Breakingviews

Review: Exxon’s shareholder fetish, good and bad

By Christopher Swann
May 4, 2012

A single-minded devotion to shareholders has helped the oil giant earn high returns. But Steve Coll’s “Private Empire” shows how this obsession also made it easy to make some bad decisions: cozying up to nasty regimes and a crusade against global warming science.

We need to talk about Jamie Dimon

September 26, 2013

JPMorgan has shelled out $20 bln in legal costs, with billions more possibly coming to settle a raft of outstanding U.S. government charges. The CEO is part of the problem. Breakingviews imagines how lead director Lee Raymond might lay out his dilemma for two new board members.