Money Talking: Murdoch, Banks and a New Era of Corporate Accountability
Friday, May 04, 2012
A British parliamentary committee calls News Corporation's Rupert Murdoch "not a fit person to exercise the stewardship of a major international company.” Shareholders upset with Chesapeake Energy’s CEO Aubrey McClendon force him to give up his role as chairman of the board. And pay packages for bank executive are being challenged. It just might be the dawn of a new era of corporate accountability.
Plus: Harvard and M.I.T are just the latest premier institutions of higher learning to offer free online courses. But if they give the product away for free, are they ultimately undercutting what makes them so exclusive?