For earnings, use the bottom-line numbers collected by Standard & Poor's, not the wishful-thinking numbers that ignore nonrecurring items, usually writeoffs related to management fiascos.
The risk-management fiasco at JPMorgan was an obvious failing, but directors of public companies often let down their outside shareholders in ways that are more subtle, but equally important, say some experts on public company board practices.
The immediate challenge for Europe is crisis management: the fiasco in Budapest is just the European leadership problem in microcosm.
No one blames Ms Yingluck for the lapses in planning and water management that exacerbated this fiasco, let alone an unholy slew of rain this year.
It's also the most common assessment I've gotten from the members of the Siegal Committee, which was created by the paper's management after the Blair fiasco to recommend changes to assure the quality and integrity of the newsroom's methods of operation.
Since announcing the trading losses in May, JPMorgan Chase has worked to move beyond the fiasco, shuffling senior management, clawing back millions of dollars in compensation from senior executives and commissioning the internal investigation.
But analysts point out that most Americans blame network management, not Leno, for the fiasco.
John Whittingdale, the chairman of the Culture, Media and Sport select committee has described the BBC's handling of the Newsnight fiasco as a failure of management at every level".
