IBM board still does not compute

Computing behemoth IBM has renominated its entire board of directors this year, featuring 10 out of 13 candidates that have held chairman/CEO positions at publicly traded companies and two that have served as private university presidents. While they bray about increased burdens of regulation, corporate inmates continue to run the asylum and pay themselves millions of shareholder dollars for their disservice to common sense and disrespect to the true owners of the company. Corporate reform, my bottom line.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.