1. Find recent news covering issue(s) related to failing corporate governance mechanism(s) at a specific company (WSJ, Bloomberg, Forbes would be the recommended sources to search) and

a) briefly explain the nature of the issue (what happened, why and what are the implications to the shareholders and other stakeholders in the company).

b) your proposed solution to this issue. What can be done in the future to avoid similar problems?

2. In general, what would you recommend to improve corporate governance in the US in general? More regulation from the government or let the markets fix it (via shareholder activism, proper compensation models etc.)?