Tuesday, March 13, 2012
Interview on Responsible Investor TV
My thanks to the folks at Responsible Investor for this very nice interview. RI is one of my trusted resources for corporate governance news so I'm happy to have had the chance to talk with them... March 13, 2012
Thursday, January 26, 2012
Are corporations the best model -- or just the best we have?
In a recent article, Seven ways to fix the system's flaws, Martin Wolf wrote, "The corporation is the best institution we know of for running large, complex and dynamic businesses." I agree it is the best option we have so far. That doesn't mean, however that we shouldn't make… January 26, 2012 | capitalism , capitalism , self-regulation
Thursday, January 26, 2012
Private Equity
Private equity is another Wall Street process by which a few people make an enormous amount of money at public cost. January 26, 2012 | government subsidies , Wall Street , Risk , pension guaranty , bailout
Friday, December 2, 2011
Judge Rakoff Rejects the SEC Deal with Citigroup
Truthdig named Judge Jed Rakoff "Truthdigger of the Week," and rightly so. Judge Rakoff performed a public service in rejecting the SEC's deal with Citigroup this week. These no-fault settlements are nothing but corporate power over government and regulation in its purest form. We hear the same excuses all… December 2, 2011 | Capture , Corporate Power , SEC
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
Thursday, November 17, 2011
National Debt and Government Capture
In this new video I address the U.S. national debt as a symptom of corporate power over government. Everywhere I look these days there is evidence of government capture: lobbying, the revolving door in Washington, the dismantling of employee pension plans ... As I said in my last post,… November 17, 2011 | Capture , accountability
Friday, October 21, 2011
Trustees Should Not Own Risky Stocks
"These are needlessly risky stocks and trustees should not own them." Bob Monks talks about GMI's Risk Report. October 21, 2011
Thursday, July 28, 2011
As we approach the 40th anniversary of the Powell Memo, Justice Powell would undoubtedly be very pleased with the recent DC Circuit Court decision on SEC proxy rules. It represents a very – generous-- view of Court’s authority in order to inhibit business regulation. Because when Powell spoke in his memo…
July 28, 2011
DC Court Opinion on SEC Proxy Rules
Wednesday, June 29, 2011
In thinking about director liability lately -- and it's a subject that never seems to go away -- I'm convinced that it's an underlying weakness in corporate governance. Can a director truly fulfill their required duty to shareholders if they are indemnified and insured against every action, word, deed…
June 29, 2011 | accountability
, directors
, fiduciary duty
, shareholder rights
, director liability
Director Liability is the Polite Lie at the Core of Corporate Governance
Thursday, May 12, 2011
In a moment of reflection, I have been thinking about the incident that woke me up to corporate governance. It's a story I've told but I was asked so I'll tell it again here. What is your "Aha" moment with respect to corporate governance or shareholder activism? I'm curious…
May 12, 2011
Corporate Governance "Aha" Moment
Thursday, April 14, 2011
Will the Federal Budget Affect Corporate Governance?
How will deep budget cuts at the federal level affect Corporate Governance? We put out the call for questions because we resumed video taping for the blog yesterday. Nell Minow post this question on my Facebook page. Send us yours... April 14, 2011
Friday, April 1, 2011