White Noise

William Donaldson was lucky he didn't get roughed up in the Four Seasons' parking lot after Foley & Lardner's recent conference for directors and in-house counsel in Chicago.

During his keynote address at lunch, the former SEC chairman (who was a surprisingly unimpressive speaker) talked at length about how SOX is the right medicine to cure corporate America's ills. That solicited some eye rolling from the directors at my table. Donaldson then talked about how independent directors are making America's boardrooms more responsive to shareholders.

staff Writer

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