Ralph’s Harvard Law School classmate and corporate governance expert, Robert A.G. Monks, explains how CEOs enrich themselves at the expense of productive investment. And law professor, Mehrsa Baradaran proposes an alternative to puttingyour money into the big bad banks.
Robert A.G. Monks is a pioneering shareholder activist and a corporate governance advisor. He has written extensively about shareholder rights and responsibilities. He is also an expert onpension and retirement plans and was appointed director of the United States Synthetic Fuels Corporation by President Ronald Reagan. Mr. Monks was also a founder of Institutional Shareholder Services, now the leading corporate governance consulting firm. He was also featured in the documentary “The Corporation”and was the subject of the biography A Traitor To His Class: Robert A. G. Monks and the Battle to Change Corporate America by Hilary Rosenberg.
Mehrsa Baradaran is an associate professor of Law at the University of Georgia where she teaches Contracts and Banking Law. She has written on banking issues for many prestigious law journals including “It’s Time For Postal Banking” for the Harvard Law Review Forum. She is also the author of How The Other Half Banks: Exclusion, Exploitation and the Threat to Democracy.