Bill Clinton Scandal - SANITY CHECK Message Board

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Politics : Bill Clinton Scandal - SANITY CHECK

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To: Lizzie Tudor who wrote (7898)	10/8/1998 9:30:00 AM
From: mrknowitall	Read Replies (1) of 67261

Michelle, I'm not sure where "here" is in your post, but someone ought to take a look at your CEO's contract and if there isn't a moral turpitude clause, the board is exposing the company to significant risk. In fact, all of the senior executives should have those kinds of clauses in their contracts - you may not be able to get litigation or liability insurance coverage for the company if they don't. If your investing in a company that doesn't have the insurance to cover the possible whacko boss, the losses in a civil case or even a negotiated settlement can be pretty steep. As for no one delving into a CEO's private affairs - hogwash. There are investigative firms that do that for a living. Would you turn the reins of a billion-a-year company over to someone you didn't know anything about? Well, then again, I guess you would. Mr. K.

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