The first of the stock-options trials is over, and Gregory Reyes, former CEO of Brocade Communications Systems, has been convicted of securities fraud in federal court.
I'm sorry for his family, but this verdict is good news for corporate governance, for the rule of law, and maybe even for truth-telling by corporate spinners.
The positive effect on PR would occur if people stop employing some of the insulting spin that Reyes' defenders offered for his actions - and that is part ...