Friday, September 25, 2009

A123 Board Conflicts

A123 (AONE) came out of the blocks and wowed the market. Well it got a lot of press attention. Trying to understand the company I took a quick look at the board of directors and found this director of interest; Mark M. Little Ph. D. Senior Vice President and Director Global Research General Electric Company. (GE) Given GE’s size and a new IPO’s constant need for capital it will be interesting to watch how the deals to share research and benefits are made. Let A123 make the mistakes and then GE comes in on the right deal. The corporate governance issues are enormous.