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News & UpdatesNovember 12, 2008 GROUPS: AUTO INDUSTRY SHOULD BE REQUIRED TO DROP VEHICLE EMISSIONS LITIGATION AGAINST STATES IN EXCHANGE FOR ANY ADDITIONAL BAILOUTBy: TheClean.org 40MPG.org and TheCLEAN.org Also Urge that Any New Funds Be “Precisely Targeted” to Hybrids, Clean Diesels and Other High MPG Vehicles.
November 12, 2008 Performance not always key factor in executive compensationBy: The Ottawa Citizen Excessive executive compensation is the issue that just won't die. Like a brush fire, it smoulders along quietly for a few years, then flares into periodic firestorms of outrage, recrimination and demands for reform. Prior to the... November 12, 2008 ICGN Sharpens Focus on Governance Ahead of G-20 GatheringBy: Risk Metrics The International Corporate Governance Network is calling on key global leaders to consider strengthened governance practices and greater shareholder rights as a means of helping to address the credit crisis. In a Nov. 10... November 12, 2008 EU Imposes Hefty Fine on Car Glass MakersBy: The Wall Street Journal The European Commission said Wednesday it fined car glass producers a total of €1.38 billion ($1.73 billion) because of a market sharing cartel. This is "the largest fine ever imposed in Europe," Competition Commissioner Neelie... November 12, 2008 Obama team pledges opennessBy: Chicago Sun Times President-elect Barack Obama's transition co-chairman John Podesta pledged Tuesday "to make this the most open and transparent transition in history." Meanwhile, let's see if the Obama team provides more than the legal minimum... November 12, 2008 GM Judged Too Big to Fail as Pelosi Embraces Rescue  By: Bloomberg.com House Speaker Nancy Pelosi has thrown her support behind the premise that General Motors Corp., the largest U.S. automaker, is too big to be allowed to fail. In urging Congress to enact emergency aid for the ailing auto industry,... November 11, 2008 Bonuses for Wall Street Should Go to Zero, U.S. Taxpayers Say By: Bloomberg U.S. taxpayers, who feel they own a stake in Wall Street after funding a $700 billion bailout for the industry, don't want executives' bonuses reduced. They want them eliminated. November 11, 2008 Lawyer pleads guilty in Broadcom options caseBy: Associated Press An attorney who worked for indicted Broadcom Corp. co-founder Henry T. Nicholas III has pleaded guilty to evading a banking law and will cooperate with the federal government in a sweeping stock options backdating probe involving... November 11, 2008 More Than $1 Billion Recovered by Justice Department in Fraud and False Claims in Fiscal Year 2008 -- More Than $21 Billion Recovered Since 1986By: U.S. Justice Department WASHINGTON – The United States secured $1.34 billion in settlements and judgments in the fiscal year ending Sept. 30, 2008, pursuing allegations of fraud against the federal government, the Justice Department announced today.... November 10, 2008 U.S. firms should expect more scrutiny under Obama By: Reuters Businesses should expect more scrutiny of their books, moves to expand health insurance, an end to no-bid Pentagon contracting and a host of other changes when President-elect Barack Obama takes office.
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