Patrick McGurn
Patrick McGurn
both doubt heavy lining political pulling quite sides similar situation strategy taking time war
Time Warner is pulling out the heavy guns, there's no doubt they are taking this seriously. This counter-point situation is quite similar to a political campaign, where both sides have a war room. One side is lining out a strategy and the other is responding.
abide amount bad drive ethics falls high love rises sad save
It's always so sad because you love those Horatio Alger stories, and then someone rises up that high and falls so far. Ultimately, this is about ethics, and no amount of drive is going to save you if your ethics are so bad and you're not going to abide by the law.
change definitely issue spreading velocity
The velocity of change on this issue is tremendous. It's definitely spreading quickly.
companies less percent talking
As ratios go, that's actually pretty low; we're talking in the less than 10 percent range, which is where we want companies to be nowadays.
boards companies corporate felt good limiting public service standards
A lot of corporate boards felt it was a good idea for public companies to have standards limiting board service in place.
citizen paying
It's ridiculous. Part of being a citizen is paying taxes.
blame closer definitely flags language opposed red
There were definitely some that went closer to saying, 'Don't blame me,' as opposed to saying, 'This is the process,' ... I think that probably should set off more red flags as the language got stronger.
adequate bang ceos everybody limited
This is not a right-left, Republican-Democrat, man-woman, old-young issue. Everybody thinks, with some very limited exceptions, that CEOs are overpaid, and because of that, shareholders aren't getting adequate bang for their buck.
board case company control creating element key number plan seats seeking strategy value
This is particularly the case if a dissident is seeking control of the board or a substantial number of seats - an alternative strategy and plan for creating value at the company is going to be a key element of our evaluation.
bridges build repair sovereign time
Sovereign has a lot of bridges to build with institutional investors. It's going to take time to repair their image.