The foundering Kraft buyout of Cadbury is the latest example of how corporate boards are costing us trillions. David Zweig and John Gillespie on how shareholders need to get tough.
John Gillespie is the co-author, with David Zweig, of Money for Nothing: How the Failure of Corporate Boards Is Ruining American Business and Costing Us Trillions. He was an investment banker for 18 years with Lehman Brothers, Morgan Stanley and Bear Stearns and served as the Executive Vice President and CFO for a nationwide human services company with 24,000 employees. Prior to his career in business, he worked in Massachusetts state government and as a speechwriter.