Under the Foreign Corrupt Practices Act, a company is not allowed to provide a personal benefit to a decision maker in return for business. But hiring the sons and daughters of powerful executives and politicians is hardly just the province of banks doing business in China: it has been a time-tested practice here in the United States.
Since its founding, I've been friends with ModCloth's cofounders and many of its executives and investors. I have long imagined we would one day belong under one roof with that brand as a force in the future of apparel.
Every time my manager approached big network executives or even cable, they told him I was too dangerous. They couldn't trust me.
With so much money invested in their most promising projects, Hollywood executives will understandably do everything in their power to make their products a success in the marketplace. Therefore, the most expensive films often also get the highest marketing budgets, and are slotted into the most favorable opening weekends.
Hollywood studio executives don't recognize the value of female performers as much as male performers.
I'm not trying to rub shoulders with any record executives. If rubbing shoulders in the industry is what I wanted to do then I wouldn't be doing what I'm doing.
When executives allegedly lie to the investing public about their company's performance and thereby harm the integrity of the market, they must be held accountable.
For decades, activist shareholders were an entertaining, but largely ignored, Wall Street sideshow. Disgruntled investors would attend annual meetings to harangue executives, criticize strategies - and protest that their complaints were being ignored.
Public employee unions are hardly the only group involved in bare-knuckles politics. Businesses lobby fiercely, and executives make hefty campaign donations.