In short, the piece not only blames Ebersman for the the troubled IPO, it also rips the CFOfor not being outfront with the Street on current conditions at the company.
He is an alumnus of audit firm Moore Stephens Lovelace LLP, formerly Lovelace Roby, which had only three public company clients in 1995 when De Armas left for his first CFO job at a company called Action Products.
Not only did she have a direct phone line to CEO Dick Fuld for many years before becoming CFO, she also rocked pink Prada outfits on the trading floor.
Even at many major corporations, the person who is responsible for the pension is also the CFO or has other significant corporate duties and only spends 10% of his time on pension matters.