ALTHOUGH finance directors often become chief executives, the same is not true in politics.
Perhaps public company executives should be forced to start treating executives the same as Wall Street executives treat each other.
Citi's board members will continue to approve base salaries, cash bonuses and deferred stock given to top Citi executives, the same way they were in the past.
When Mr. Mahathir emerged to speak to business executives, the same group Mr. Bush addressed earlier in the day, he did not mention terrorism.
Opposition to the combination has grown since Sept. 17, when Molson said in a regulatory filing that it intended to give company stock options, mostly held by Molson executives, the same voting rights as the Class A shares.
For Mr. Welch and other chief executives, the same function is played by private planes, limousines, palatial homes, exclusive seats at sporting events and other trappings of corporate power.
Bush signed another executive order the same week he signed the executive order that subverted the Supreme Court's ruling against him on prisoner interrogation practices.
"I was impressed by a couple of things," another executive at the same studio said.
Clearly, no company willingly dumps both chairman and chief executive at the same time.
Surely every executive thought the same, but you weren't supposed to say that.
