Official accused of insider trading o...

Official accused of insider trading off AMR board

There are 3 comments on the Darien News-Review story from Mar 7, 2011, titled Official accused of insider trading off AMR board. In it, Darien News-Review reports that:

The former Goldman Sachs director accused of insider trading has resigned from the boards of American Airlines and its parent, AMR Corp.

Join the discussion below, or Read more at Darien News-Review.

Since: May 08

Santee CA

#1 Mar 8, 2011
Would love to say something smart and witty, but at the moment I am too hung over and tired to make a smart choice. Wait there is a open seat on the AMR board, and in my current state I could fit right in. Wow, that was way too easy. I'm going back to bed now.

Since: Sep 08

Location hidden

#2 Mar 8, 2011
What is really telling here is that the rest of the board of directors did not eject him from their midst. They rallied around their fellow member.

In my opinion, the AMR board of directors needs a thorough house cleaning. They do nothing other than rubber stamp the decisions of Gerard Arpey and his management(loose interpretation of this word)team.

But, since they sit on each other's boards in this rich person's club, I do not expect much change.

I wonder how one organizes an uprising on the order of the goings-on in the middle east, without the violence, to force better corporate governance in America?

Perhaps that is not possible either, given the present status of the oligarchy.
Surprise Surprise

Broomfield, CO

#3 Mar 10, 2011
big biz wall street crooks

Surprise Surprise, NOT!

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