September 16, 2002
The recent struggle on the Worldcom board between court-appointed Richard Breeden and Stiles Kellett – as well as the revelations about General Electric’s payments to Jack Welch – further highlight the need to reform the way that boards work.
See two articles that touch on this topic – one by Nell Minow at http://www.usatoday.com/news/opinion/2002-09-16-opin-stockholders_x.htm – and the other from the Washington Post at http://www.washingtonpost