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hi welcome back in this session Id like to talk about Facebook the company has been in the news for the last couple of weeks for all the wrong reasons but rather than focus on its last earnings report which was a disappointment and thats an understatement I want to use the disappointments at Facebook as an entry point to talk about bigger issues in this particular post I want to focus on one of those big issues which is Corporate governance now corporate governance happens to be one of those things we forget about in the good times but we wake up to it in bad times so I want to talk about why corporate governance is now back in the news how I think its been misunderstood and what we need to think about in the context of corporate governance going forward so lets set the stage this year has not been a good year of attack and particularly so for big Tech fan cam stocks and weve been so used to seeing the beat expectations and go up hundreds of billions of dollars over the last few y