http://www.bizzyblog.com/2008/06/10/things-id-like-to-post-about-today-061008-morning/ The Business End of the Blogosphere Mon, 22 Mar 2010 01:33:49 -0700 http://wordpress.org/?v=2.8 hourly 1 http://www.bizzyblog.com/2008/06/10/things-id-like-to-post-about-today-061008-morning/comment-page-1/#comment-122780 largebill Tue, 10 Jun 2008 18:21:00 +0000 http://www.bizzyblog.com/2008/06/10/things-id-like-to-post-about-today-061008-morning/#comment-122780 If I was a longtime Countrywide stock holder I'd look at the Johnson deal (among other deals) as nothing less than Mozillo stealing from the company to give to his buddies. I've long been against excessive government involvement in company business, but the actions of many CEO's scream out for greater corporate governance. When you have a public company you can not treat company property/funds the same as if it was a private company owned just by you. If I was a longtime Countrywide stock holder I’d look at the Johnson deal (among other deals) as nothing less than Mozillo stealing from the company to give to his buddies. I’ve long been against excessive government involvement in company business, but the actions of many CEO’s scream out for greater corporate governance. When you have a public company you can not treat company property/funds the same as if it was a private company owned just by you.

]]>