Corporate Governance? Oh My God...

I suspect that most are anticipating my abhorrence to today's Journal Report in the Wall Street Journal regarding corporate governance. How could anyone expect a CEO, a real CEO, to react any differently?! Mr. Kilts is simply sugarcoating himself to the reading audience with his blabber about telling the truth! CEOs can't simply act like some benevolent socially responsible citizen. There are profits to be made not destroyed! Everyone expects CEOs to exude that elitist sleaze aspect. How can you not entrust yourself to such limits? Just because a couple bad apples got caught doesn't mean any of us are good and need new laws like Sarbanes-Oxley, which is one of the most retarded pieces of legislation that just impacts strong corporate stewardship and diminishes profits. If it weren't for this legislation, the market would have ferreted out the other weak competition, and more companies would have fallen earlier than the now prevalent financial havoc that is creating new and exciting opportunities. CEOs need to be left alone so we can act inappropriately and feel like smiling more. The last thing CEOs need to be is held accountable to the members of the board, or anyone except the immediate materialistic, alcohol, drug and sexual gratification needs of the moment. CEOs have vast and serious responsibilities to their wives future alimony, and to their mistresses automobile and condo payments. CEOs also have significant duties and obligations to ensure that any and all of their children are physically, emotionally and mentally unstable to the maximum so they can attend the finest schools, and someday hold the important positions that direct this great nation, and its businesses, to absolute and positive destruction. How else can anything get done without these simple complex and dishonest attributes? Remember it's all about me, the CEO, and profits. So why harp and whine about corporate governance? It's a non-issue.

CD