Among today’s news links: Larry Ellison calls HP’s decision to can Mark Hurd the “worst personel decision since the idiots on the Apple board fired Steve Jobs many years ago.”; Inside the AIG bailout scandal; Hurd reaps payday as HP investors suffer.
Blackwater (and its executives) could be in some murky FCPA water in connection with alleged secret payments to Iraqi officials. Also, Garth Peterson was fired by Morgan Stanley last December over concerns that he may have violated the FCPA.
Morgan Stanley announced yesterday that James Gorman will replace John J. Mack as Chief Executive Officer, effective January 1, 2010. Gorman will also be joining the Morgan Stanley board of directors on that date.
In today’s edition of the GRC news roundup, we look at the CFTC review being faced by Goldman Sachs and Morgan Stanley as well as the antitrust probe facing Teva and Servier.
