When Mr. Grimes courted the offering of LinkedIn last year, he advised the executives to avoid the vortex of Facebook.
The case brought by the US authorities forced Betonsports to shut down much of its business and has prompted many British gambling executives to avoid travelling to America.
Considering their recent restructure from a parent company to subsidiary of Alphabet, it would have been unthinkable for Google's executives to avoid rephrasing their central ethos and refining their core business vision.
Indeed, the government quotes Mr. Fastow as carefully choosing his words when speaking to Merrill executives to avoid providing a guarantee of their investment, out of knowledge that such an arrangement would jeopardize the accounting.
Of course, with the merger pending, and Mr. Turner's displeasure now out in the open, it is in the interest of top AOL and Time Warner executives to avoid controversy and keep Mr. Turner's spirits up.
Mr. Stumpf, they said, was offering little more than platitudes while allowing his top executives to avoid any real consequences — like being fired or having their enormous pay packages clawed back.
This trend has existed ever since the Enron and WorldCom scandals (and the subsequent Sarbanes-Oxley law) and probably relates to the desire of executives to avoid being sued or prosecuted.It is hard to see how profits can keep growing at a double-digit percentage rate.
The British government asked the country's five biggest banks and the London units of overseas-based banks, like Goldman Sachs, to comply with the Group of 20's bonus rules, and the Financial Services Authority has pressed executives to avoid paying large bonuses before replenishing their banks' capital or increasing lending.
And hot on the heels of President George W. Bush urging executives to avoid "the primrose path of fancy financial footwork," many firms chose to show that integrity, filing financial reports ahead of the SEC's deadline; more than 300 companies filed financial as of Tuesday evening.
Mr Obama has not once claimed executive privilege to avoid turning over information to Congress.
