Lead Change Blog

SEPTEMBER 26, 2016

Last week the CEO of Wells Fargo, a bank that’s been around since 1852, testified before Congress about the egregious wrong-doings committed by employees in his company all in the name of meeting sales goals. The chairman of the Senate Banking Committee, Sen. Richard Shelby, R-Ala.,

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Golden Parachute Pharmaceuticals Banking Ryan 150

Harvard Business Review

OCTOBER 3, 2016

Golden parachutes can’t seem to stay out of the news. And Wells Fargo CEO John Stumpf, already under fire for a fraudulent bank account scheme , has faced tough questions about his salary and the multimillion-dollar retirement package of Carrie Tolstedt, a key executive tied to the scandal.

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Golden Parachute Hostile Takeover Airlines Execution 9

Harvard Business Review

AUGUST 10, 2011

There's looting your local superstore — and then there's, as Nobel Laureates Akerlof and Romer discussed in a paper now famous among geeks, there's looting a bank, a financial system, a corporation.or Their paper might be crudely summed up in the pithy line: "The best way to rob a bank is to own one.") an entire economy.

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Golden Parachute Banking Globalization Long-term 18