Still wondering what corporate boards are good for

UCLA law professor and one-man-media-empire-in-the-making Stephen Bainbridge has responded to my response to his critique of my very first post on this blog, “Who needs a board of directors, anyway?” (Dizzy yet?) Bainbridge’s essay is highly erudite, with footnotes and everything. Reading it will, to quote an ill-fated Fortune ad campaign of a few years [...]