We've got the emPHAsis on the wrong sylLAble when it comes to crime in this country. The FBI says burglary and robbery cost U.S. taxpayers $3.8 billion annually. Securities fraud alone costs four times that. And securities fraud is nothing to the cost of oil spills, price-fixing, and dangerous or defective products. Fraud by health-care corporations alone costs us between $100 billion and $400 billion a year. No three-strikes-and-you're-out for these guys. Remember the S&L scandal? $500 billion.
--Molly Ivans 3/8/2000


Corporate Life Independence: Jobs for the Boys: union or corporate

Anytime you have two or more directors sitting on two or more of the same boards, you have a potential for conflict. Why does a board need to bring on directors who have those interlocks? Why can't they work a little harder to find genuinely independent directors?
· Directors [Charlotte]