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Shareholders unhappy with exec pay levelThe Australian Shareholders Association (ASA) says there needs to be closer scrutiny of outgoing executive benefits after Qantas Airways Ltd and Boral Ltd revealed hefty payments for their departing chief executives.
100 million dollar bonus to Citigroup exec contractually owed: Your taxes will pay for itIn a few weeks, the Treasury Department's czar of executive pay will have to answer this $100 million question: Should Andrew J. Hall get his bonus?
SEC accuses 6 people of buying Neff stocks with insider tradingThe SEC has brought suit against 6 individuals alleging insider trading of Neff Corp. securities prior to an April 7, 2005 announcement of acquisition, in violation of Section 10(b) of the Exchange Act.
Will Indian industry engage Bharat?Indian entrepreneurs are capable and talented — the best in the world — and have emerged from the pains of competition and globalisation with confidence and competence. They are the envy of most countries and are the pride of India.
Obama Blames 'Failure of Leadership' for Auto CrisisObama criticized restructuring plans submitted by both GM and Chrysler because "neither goes far enough to warrant the substantial new investments that these companies are requesting." Instead, the administration is asking the auto companies to resubmit restructuring plans to …
Why We Need Criminal InvestigationsNow one can take the position that Grayson is merely trying to score points, but I don't see it that way. Instead, he is trying to make a response to a basic and unanswered question:
Infosys hires Ma Foi to help underperformersInfosys remains the favorite of Vishwa Bharat's Sub-Committee on Corporate Governance. One more reason why. Gautam Vyas Member- Vishwa Bharat Sub-Committee on Corporate Governance
US judge allows Madoff to stay out of jail Accused swindler Bernard Madoff will be allowed to stay in his Manhattan apartment under house arrest, a US judge has ruled, rejecting a government request to throw him in jail.
Hank Paulson and His Wall Street Cronies Move to Plan BPaulson and his wheeler-dealer pals have proven more interested in preserving their own wealth than in stabilizing the American economy.
The Mother of all rip-offsHank Paulson has got to be kidding. He wants American taxpayers to hand a cool $US700 billion ($840 billion) to his pals on Wall Street in return for a gigantic bundle of their delinquent assets ... without his pals taking a pay cut.
Ladbrokes boss bans British Airways in fit of infantile pique.Ladbrokes chief Chris Bell has had a personal spat with British Airways (haven't we all).
Norway law requires women on corporate boardsNew law in Norway requires companies to fill 40 percent of their directors' position with women. Norway already has the highest ratio of female directors. Should Norway's law be emulated or avoided by other countries?
Banks Gone Wild "What were they smoking?" asks the cover of the current issue of Fortune magazine. Underneath the headline are photos of recently deposed Wall Street titans, captioned with the staggering sums they managed to lose.
Chevron's Human Rights Problems Span Three ContinentsSan Francisco (Oct. 8) – Repression in Burma, an environmental disaster in Ecuador's rainforest, and a federal judge's decision last month to force Chevron to stand trial in the U.S.
Why Mergers FailMergers and acquisitions, M & A, business development, strategic development, corporate development, there are lots of names for the business of acquiring companies. They all sound important, even exciting.
'Faith-based investing' and total economic collapseIn looking at the various instances of bad economic news over the last few days, I've been struck once again by how the supposedly rational, logical, God-forbid-we-regulate-it-because-it-works-fine-on-its-own free market is driven by the very human fears, frailties, and stupiditi …
Breeding for Christ, conservatism and consumerismAn interesting piece came across my desk the other day that paints a chilling picture of how strong the religious right's death grip is on American culture and politics...
Presidential candidates raise big cash fast — but from whom? And why?A magician who seeks to retain the illusion for the audience uses sleight of hand and misdirection.
When titans clash: Google vs. AT&T for America's Internet futureThe FCC recently announced plans to auction off portions of the wireless spectrum in order to raise money for the government.
The "war on wealth" is a class war and you're on the wrong sideI was listening to the talking heads on CNBC yammer on about the usual, and I heard one classify the recent moves in Congress to tax private equity fund managers' fees as income as "a war on wealth." If you think I'm kidding, watch this video (the exact news clip I saw) and judge …
People, planet and profits: the complexities of corporate governance"If you speed you run the risk of a traffic fine. If you murder or steal you can go to jail. But you don't have someone sitting next to you conferring with you before you make every decision. The same goes for companies. Make sure they disclose what they do.
Monsanto tells pack of lies in South AfricaMark Wells, an organic farmer from Cintsa on the Wild Coast, South Africa, challenged the claim of a Monsanto advert that no negative reactions to Genetically Modified food have been reported.
Latest News from the Institute of Directors (IoD)Business information and advice for company directors.
At Home Depot, How Green Is That Chainsaw? An electric chainsaw? Green, because it was not gas-powered. A bug zapper? Ditto, because it was not a poisonous spray.
The Chinese plot against capitalismCHINA'S secret plan to bring down capitalism, especially in America, has become a little less secret in the past week or so. One clue came with a brave piece of whistle-blowing; a second when China started deploying its huge arsenal of capital.
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