financial crisis

Thursday, November 17, 2011

What is Government Capture?

As I have moved my attention to corporate power and government capture I was asked to explain what I mean by "capture."  Daniel Kaufmann has discussed been talking about it for some time and I encourage you to look at his blog.  Google searches will lead to all kinds… November 17, 2011 | CEO Pay , Capture , accountability , financial crisis

Friday, September 30, 2011

After ICGN: What Happens Now

I think the whole experience of delivering highly publicized speeches (my recent ICGN speech is here) to an entire constituency gives you the opportunity to ask a self-answering question. And the real question is, what is anybody going to do? What’s going to be different? Is anything going to be different?   … September 30, 2011 | Supreme Court , Corporate Power , institutional investors , capitalism , financial crisis

Friday, July 1, 2011

Looking at Too Big to Fail

It's interesting to see all of this data in a visual form. The chart is from creditloan.com is huge -- but very effective, I think.  Be sure to read their entire post called, "Too Big to Fail: Inside America's Economic Downfall."  July 1, 2011 | Dodd-Frank , Wall Street , financial crisis , Financial Reform

Wednesday, April 20, 2011

Trustee failure and the financial crisis

There is widespread agreement in the US, the UK[1] and the European Union that the failure of shareholders – a majority of whom are trustees – to adequately monitor and to protest the management of portfolio companies (especially in the financial sphere) was a major cause of losses suffered… April 20, 2011 | trustees , fiduciary duty , financial crisis , responsible ownership

Monday, April 18, 2011

Bretton Woods Revisited, April 2011

Earlier this month I attended Bretton Woods Revisited, a conference hosted by the Insitute for New Economic Thinking (INET).  Subtitled Crisis and Renewal: International Political Economy at the Crossroads, the conference featured fascinating speakers from all over the world.  They've set up a conference blog that is full of… April 18, 2011 | corporate social responsibility , corporate governance , capitalism , financial crisis , regulation

Monday, April 18, 2011

Goldman's Tin Ear?

Apparently, the questions raised with Goldman Sachs in the Hearings a year ago before the Financial Crisis Investigations Committee and Senator Levin's sub committee will persist. Was Goldman "tin eared", a little less than candid or did they deliberately misrepresent facts? Both Levin's committee and the newly published Money… April 18, 2011 | accountability , Financial Crisis Inquiry Commission , financial crisis , fiduciary duty , self-regulation , Corporate Power

Monday, March 7, 2011

A Response to the FCIC Final Report- Part II

Response to FCIC Final Report: Part II Management Risk & Negligence There were many losers in this crisis, but there was a consistent, if small, class of winners:  the principal executives of the major financial institutions -- both those that survived and those that did not -- all walked… March 7, 2011 | Financial Crisis Inquiry Commission , financial crisis , Wall Street , bailout , fiduciary duty , accountability

Tuesday, February 22, 2011

A Response to the FCIC Final Report

Response to FCIC Final Report: Part I   Many people have commented on the Financial Crisis Inquiry Report released in January. After following the Commission’s progress and reading much of the press on it, I also offer my thoughts and I present two main for discussion:   the financial crisis… February 22, 2011 | Financial Crisis Inquiry Commission , financial crisis , corporate governance , Business