The Boardroom’s Climate is Changing
October 21, 2009 by Gretchen Michals
More companies are designating specific committees for environmental issues to help inform the board of potential problems.
October 21, 2009 by Gretchen Michals
More companies are designating specific committees for environmental issues to help inform the board of potential problems.
Doing Good as Competitive Advantage
August 4, 2009 by Joseph McCafferty
Two leading advisors are advocating a similar message: “listen to the angel on your shoulder and your businesses will profit.”
August 4, 2009 by Joseph McCafferty
Two leading advisors are advocating a similar message: “listen to the angel on your shoulder and your businesses will profit.”
Economic Downturn Begets Fraud
January 8, 2009
When the economy takes a downturn, fraud increases, according to an online poll conducted by Deloitte Financial Advisory Services (FAS).
January 8, 2009
When the economy takes a downturn, fraud increases, according to an online poll conducted by Deloitte Financial Advisory Services (FAS).
Markets Down, Litigation is Way Up
January 6, 2009
Federal securities class action activity in 2008 was dominated by a wave of litigation against firms in the financial services sector.
January 6, 2009
Federal securities class action activity in 2008 was dominated by a wave of litigation against firms in the financial services sector.
Stimulus Program Could Lift U.S. Recession
January 6, 2009 by Joseph McCafferty
The United States economy could be the first to emerge from recession this year, writes a leading global economist, because it appears to be headed for a far more aggressive macroeconomic stimulus program than any other country.
January 6, 2009 by Joseph McCafferty
The United States economy could be the first to emerge from recession this year, writes a leading global economist, because it appears to be headed for a far more aggressive macroeconomic stimulus program than any other country.
Accountants Face Heat In Madoff Scam
December 22, 2008 by Joseph McCafferty
The accounting firms that oversaw many of the funds that invested billions of dollars with Bernard L. Madoff Investment Securities in what prosecutors now describe as the largest Ponzi scheme ever perpetrated are likely to be among the defendants.
December 22, 2008 by Joseph McCafferty
The accounting firms that oversaw many of the funds that invested billions of dollars with Bernard L. Madoff Investment Securities in what prosecutors now describe as the largest Ponzi scheme ever perpetrated are likely to be among the defendants.
AP Study Finds $1.6B Went to Bank Execs
December 22, 2008 by Joseph McCafferty
Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year.
December 22, 2008 by Joseph McCafferty
Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year.
In Euro Zone, Recession is Official
November 14, 2008 by Joseph McCafferty
A report released today by the official statistics agency of the European Union confirmed that the Euro Zone suffered its second consecutive drop in GDP over Q3, thus officially placing it in a recession.
November 14, 2008 by Joseph McCafferty
A report released today by the official statistics agency of the European Union confirmed that the Euro Zone suffered its second consecutive drop in GDP over Q3, thus officially placing it in a recession.
C-Suite Inflates Credentials on Resumes
November 13, 2008 by Joseph McCafferty
A survey of 358 senior executives and directors at 53 publicly traded companies had revealed at least seven instances of claims that individuals had academic degrees they don’t have. After further scrutiny, the mishaps may have not been intentional and could have been caused by misunderstandings.
November 13, 2008 by Joseph McCafferty
A survey of 358 senior executives and directors at 53 publicly traded companies had revealed at least seven instances of claims that individuals had academic degrees they don’t have. After further scrutiny, the mishaps may have not been intentional and could have been caused by misunderstandings.
Ex-CEO Convicted in Fraud Case
November 3, 2008 by Joseph McCafferty
The former chief executive of National Century Financial Enterprises was convicted Friday on 20 counts of fraud stemming from his oversight of a series of improper actions that took investors for $1.9 billion.
November 3, 2008 by Joseph McCafferty
The former chief executive of National Century Financial Enterprises was convicted Friday on 20 counts of fraud stemming from his oversight of a series of improper actions that took investors for $1.9 billion.
Pharma Awaits Court Ruling on Right to Sue
October 27, 2008 by Joseph McCafferty
In a closely watched case, the Supreme Court is expected to rule next week on a case that could determine a plaintiffs' right to sue.
October 27, 2008 by Joseph McCafferty
In a closely watched case, the Supreme Court is expected to rule next week on a case that could determine a plaintiffs' right to sue.
London is Top Finance Center
September 25, 2008 by Joseph McCafferty
London remains first among world financial centers but fallout from the credit crisis has tightened its lead over rival cities, particularly in Asia and the Middle East. New York remained in second place in a twice-yearly ranking while Singapore climbed past Hong Kong into third place.
September 25, 2008 by Joseph McCafferty
London remains first among world financial centers but fallout from the credit crisis has tightened its lead over rival cities, particularly in Asia and the Middle East. New York remained in second place in a twice-yearly ranking while Singapore climbed past Hong Kong into third place.
AIG Execs Agree to $115 Million Settlement
September 12, 2008 by Joseph McCafferty
After lengthy preliminary hearings and a litigation process that lasted six years, former AIG executives agreed to a settlement, just four days before the scheduled start of the trial on September 15.
September 12, 2008 by Joseph McCafferty
After lengthy preliminary hearings and a litigation process that lasted six years, former AIG executives agreed to a settlement, just four days before the scheduled start of the trial on September 15.
Settlement Reached in Apple Backdating Suit
September 11, 2008 by Joseph McCafferty
A settlement has been reached at Apple over a shareholder lawsuit that accused company executives and directors of authorizing or benefiting from improper stock options backdating.
September 11, 2008 by Joseph McCafferty
A settlement has been reached at Apple over a shareholder lawsuit that accused company executives and directors of authorizing or benefiting from improper stock options backdating.
Lawsuit Volume Hits Record High
September 11, 2008 by Joseph McCafferty
The number of securities-related civil suits filed in the last 18 months ending in June has exceeded the total number of suits filed in the aftermath of the savings and loan meltdown a decade ago.
September 11, 2008 by Joseph McCafferty
The number of securities-related civil suits filed in the last 18 months ending in June has exceeded the total number of suits filed in the aftermath of the savings and loan meltdown a decade ago.
The Skinny on Fairness Opinions
September 1, 2008 by Chris Ruggeri
Contrary to popular belief, fairness opinions are not required by law when companies are involved in deals. In fact, they are not really valuation opinions, or even a determination of the best price. Nor do fairness opinions serve as validation that a specific transaction is the best possible deal from the shareholders’ point of view.
September 1, 2008 by Chris Ruggeri
Contrary to popular belief, fairness opinions are not required by law when companies are involved in deals. In fact, they are not really valuation opinions, or even a determination of the best price. Nor do fairness opinions serve as validation that a specific transaction is the best possible deal from the shareholders’ point of view.
Investors Warm to Climate Action
August 21, 2008 by Joseph McCafferty
A coalition of investors and environmental groups yesterday said climate change-related shareholder resolutions filed in the U.S. this year had achieved "breakthrough" results, reflecting growing concerns over global warming.
August 21, 2008 by Joseph McCafferty
A coalition of investors and environmental groups yesterday said climate change-related shareholder resolutions filed in the U.S. this year had achieved "breakthrough" results, reflecting growing concerns over global warming.
CalPERS Keen on Infrastructure
August 19, 2008
pension fund,investment strategy,infrastructure,Russell Read,Chief Investment Officer,CalPERS,California Public Employees' Retirement System,State of California,aging population,CalPERS board,Rob Feckner,CalPERS president,management
August 19, 2008
pension fund,investment strategy,infrastructure,Russell Read,Chief Investment Officer,CalPERS,California Public Employees' Retirement System,State of California,aging population,CalPERS board,Rob Feckner,CalPERS president,management
CalPERS: SWFs Need Greater Transparancy
August 12, 2008
The argument over whether sovereign wealth funds should be subject to disclosure rules heated up at a pension fund forum yesterday where a CalPERS executive called for greater transparancy.
August 12, 2008
The argument over whether sovereign wealth funds should be subject to disclosure rules heated up at a pension fund forum yesterday where a CalPERS executive called for greater transparancy.
Quattrone Wants Research Reform
August 12, 2008 by Joseph McCafferty
Frank Quattrone, the Silicon Valley banker, says the financial industry "should petition to remove the Spitzer initiatives because ultimately they hurt the competitiveness of our country by denying small companies access to research analysts."
August 12, 2008 by Joseph McCafferty
Frank Quattrone, the Silicon Valley banker, says the financial industry "should petition to remove the Spitzer initiatives because ultimately they hurt the competitiveness of our country by denying small companies access to research analysts."