24/7 Wall St. CEOs Who Need to be Fired: Nine for 2010

Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should be let go by their boards. All the CEOs are on this list for simple reasons. The first is that many have presided over ethical or legal lapses. This is certainly an issue at Goldman Sachs GS, Dell DELL, and Moody’s MCO. It is easy for observers to say that the chief executive of a large firm cannot be responsible for every action of every employee. But when the trouble is repeated and widespread, it is senior management that must be blamed for refusing to set a strong moral tone. To read the rest, head over to 247WallStreet.com