On Executives and Risk

Posted by on July 31st, 2008 at 11:37pm

CTM books wrote an interesting post today on
Here’s a quick excerpt
Okay, I read the NYT Dealbook post on Alan Schwartz, and I have to admit, it completely destroys the entire notion of executives at firms, especially like Bear, as having any real personal risk. Let me quote… Mr. Schwartz, Bear Stearns’s chief executive during the firm’s near-collapse, has been talking with Goldman Sachs, Citigroup, private equity firm Kohlberg Kravis Roberts and boutique advisory firm Centerview Partners, among others, people briefed on the matter told DealBook. (emphasis t

Read the rest of this great post here

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