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Sorry JF I don't know what your point is. Are you explaining to...

  1. 34,916 Posts.
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    Sorry JF I don't know what your point is. Are you explaining to me the difference between a CEO and a CFO?

    As for this:

    When mistakes are made or disasters happen within a company -- even if they are not the CEO's fault and even if he knew nothing about them -- he is ultimately responsible for them.

    Simply don't agree with this but it's nice theoretical waffle. Every situation needs to be evaluated on its merits. There are many bad things that happen within organisations everyday but I don't prescribe to this theory that the CEO takes the blame for every event. Certainly isn't my experience. Typically, an event will be evaluated, action taken, and preventtive measures devised to prevent it happening again. There's always a scapegoat but rarely unless very very serious will it be the CEO.
 
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