Comments on: Heads should not necessarily role – this time http://www.goodhonestdollar.com/heads-should-not-necessarily-role-this-time Discussion about ethical issues relating to business Wed, 31 Aug 2011 15:10:53 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Andrew http://www.goodhonestdollar.com/heads-should-not-necessarily-role-this-time#comment-1709 Andrew Wed, 31 Dec 2008 00:33:48 +0000 http://www.goodhonestdollar.com/?p=198#comment-1709 Fair enough Brad. Many commentators agree with you, as do many of the investors who participated in the share placement. Actually, I myself have been wavering in this regard, and I initially prepared a post calling for their dismissal but changed my mind before publication. Certainly, I do not believe that information was withheld intentionally from investors. But then again, this did represent quite a serious breach of corporate governance which has done significant damage to the reputation of the bank - damage which will take a considerable length of time to repair. Perhaps I am being too soft - perhaps they should go. <abbr><em>Andrews last blog post..<a href="http://www.goodhonestdollar.com/heads-should-not-necessarily-role-this-time" rel="nofollow">Heads should not necessarily role - this time</a></abbr></em> Fair enough Brad. Many commentators agree with you, as do many of the investors who participated in the share placement.

Actually, I myself have been wavering in this regard, and I initially prepared a post calling for their dismissal but changed my mind before publication.

Certainly, I do not believe that information was withheld intentionally from investors. But then again, this did represent quite a serious breach of corporate governance which has done significant damage to the reputation of the bank – damage which will take a considerable length of time to repair.

Perhaps I am being too soft – perhaps they should go.

Andrews last blog post..Heads should not necessarily role – this time

]]> By: Brad Shorr http://www.goodhonestdollar.com/heads-should-not-necessarily-role-this-time#comment-1702 Brad Shorr Tue, 30 Dec 2008 14:35:50 +0000 http://www.goodhonestdollar.com/?p=198#comment-1702 Andrew, just what we need - another financial fiasco. Markets cannot function without trust, and our financial institutions seem to be doing everything possible to undermine that trust. I just don't see how you get past something like this without making changes at the top. <abbr><em>Brad Shorrs last blog post..<a href="http://www.wordsellinc.com/blog/marketing/help-luke-gedeon-hit-100-comments/" rel="nofollow">Help Luke Gedeon Hit 100 Comments</a></abbr></em> Andrew, just what we need – another financial fiasco. Markets cannot function without trust, and our financial institutions seem to be doing everything possible to undermine that trust. I just don’t see how you get past something like this without making changes at the top.

Brad Shorrs last blog post..Help Luke Gedeon Hit 100 Comments

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