John Coffee
John Coffee
John R. Coffeewas an American planter and state militia general in Tennessee. He commanded troops under General Andrew Jackson during the Creek Warsand during the Battle of New Orleans in the War of 1812...
board body bunch change closely directors incentive influence puts side strong
It's going to change the board from a prudential body and a restraining influence into a bunch of cheerleaders. It will give the board a strong incentive not to look too closely at the numbers. It puts directors on the same side as management.
action actions both civil class criminal deal government guilty involving price product rush securities settle suspect
I suspect this rush to settle the civil antitrust actions and the securities class action are the product of both an approaching deal with the government involving a plea of guilty to criminal price fixing, and also the approaching shareholders meeting.
safe serve
I think it's safe to say they won't serve more than 10 to 12 years,
arthur companies fact resigned soon
Companies are resigned to the fact that Arthur Andersen is soon to be deceased.
disaster disasters financial higher late led managers prices quest stock
Cendant was the unrecognized harbinger of financial disasters to come. It was the harbinger in the late 1990s of how the quest for higher stock prices led managers astray.
barred classic conduct corporate gets martha private setting
This is not a classic setting where someone gets barred for conduct as a corporate officer. Everything Martha did was in her private capacity.
brand hosting linked move product products selling single strong variety
NYSE will move from selling a single product to hosting a variety of products linked to its strong brand name.
assumes avoid explain litigation money rat simply throw willing
There has to be something that we don't know. To simply explain that they're doing this to avoid litigation assumes that they'd be willing to throw money down a rat hole.
bankruptcy books books-and-reading company confident cooked creditors deep looking pockets start trouble
The one thing we can be confident of is that the books are cooked. We don't need to know who cooked the books to know that there is deep trouble for this company ... Bankruptcy reorganization looms and that the creditors are going to start looking for deep pockets to sue.