Why Amazon's Board Is Part of the Problem
Its directors, led by Jeff Bezos, are staying mum instead of offering solutions and shaking things up. Will shareholders demand action?
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By Stefani Eads
What, Jeff Bezos worry? As Amazon.com's (AMZN ) stock has sunk from $75 to $10 per share over the past year and losses and debts have soared into the billions, the smiling e-commerce maestro has remained largely unscathed. In fact, the charismatic Bezos continues to reassure investors and his board of directors that all's well that ends well.