Word: brokaw
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...sources charged, despite Brokaw'sdemonstrated inability to run the firm profitablyand his failure to control rising costs, Aeneasofficials failed to respond adequately. Thesituation at Avenue was spinning out of control,the source said, and neither Sperling nor Eisensonstepped in to do anything about...
...Sperling's apparent unwillingness to bringoutside expertise onto Avenue's board limited theboard's ability to properly oversee Brokaw'sactivities," another source charged...
Reached at Avenue's office in Los Angeles,Brokaw denied that the company was not surprisedclosely enough by its investors at Aeneas.Sperling and Aeneas partner Tim Palmer are activemembers of Avenue's four-person board ofdirectors, he said...
...Aeneas team's management style is'responsible but hands off," Brokaw said. "They donot exert significant day to day control in anyway," he added...
Avenue President Cary Brokaw confirmed thatSperling did not get his sister the job on ColdFeet. "Scott being her brother was one ofseveral reasons why she was interviewed...but itwas her qualities as an individual that caused herto get the position," Brokaw said...