Finding rich executives behaving badly
Plenty of executives and their companies were exposed for questionable behavior this year. Michelle Leder, editor of Footnoted.org, dug up many of these indiscretions from the fine print of SEC filings. She talks with host Amy Scott.
Michelle Leder, editor and founder of Footnoted.org (Footnoted.org)
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- Countrywide gives President and COO David Sambol $2.62 million promotion bonus and country club membership just before stock implodes (Footnoted.org)
- Hair-salon chain Regis Corp. doles out more than $2 million worth of goodies to relatives of corporate executives (Footnoted.org)
- Morgan's Hotel Group adds $30,000-a-month Manhattan apartment to new CEO Fred Kleisner's $750,000 salary (Footnoted.org)
- I2 Technologies, a troubled software company, spends almost $1 million ferrying former CEO Michael McGrath between his Maine home and its Dallas headquarters (Footnoted.org)
- Apple discloses giving free iPhones to employees, execs and Al Gore (Footnoted.org)
- Qwest Communications CEO Edward Mueller sends his step-daughter to high school on a private jet. (Footnoted.org)
