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Blaming CEOs for Financial Firm Failures?

August 13, 2012
[ by Melanie Gretchen ] E*Trade's ousting of CEO Steven Freiberg raised a lot of questions and presented a lot of options for the future, namely how much should the CEO be held accountable.  CNBC's Amanda Drury spoke to Jay Brown, SEC Investory Advisory Committee Member and Corporate Governance Professor at the University of Denver Sturm College of Law, and Yale School of Management's Jeffrey Sonnenfeld, about Mr. Freiberg's plight and the role of CEOs throughout the financial industry. CI Note: Unfortunately for Mr. Freiberg, he may not have another opportunity in the near future to experience the evolving role. For the full video, go to [CNBC, 8/12/12].