Wednesday, January 14, 2004

Let's get the basis straight

As you know, this corporate governance issue is very complex and it is in transit. Eliot Spitzer is going from one sacred cow to another every two months. (January-February is for the pharmaceuticals). The collision date for corporate America is June 15, 2004. There is no history for this terrorist bomb on the corporate hierarchy by a regulator. What I have figured out of the birdsnest, as a platform to observe the proceedings, is a sequence of focus. What I do know for sure is that a random discussion of random material will go straight to Hell. I suggest the first topic should be confined to defining the "threat." That is, what drove the interest in forming a blog in the first place. Hindsight analysis will not do.

Bill Livingstone