Category Archives: Corporate governance

New Suit Seeks Clawback of >$4 Billion of Fines and Insider Trading Profits from TD Bank Executives Earned While Running Decade+ Massive Money Laundering Schemes

TD Bank engaged in over a decade of criminal misconduct. A new suit seeks to make its board and executives pay.

How Shareholder Activism Became Toxic—and How to Fix It

How shareholder activism, which once helped check self-serving managements, has become the province of hedge fund extortionists.

Warren Bill Would Stop Companies From Placing Shareholder Paydays Over Worker Rights

Warren revives a bill intended to put shareholder obligations in their proper place: at the bottom.

Police State Implications of “The Adjuster’s” Assassination of UnitedHealth’s CEO [with UPDATE]

How the organs of state security might react to the assassination of Unitedhealth’s CEO.

A New Age of Presidential Unilaterism?

A historical look at Presidential power grabs, um, authority expansion, with an eye to what that means under Trump 2.0.

Greenwashing Case Against Santos Could Set Global Precedent

Investor, attorney general, and activist lawsuits seek to curb cynical do-nothing and delaying climate action tactics like greenwashing.

Wolf Richter: Boeing Launches $22 Billion Share Offering to Get Breathing Room, Dodge Junk Credit Rating, after Having Wasted $64 Billion on Share Buybacks

With the equity raise as outlined today, the company will have some limited financial breathing room, and will likely avert a near-term down grade to junk, so one day at a time.

Another Nobel for Anglocentric Neoliberal Institutional Economics

New institutional economics won another “Nobel prize”, claiming that good institutions and governance ensure growth, equity & democracy.

How Corporate Vehicles Conceal Crime and Chicanery

Financial vehicles designed to conceal wealth and questionable activity fuel corruption and crime while allowing perps evade accountability

The Fight to Hold Executives and Boards Accountable Continues in Barclays and Bayer Appeals

An update on two cases, one against Barclays, the other Bayer executives and directors, which seek accountability in New York courts.

Elon Musk and Tesla Shape America’s Future. But Problems Run Deeper Than Tweets.

The financialization of U.S. firms making key products endangers American global leadership and, in Tesla’s case, climate change progress.

The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant

A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.