On Jul 10, 2008, at 10:01 AM, Charles Brown wrote:
> Watchdogs point out that interlocking directorates may cause conflicts
> of interest, poor governance and poor compensation decisions, a lack
> of
> fresh perspective, and the concentration of corporate power into a
> single extended social network.
That's the one. And it _is_ global. And it would serve the interest of a privileged class while being independent of that class.
martin