Patricia Lenkov

NYSE Positioned to Lead Fundamental Corporate Governance Reform Effort

All of the "common sense" reforms suggested in this article are helpful and can improve corporate governance. However, to get to the origin of the problem we need to take this a step further and examine how new board directors are surfaced, evaluated and ultimately nominated. The so called "failure of corporate governance" cannot be looked at from inside the boardroom, in most cases this is too late. We must try to make corrections and improvements in the director search process as the appropriate starting point.

Citigroup Shareholders Meeting: Lessons in Corporate Governance

John Deutch qualifies as a financial expert only in the most loosely defined way and as such the board can say they comply with Sarbanes Oxley. I think that the dire circumstances at Citi require more than simply the bare minimum compliance.