Meet the new poster boy for excessive CEO pay. He is ousted American International Group CEO Martin Sullivan. Sullivan was kicked out of office this week after shareholders and investors complained that the insurance and financial giant posted two quarters of gigantic losses. According to figures from...
Okay, I'm being puckish -- anyone in business knows that customers constantly argue for a better deal. But in at least some contexts, like buying wine, people feel better about what they buy if it costs more. That's the gist of what's called the price-placebo effect, reported...
Two interesting views on the career suicide of former New York Governor Eliot Spitzer. Writing in BusinessWeek, Harvard Business School professor Bill George fits Spitzer into a failed leadership type he terms "rationalizer." I believe Spitzer's profile closely fits the rationalizer, one who gets so caught...
Leadership Lessons from Eliot SpitzerBEYOND LEADERSHIP AND MANAGEMENT...Beyond MANAGEMENT and LEADERSHIP:Behold LEADAGEMENT BISIKAY, Director, The Global LEADAGEMENT Institute, London, U K. bisikay@gmail.com / leadagement@gmail.comINTRODUCTIONMANAGEMENT'S NEXT BIG IDEA..."LEADAGEMENT!"I have come to realise that once we moved away from MANAGERIALISM to, and, from the LEADERSHIP models of EXECUTIVE deployment and development,...
It's not every day that a veteran journalist takes the time to provide a media relations lesson to those seeking "good press." But that's what San Francisco Chronicle columnist John Diaz did in Sunday's edition of the paper. He mainly addressed his advice to politicians, but it applies to business...
Feeling shock, schadenfreude or maybe a little smirky over Eliot Spitzer's resignation? Good. Now look in the mirror. Lots of leaders are prone to the same issues that probably caused Spitzer to misstep, says Michael Stallard, a management consultant and author (here's Big Think's review of his...
Right now, a lot of people are piling on Eliot Spitzer for portraying himself as being so righteous in stamping out evil even while reportedly seeking out the services of high-priced call girls. People seem to be surprised. But I'm not. I was very lonely out there in the...
Was N.Y. governor Eliot Spitzer "caught in a prostitution ring?" Or did he simply hire a prostitute and get caught? The power of message control was on full display yesterday, with the national media playing along in all its glory. The first word I...
Eliot Spitzer's Legacy on TrialIt's Known as CollusionCollusion - price fixing, kickbacks, and all the misrepresentation that goes along with said secretive practices - has always been illegal. This is what Spitzer exposed. Please take some time to research all of the charges against all of the companies involved,...
As per an article in today's Wall Street Journal, the trial in the case of how American International Group AIG and Chairman and Chief Executive Maurice "Hank" Greenberg allegedly manipulated earnings is finally starting. Facing criminal charges are five executives of AIG and Warren Buffett's General Re Corp., which allegedly...
Eliot spitzer's campaign pledge that "Day One, everything changes'' might have been a tad over the top, but in Week One, the new governor laid out an impressive agenda to fix what ails New York. The object of any overhaul has long been clear:...
Byline: Jay Gallagher Sure, New York is a democracy, but it's no secret that those with deep pockets get heard the most. Teacher and health care unions, trial lawyers, insurance companies, hospital associations and other big donors have been suc Byline:...
In most years, the state's very late primary date, the second Tuesday in September, signals the start of an intense, two-month sprint to the general election. This year, it just continues a six-month interregnum as the lame duck Pataki administration In most years, the state's very...
Byline: Greg David The field in the governor's race has now narrowed to John Faso and Eliot Spitzer (sorry, Tom Suozzi). There's one big unspoken reason that Mr. Spitzer is the overwhelming favorite: He's the bigger SOB, and New Yorkers like that. Byline:...
Gov. eliot spitzer roared into office with a smashing election victory promising to change Albany's dysfunctional ways on Day One. Now, after tortuous negotiations over the budget, he has switched cliches, saying that Rome wasn't built in a day. He l Gov. eliot spitzer roared into...
Byline: Alair Townsend I watched eliot spitzer's State of the State address with a list by my side. I had written down a reformer's dream agenda--about a dozen high-priority issues I hoped he would address. Down the list he went. Check, check,...
Attorney general Eliot Spitzer joined the movement to reform Albany last week and took what could be a major step toward overhauling New York state government. It was likely just the start of a rock-the-boat agenda by the Democrat, who is widely seen Attorney general Eliot...
NOW THAT ELIOT SPITZER has said four major multiline insurers can no longer pay contingent compensation to agents and brokers in six lines of business, including boiler and machinery, financial guarantee, homeowners and private-passenger auto liabili NOW THAT ELIOT SPITZER has said four major multiline insurers...
Byline: Erik Engquist and Anne Michaud Spitzer gains most from L.I. Senate Gov. eliot spitzer is the big winner after last week's state Senate race on Long Island in which Democrat Craig Johnson below defeated Republican Maureen O'Connell, nar Byline: Erik...
Byline: Greg David Nothing in politics is certain, but no prediction in the last 20 years seems safer than the one that says Eliot Spitzer will be the next governor. That certainty now has insiders focused on how much the attorney general really k...
