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Michael Moritz
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Blog Entries by Michael Moritz

Ending Piggybank Politics: Checkbook Balancing in San Francisco

Posted February 7, 2011 | 08:09:00 (EST)

Imagine a major, public company where the executive officers posted phony financial projections, systematically misled shareholders with over-optimistic forecasts, organized compensation committees with no independent members, intimidated suppliers with threats of reprisals, stacked supervisory boards with management cronies and failed to disclose campaign contributions. The SEC would hurl the book....

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