Tagged: corporate governance

BofA CEO Lewis resigning

After months of legal scrutiny of Bank of America’s takeover of Merrill Lynch, BofA CEO Ken Lewis says he’ll step down at year’s end.  School of Management Professor James Post, an authority on corporate governance and business ethics, says the momentous changes that Lewis orchestrated left BofA vulnerable and Lewis himself personally accountable. “What brought […]

BofA under secret regulatory sanction

Bailed out Bank of American reportedly is under a secret regulatory sanction — a memorandum of understanding — to overhaul its board and address risk and liquidity problems.  Six of its 16 directors have resigned since the sanction was imposed.  School of Management Professor James Post, an authority on corporate governance, says BofA should have […]

Disclosing Jobs’ liver transplant

Should Apple’s board of directors been notified that on-leave CEO Steve Jobs had a liver transplant?  School of Managemenet Professor James Post, an authority on corporate governance matters, can discuss the ins and outs of transparency requirements for the boards of public companies. Contact James Post, 617-353-4162, jepost@bu.edu

Jobs back to Apple?

Reports say Steve Jobs, on medical leave since January, could be returning to the helm of Apple by the end of June, with speculation that he may make an appearance at Apple’s developer’s conference that starts on Monday.  School of Management Professor James Post, an authority on corporate governance, can discuss the critical role of […]

AIG reconfiguring its board

Under pressure since admitting paying out milions in bonuses after receiving billions in federal bailout money, insurance giant AIG says it will reconfigure its board to include six new independent directors.  School of Management Professor James Post, an authority on corporate governance and business ethics, says the AIG effort is not a surprise because “the […]

Anger at AIG bonuses could reshape economic landscape

School of Management Professor James Post, an authority on corporate governance and business ethics, in a BU Today Q&A discusses the impact of the furor over the AIG bonuses and how it could impact both the short-term recovery process and the long-term future of executive compensation in the financial services industry. Contact James Post, 617-353-4162, […]

A Breach Of Fiduciary Duty At Bank Of America?

School of Management finance professor Mark Williams writes in Forbes about potential negligence by Bank of America during its Merrill Lynch acquisition. “Regardless of the outcome of investigations into breaches of fiduciary duty, the real loss is that BoA only six months ago was a strong and valuable banking franchise.  If it had not quickly jumped into […]

Financial crisis

The following Boston University professors are available to comment on the various aspects of the financial crisis: School of Management Professor Mark Williams, an expert on risk management and former Federal Reserve Bank examiner who teaches in the school’s Finance Department.  School of Management Professor James Post, an expert on corporate governance and business ethics. […]