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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (56729)	2/12/2002 12:00:39 AM
From: Skeet Shipman	Read Replies (2) \| Respond to of 94695

One thing accounting fraud has shown is stockholders need to become much more active in selection and approval of boards of directors. Not allowing the good buddy, associated bank, political and university selection most often seen on boards of directors to continue. One would think the responsibility for this to a large extent is with the mutual fund ownership. Unfortunately funds seem to promote their own incompetent social directors. In fact, the small investors need to force their own independent appointees to companies and mutual fund boards of directors. (Today's award for _______ on Enron's Board goes to: Robert K. Jaedicke Stanford, California Professor (Emeritus) of Accounting and Former Dean, Graduate School of Business, Stanford University )