1. Facebook's Board Reveals 2 Major Flaws

    Chief Operating Officer Sheryl Sandberg was recently appointed the first female director on Facebook's (FB) board. Her appointment may assuage concerns about corporate governance at Facebook, but unfortunately it is of little consequence. Instead, Facebook must embrace leadership with experience successfully monetizing user groups. Investors should not pay current high valuations for a shift to a better revenue-generating regime that has yet to happen. Corporate Governance and Healthy Boards Boa

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