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Old 02-15-2010, 06:01 PM   #34
sjkted
Avalon Senior Member
 
Join Date: Sep 2008
Location: LA County
Posts: 361
Default Re: Many heads of companies are resigning unexpectedly!! Why??

It could be that they are stepping down to save face for the company. Perhaps they were involved in illegal dealings such as manipulating stock prices, lying to investors/shareholders, or some other unsavory activity that is just about to come to light. Generally, this is what happens when the top brass is doing something illegal. That way, the new C-class team can make some statement to the tune of: we don't know exactly what the last CEO/CFO knew/did, but we're trying to make it right...

--sjkted
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