BP, ConocoPhillips and Caterpillar Quit Cap-and-Trade Lobby Group; PepsiCo...
Although they never should have been a part of it in the first place, three major companies have exited the U.S. Climate Action Partnership (USCAP), a coalition of corporations and environmental...
View ArticleSEC Rules Wal-Mart Cannot Exclude NLPC Shareholder Proposal on ObamaCare, Cap...
The Securities and Exchange Commission (SEC) will not allow Wal-Mart to exclude from consideration an NLPC-sponsored shareholder proposal asking for a report on the company’s lobbying priorities....
View ArticleWill Goldman Sachs Now End the Sanctimony?
With the SEC now charging Goldman Sachs with a billion dollar fraud, I hope CEO Lloyd Blankfein and his colleagues will end the sanctimony and indignation that has characterized their response to...
View ArticleReport: SEC Ignored Stanford Ponzi for Eight Years
The U.S. Securities and Exchange Commission suspected that the Texas-based Stanford Financial Group was a massive Ponzi scheme eight years before it took any action to shut the company down, according...
View ArticleSEC Must Ban Auto Czar Steven Rattner From Securities Industry
The Securities and Exchange Commission (SEC) is reportedly considering a ban on former auto czar Steven Rattner from working in the securities industry for up to three years. Even if he gets the three...
View ArticleGoldman Sachs Got Off Easy
Goldman got to keep 100% of what it really wanted, namely the ability to cling to its claim that if did nothing wrong. It did acknowledge a “mistake” for not telling CDO buyers that hedge fund...
View ArticleIs Obama Responsible for McCrudden's Threats?
The FBI's reported arrest of money manager Vincent McCrudden for allegedly making threats to kill members of the Securities and Exchange Commission (SEC) and other government officials prompts the...
View ArticleWill SEC's 'Say on Pay' Rule Do Any Good?
As someone who has sponsored "Say on Pay" shareholder proposals with companies like Boeing and Procter & Gamble, I wonder whether SEC-mandated votes on executive compensation will do any good. In...
View ArticleSEC Cracking Down on LightSquared's Falcone?
Billionaire Phil Falcone, whose cozy relationship with the Obama Administration was first exposed by NLPC, may face civil fraud charges by the Securities and Exchange Commission (SEC). According to a...
View ArticleThe Proposal Goldman Sachs Didn't Want Shareholders to See
The Securities and Exchange Commission recently notified us that it will allow Goldman Sachs to exclude our shareholder proposal that asks for a report on the company's lobbying priorities. The basis...
View ArticleSEC Nominee Mary Jo White Protected Corrupt Union Bosses in Teamsters...
Mary Jo White is a poor choice to head the SEC. As a U.S. attorney, she demonstrated a lack of political independence and competence.In the late 90's prosecution of the Teamsters money landering...
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