Recommended Reading - Bank chiefs likely to stay in place, CNNMoney

David Ellis of CNNMoney wrote a story today analyzing why many experts think bank CEOs in troubled banks will remain in their jobs. While I do not fully agree, the story is a very worthwhile read.

Recommended Reading - Hazards Being Near the Top, New York Times Dealbook

As a follow up to my previous blog on the latest management changes at Lehman, The New York Times Dealbook had a worthwhile piece on the risks top managers face when sitting a rung below the CEO.  The story is worth a quick read.

Recommended Reading - 'Short Sellers' haven't had it so good since 1990

Alexis Xydias wrote a short story in Bloomberg today in which she talks about an analysis offered by Societe General's London based strategist James Montier. In the report Montier wrote,

"The opportunities are on the short, not the long side," Xydias went on to quote him further, "Perhaps it is time to join the dark side" (referring to short sellers).

I bring up the issue of shorting because it often can play an important role when examining "significant" management change at a company. To state the obvious, one should always examine management change from a variety of angles.