Defective Enterprises

This category contains 19 posts

Have You ‘Hurd’? Greed Still Living Large

We all know about the greed and grasping at Wall Street’s failed giants. But the greed at ‘successful’ companies elsewhere in America is getting a free pass.

Fannie, Freddie, and Failure

How sky-high rewards for CEOs turn respectable enterprises into muggers of the American dream.

The Democratic Party Platform’s Missing Plank

The Democrats, once again, have chosen not to challenge the incredible concentrations of wealth that sit at America’s economic summit. These concentrations have consequences. We explore one — at General Motors.

Banking on Bigger

America’s banking giants have spent the last two dozen years wheeling and dealing their way to fortune — and financial folly.

Class Conflict for the 21st Century

In their rush for jackpots, America’s top corporate executives are doing intolerable damage to enterprise well-being. Who says? America’s professionals! A review of Love the Work, Hate the Job, by David Kusnet.

Super-Sized Incentives: Behold and Beware

Another celebrated American executive is creating economic havoc, this time in the auto industry. What makes ostensibly smart CEOs act so dumb? We explore how over-the-top rewards play out.

Behind Every Successful Modern Top Executive . . .

. . . you’ll likely find, suggest billionaire Mark Cuban and recent corporate history, worried workers and cheated consumers

Shareholders as Boo Birds

How much higher can executive pay rise? Corporate shareholders, corporate boards are learning to their chagrin, may no longer have the patience to wait and see.

John McCain’s Superstar CEO Apostle of Innovation

Former Hewlett-Packard chief exec Carly Fiorina doesn’t represent everything that’s wrong with Corporate America. But she comes close.

ZEITGEIST NOLA