The Worst C.E.O.’s of 2011

[elleng]

How do you go from being one of the country’s most-renowned and respected business leaders to landing on the list of the Worst C.E.O.’s of 2011? Did the glory go to your head, so that you believed you knew more than everyone else? Did you take your eye off the ball because you thought all was well in the kingdom? Or was it that staying on top was just so darn difficult that there was only one way to go?

This year, there was a little of each. Arrogant chief executives, like the pair at the top of Research in Motion, Mike Lazaridis and Jim Balsillie, and of course Jon S. Corzine, late of MF Global. Complacent chiefs, like William C. Weldon at the bellwether Johnson & Johnson. And what of Reed Hastings, the much-maligned boss at Netflix? Chalk that up to his bumbling response to the forces of creative destruction at work.

http://dealbook.nytimes.com/2011/12/27/the-worst-c-e-o-s-of-2011/?hp

[Demeter]

1. The Crimes Will Out

The ability of anyone, no matter how rich or powerful, to conceal indefinitely his criminality has been irreparably compromised. No amount of wallpaper can cover over the gross fraud, theft, lying, and influence buying of the modern business leaders. The Internet and the shredding of the Constitution have shown us little people that there's no value in hiding someone else's dirty linen, not any more.

Even if the power structure will not take action, the 99% is comparing notes, drawing conclusions, and making lists of the criminals and their crimes.

Since the Criminal Class seems to have no sense of propriety, moderation, or even self-preservation left, it won't be long before revolution washes them away.

Other than Corzine, this article really doesn't begin to list the worst CEOs of 2011. Where's Blankfein, Dimon, and the rest of the banksters? Where are the international Corporate Criminals?