Motti Lichtenstein, CEO of the IDT Telecom subsidiary of IDT Corporation (IDT), departed on April 1 “to pursue other business opportunities” (press release here). If I were Mr. Lichtenstein, I’d be in no rush to find those opportunities, given the nice post-separation deal he and IDT have cooked up. (IDT has been a bit [...]

In its proxy filed Friday, General Dynamics (GD) assures us its executive perks are reasonable because they “benchmark” them against “generally accepted corporate practices.” But as Footnoted readers know, generally accepted corporate perk practices might be described as “anything goes.” Applying GD’s logic, I may start “benchmarking” my own behavior against whatever Britney Spears is [...]