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A Short History of Golden Parachutes

Harvard Business Review

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. This was quickly followed by the era of hostile takeovers in the 1980s.

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What's Lost When Shareholders Rule

Harvard Business Review

It is what many countries around the world aspire to, what economists recommend, and what international agencies such as the IMF and World Bank encourage developing and emerging economies around the world to adopt. Even in the U.S., They should, in other words, flog themselves until they feel better.