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Here at footnoted, we’re so used to the oversized perks that CEOs and other top executives receive — perhaps the right word here is really expect — that when we stumbled across something in the proxy that Dresser-Rand (DRC) filed yesterday, we nearly did a double-take: In 2009, the Company, through a third-party relocation services firm, [...]
Public-company filings can be dry stuff, but every once in a while, one offers careful readers vivid insight into the aspirations and personalities of some of the business world’s most prominent people. So it was with the employment agreement filed on Friday by MF Global (MF) for Jon Corzine, New Jersey’s former governor and U.S. [...]
Good old Ben Franklin has been held up as a paragon of thrift and financial virtue in this country for two centuries — and for good reason. He published Poor Richard’s Almanack and gets credit for such pithy sayings as that bit about early to bed and early to rise, as well as “a penny [...]
Most people think of Williams-Sonoma (WSM) as a purveyor of gizmos and furnishings for the kitchen and home. Here at footnoted, we also see it as a busy part-time broker of executive aircraft. This time, they’re planning to buy the former boss’s Bombardier Global 5000, a corporate jet that Bombardier describes as a “powerful and luxurious aircraft [...]
Don Blankenship, the irascible chief executive of embattled Massey Energy (MEE), may be retiring from the company he has led for a decade, but don’t be tempted to see him as a broken executive limping into the sunset with nothing but regrets for solace. Whether or not his departure comes in a time and manner of his [...]
