Gretchen Morgenson: How to Gauge a C.E.O.'s Value? Hint: It's Not the Share PriceA company's
stock can rocket even as its operations are being run into the ground.
But how else to link a chief's pay to performance? We asked experts to
analyze returns on capital among top 200 companies. The study concluded
that 74 overpaid their chief executives.
Hacker May Have Taken $50 Million From Bitcoin Alternative EtherAn organizer
working with an experimental virtual currency project sent out emergency
alerts explaining that people had decided that shuttering it would
probably be the best move.
"The D.A.O. is being attacked," Griff Green wrote. "This is not a drill."
Steven Davidoff Solomon: Viacom Director Has Uphill Battle in Case Against RedstoneWe have the
beginning of the end of a messy legal battle as a Delaware court will
determine whether five Viacom directors stay, and by implication,
Philippe Dauman as chief executive.
Breakingviews: Golden Parachute Would Ease Dauman's Exit From ViacomIf Philippe
Dauman were terminated in his battle with Sumner Redstone, he would
leave with a pay package worth an astonishing $84 million.
Stephen J. Lubben: Brexit Could End London's Reign as Europe's Financial HubThe change
might mean fewer banks and lawyers in the area. As a result, the reasons
to negotiate a workout in London and present it to a British court
Countrywide's Mozilo Off Hook as U.S. Said to Abandon SuitU.S.
prosecutors have abandoned their case against Angelo Mozilo after a
two-year quest to bring a civil suit against him. In recent years, the
77-year-old has been living in a 12,692-square-foot house in Santa
Barbara, investing and writing a book.
Yahoo's Marissa Mayer Stumbled After Secret Truce With InvestorAs tough as her
job was from the start, Ms. Mayer made things even worse after
Starboard began prodding Yahoo, the Journal reported. "Her core mistake
was this belief that she could reinvent Yahoo," says a former executive.
"There was an element of her being a true believer when everyone else
How Hired Hackers Got 'Complete Control' of PalantirPalantir hired a
cybersecurity firm last year to test its digital defenses. A
confidential report shows how the pro hackers were able to dominate the
tech company's network.