The Score at Halftime: Mackey 1, Byrne 0
It's interesting to contrast the heartfelt (if belated) apology released today by Whole Foods CEO John Mackey with the swinish, sick rant unleashed by Patrick Byrne yesterday.
Both engaged in inappropriate, probably illegal conduct on message boards. Mackey is starting to "get it," while Byrne is in a paranoid haze of denial.
Contrast too the internal investigation launched by the board of Whole Foods with the inaction of the famously inert Overstock.com board of directors.
That's the difference, I guess, between integrity and sleaze.
© 2007 Gary Weiss. All rights reserved.
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Wall Street Versus America was published by Penguin USA on April 6.
Click here for its Amazon.com listing and here for more information on the book, from my web site, gary-weiss.com.
Labels: corporate ethics, corporate governance, John Byrne, John Mackey, John P. Mackey, Overstock.com, Patrick Byrne, Regulation FD, Whole Foods
posted by Gary Weiss @ July 17, 2007
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