Published May 11, 2010 at 2:07 PM
Latham & Watkins LLP partner Charles Nathan is as close to a corporate governance heretic as they come. He calls proxy statements "a totally useless destruction of forests" and corporate governance "a big conceptual dead end." In fact, he says, with no empirical evidence to prove that "so-called" good governance practices improve corporate performance, the entire governance complex runs on little more than faith. Watch the video below or download it at iTunes. --Suzanne Stevens
Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.