THE D100 BOARDROOM LEADERS FOR 2009
October 14, 2009 by Directorship Editors
President Barack Obama and his team top our third-annual list of the Directorship 100, the most influential people in the boardroom and corporate governance community.
October 14, 2009 by Directorship Editors
President Barack Obama and his team top our third-annual list of the Directorship 100, the most influential people in the boardroom and corporate governance community.
DuPont’s Holliday Joins BofA’s Board
September 21, 2009
Charles Holliday, chairman of DuPont, is expected to join Bank of America's board.
September 21, 2009
Charles Holliday, chairman of DuPont, is expected to join Bank of America's board.
Cuomo Subpoenas Five BofA Directors
September 17, 2009
Cuomo has issued subpoenas for five of the fifteen directors that served on the BofA board at the time of the Merrill merger.
September 17, 2009
Cuomo has issued subpoenas for five of the fifteen directors that served on the BofA board at the time of the Merrill merger.
Dell to Pay New York $4M for Misleading Ads
September 16, 2009
The settlement follows a decision that backed Cuomo’s claims against Dell.
September 16, 2009
The settlement follows a decision that backed Cuomo’s claims against Dell.
Court Rejects SEC’s BoA Settlement
September 15, 2009
Judge Jed Rakoff said the agreement – to settle allegations that BofA made misleading statements to shareholders – was a “contrivance designed to provide the SEC with the facade of enforcement".
September 15, 2009
Judge Jed Rakoff said the agreement – to settle allegations that BofA made misleading statements to shareholders – was a “contrivance designed to provide the SEC with the facade of enforcement".
Cuomo Scrutinizes BofA’s Firing of GC
September 9, 2009
New York’s Attorney General Andrew Cuomo and other federal investigators are examining why the bank’s executives did not tell shareholders about billions of dollars worth of bonuses as well as huge losses at Merrill Lynch before the deal.
September 9, 2009
New York’s Attorney General Andrew Cuomo and other federal investigators are examining why the bank’s executives did not tell shareholders about billions of dollars worth of bonuses as well as huge losses at Merrill Lynch before the deal.
Cuomo Says BofA Must Reveal Counsel Advice
September 8, 2009
New York's attorney general has demanded that Bank of America understand that it cannot withhold private the details of the advice given by its counsel prior to the BofA-Merrill Lynch merger.
September 8, 2009
New York's attorney general has demanded that Bank of America understand that it cannot withhold private the details of the advice given by its counsel prior to the BofA-Merrill Lynch merger.
Cuomo To File Lawsuit Against Schwab for Client Losses from ‘Toxic’ Securities
August 17, 2009
The company has blamed its clients' losses on large Wall Street underwriters of the auction-rate securities.
August 17, 2009
The company has blamed its clients' losses on large Wall Street underwriters of the auction-rate securities.
BofA and SEC Defend $33M Agreement
August 10, 2009
Bank of America and the Securities and Exchange Commission prepare to defend over $33 million in executive pay bonuses paid out to Merrill Lynch executives.
August 10, 2009
Bank of America and the Securities and Exchange Commission prepare to defend over $33 million in executive pay bonuses paid out to Merrill Lynch executives.
Cuomo Cleans Up Carlyle’s ‘Pay-to-Play’
May 29, 2009 by Joseph McCafferty
May 29, 2009 by Joseph McCafferty
Carlyle Group’s settlement with New York Attorney General Andrew Cuomo will curb “pay-to-play” campaign contributions to elected officials who sit on public fund boards, reports Global Proxy Watch.
Carlyle Reaches Pension Fund Deal
May 15, 2009 by Joseph McCafferty
Private equity firm Carlyle has reached a deal with the New York attorney general to change how the firm conducts its business with public pension funds, in a decision that will likely change the industry as a whole.
May 15, 2009 by Joseph McCafferty
Private equity firm Carlyle has reached a deal with the New York attorney general to change how the firm conducts its business with public pension funds, in a decision that will likely change the industry as a whole.
Cuomo Issues Subpoenas to Pension Firms
May 4, 2009
Attorney General Andrew M. Cuomo issued more than 100 new subpoenas to investment firms and intermediaries who brokered deals with public pension funds.
May 4, 2009
Attorney General Andrew M. Cuomo issued more than 100 new subpoenas to investment firms and intermediaries who brokered deals with public pension funds.
Cuomo Broadens Probe Into NY Pensions
May 1, 2009 by Joseph McCafferty
The New York attorney general brought a new criminal charge in its investigation into an alleged “ongoing scam” or kickback scheme for investments from New York state’s pension fund.
May 1, 2009 by Joseph McCafferty
The New York attorney general brought a new criminal charge in its investigation into an alleged “ongoing scam” or kickback scheme for investments from New York state’s pension fund.
Cuomo Wants BofA-Merrill Deal Investigation
April 24, 2009 by Joseph McCafferty
New York attorney general Andrew Cuomo wants regulators to take a look at the roles played by the Treasury and Federal Reserve in pushing the merger between Bank of America and Merrill Lynch last year.
April 24, 2009 by Joseph McCafferty
New York attorney general Andrew Cuomo wants regulators to take a look at the roles played by the Treasury and Federal Reserve in pushing the merger between Bank of America and Merrill Lynch last year.
SEC Mulls New Rules for Municipals
April 23, 2009 by Joseph McCafferty
The Securities and Exchange Commission is examining potential new rules for the municipal-securities market.
April 23, 2009 by Joseph McCafferty
The Securities and Exchange Commission is examining potential new rules for the municipal-securities market.
Cuomo Sets His Sights on Pension Advisors
April 16, 2009 by Joseph McCafferty
The New York Attorney General office’s investigation into an alleged pension pay-to-play scheme is setting its sights on 20 investment firms and whether they violated securities laws in pay fees for access to the New York state pension fund.
April 16, 2009 by Joseph McCafferty
The New York Attorney General office’s investigation into an alleged pension pay-to-play scheme is setting its sights on 20 investment firms and whether they violated securities laws in pay fees for access to the New York state pension fund.
Cuomo, Frank Team Up on Comp
March 13, 2009 by Joseph McCafferty
New York State Attorney General Andrew Cuomo is in discussions with Rep. Barney Frank and other lawmakers on a plan to tie Wall Street pay to the long-term performance of the firms.
March 13, 2009 by Joseph McCafferty
New York State Attorney General Andrew Cuomo is in discussions with Rep. Barney Frank and other lawmakers on a plan to tie Wall Street pay to the long-term performance of the firms.
Merrill’s Letter to Congress ‘Misleading’
March 12, 2009 by Joseph McCafferty
Testimony from a Merrill director filed by New York Attorney General Andrew Cuomo states that the firm’s November 24 letter, in which the company told the head of the House committee that “incentive compensation decisions for 2008 have not yet been made,” was misleading.
March 12, 2009 by Joseph McCafferty
Testimony from a Merrill director filed by New York Attorney General Andrew Cuomo states that the firm’s November 24 letter, in which the company told the head of the House committee that “incentive compensation decisions for 2008 have not yet been made,” was misleading.
Were Merrill Bonuses Linked to Markdowns?
March 11, 2009 by Joseph McCafferty
New York prosecutors are questioning whether the early payment of bonuses at Merrill Lynch last year gave the bank’s traders an incentive to mark downt he value of their trading positions at the end of December.
March 11, 2009 by Joseph McCafferty
New York prosecutors are questioning whether the early payment of bonuses at Merrill Lynch last year gave the bank’s traders an incentive to mark downt he value of their trading positions at the end of December.