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Huckleberries Online

Fri., March 29, 2013, 1:12 p.m.

Balderdash: Coeur’s Reason For Move

Pure unadulterated balderdash.  Pure B.S.  That’s the only way to describe the baloney Coeur—the Precious Metals Company is serving up as its excuse for relocating its corporate headquarters from Coeur d’Alene to Chicago later this year. It’s bad enough that most corporate Chief Executive Officers (CEO’s) and Presidents are grossly overpaid by compliant boards, even when the CEO has failed miserably but is still given the proverbial golden parachute.  When boards though give way and acquiesce to pure CEO vanity, shareholders ought to sue. Make no mistake, folks, this move is an exercise in personal vanity by Coeur’s president and chief executive officer, Mitchell Krebs. He and his wife both hail from the Chicago area and want to get closer to home. So let’s just pick up the corporate headquarters and move, ma!/Chris Carlson, Carlson Chronicles. More here.

Thoughts?




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D.F. Oliveria
D.F. (Dave) Oliveria joined The Spokesman-Review in 1984. He currently is a columnist and compiles the Huckleberries Online blog and writes about North Idaho in his Huckleberries column.

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