Why There's Nothing Else To Write About

Have you noticed for the last week I haven't written about anything other than skydiving? That's how much it has occupied my mind. That's all I can think of! And here is a very interesting observation: girls are more likely to say they will come with me than guys. Props to the braver gender! Next week I will be going with a mystery guest. It's gonna be fun fun fun 'til daddy takes the T-Bird away! (good ol' beach boys)

In other news, it's 9am on this beautiful Tuesday morning and the Dow is down a point, the NASDAQ is down 8, and Google shares are down 5% at $103.91. Actually, let's get into that a bit more. Maryland-based ISS gave Google a 0.2 percent "corporate governance quotient", meaning it outperformed none of the companies in the S&P 500 Index. The company cited 21 problems with Google's practices, including the fact that fewer than two-thirds of the company's directors are considered independent outsiders. The company also noted that the Google board can increase or decrease its size without shareholder approval and that shareholders need a super-majority to approve certain mergers.

The analysis by ISS was not all bad, however. The company praised Google in 17 areas, including the fact that it has a board committee dedicated to corporate-governance issues. Google also got praise for electing its full board annually and allowing shareholders to call special meetings.

I'm not sure what my stance is on this issue. Mosty likely, it doesn't really matter. Google is a unique company, and it has big dreams. One big issue I see with the company, however, is that they are WAY too cocky. Arrogance leads to ignorance, and ignorance leads to failure. Let's see if becoming instanst billionaries clouds the judgement of Google executives Sergey Brin, Larry Page, and Eric Schmidt.