Corporate governance as universal sham

[Carl Remick]

>From: Michael Perelman <michael at ecst.csuchico.edu>
>
>On Fri, Aug 16, 2002 at 03:52:43PM +0000, Carl Remick wrote:
> > As I've noted before, it's quite amusing to see business executives 
>around
> > the world leveling the bony finger of indignation at the corrupt conduct 
>of
> > their U.S. counterparts.  Biz executives are pretty much the same greedy
> > psychopaths everywhere.
>
>Isn't it only fair.  Isn't it true that the US has a long histery of
>finger pointing in the other direction?

Yes, it's payback time.  But the key thing is that execs the world over are 
pretty fungible, and despite their supposed preference for a "level playing 
field" what they all want is a comfy mud wallow.

Carl

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