On Monday, the Wall Street Journal’s BossTalk featured a laudatory Q&A with Xerox Corp. CEO Anne Mulcahy, noting how she had turned around the company. Too bad that on the same day that the Q&A ran that the company reported bad first-quarter earnings that cut more than 5 percent off the company’s stock price, noted TheDeal.com Executive Editor Yvette Kantrow.
Later, Kantrow notes, “But maybe that’s not the function of the WSJ’s softball-lobbing Boss Talk. On Wednesday, the paper boasted a Q&A with Henry Paulson, CEO of Goldman Sachs Group and a big interview ‘get.’ That’s especially true these days, after Paulson’s remarks to Goldman bankers to be more ‘careful and thoughtful’ about their involvement in hostile takeovers touched off a slew of unflattering stories about the firm making unsolicited bids for its advisory clients, competing against them in auctions, and generally courting conflict. So the Q&A’s headline, ‘Goldman CEO Tackles Critics, Touchy Issues,’ as well as its illustration, which labeled Paulson ‘trader,’ ‘investor’ and ‘adviser,’ were all very provocative. It seemed Boss Talk was going to tackle the white-hot Goldman conflict issue head-on.
“Well, not exactly.”
Read more here.
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