BofA, where are the adults?

Two weeks ago, in a move that has disheartened corporate ethicists everywhere, even as far away as Russia, Bank of America’s board of directors voted to bestow upon CEO Brian Moynihan the additional title of chairman. The current chairman, Chad Holliday, will remain on the board.  When reached for a comment by Bud Fox News, Charles Faux-Pas, Professor of Organizational Behavior at Trenton Christian University, remarked:  “This action shows all the decision-making ability of a Florida State University Athletic Director.  It’s like hiring a fidgety guy with really bad teeth and a nervous tic to work in the pharmacy department.” Continue reading →