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February 6, 2010 Fraudulent Activity Has Increased

Source:The Institute of Internal Auditors

ALTAMONTE SPRINGS, Fla. — Fraudulent acts by employees and outsiders alike have risen since the onset of the 2008–2009 economic recession, and internal auditors predict that these criminal activities will continue unabated...[more]

February 6, 2010 Healthcare Still Tops the List of Most Important Issues

Source:Business Wire

When asked to say, without being prompted or shown a list, what “are the two most important issues for government to address,” more people (45%) mention healthcare than any other issue. However, many more people, in total,...[more]

February 6, 2010 The End of Switzerland

Source:NewsWeek

In the third man, Orson Welles famously mocks Switzerland by saying, "Five hundred years of democracy and peace, and what did that produce? The cuckoo clock." This was never quite true. While 20th-century Switzerland often...

February 6, 2010 Goldman Chief’s Bonus Seen by Some as Show of Restraint

Source:New York Times

Once again, a bonus at Goldman Sachs has all of Wall Street talking — only this time, over how small it is.

February 5, 2010 US effort will check for risky food, drug imports

Source:Reuters

U.S. border inspectors nationwide will soon start using a new computer system to identify risky food and medicine from abroad, the head of the U.S. Food and Drug Administration said on Thursday. The project follows recalls of...

February 5, 2010 Nationwide Survey Finds: Americans See Environment as Alternative Fuel Source for Economic Growth

Source:BusinessWire

Americans are hopeful that the environment will help rescue the struggling economy, according to the results of the third-annual survey on environmental investing released here by Allianz Global Investors, a leader in the global...[more]

February 5, 2010 Dodd Assails Bankers’ Opposition to Financial Proposals

Source:New York Times

The chairman of the Senate Banking Committee told Wall Street representatives on Thursday that the financial services industry had sent “an army of lobbyists whose only mission is to kill the common-sense financial reforms”...

February 4, 2010 Ken Lewis, Bank of America Sued by Cuomo for Fraud

Source:BusinessWeek

Former Bank of America Corp. Chief Executive Officer Kenneth Lewis was sued by New York Attorney General Andrew Cuomo for defrauding investors and the government when buying Merrill Lynch & Co. The bank agreed to pay $150 million...

February 4, 2010 Reining in Executive Compensation and the Supreme Court

Source:Dave Colavito, The Huffington Post

Of all the factors responsible for the 2009 financial melt-down, you'd be hard pressed to find one more destabilizing than executive compensation, a model for those high-flying Wall Street executives piloting companies whose...

February 4, 2010 Social Investing Gathers Momentum

Source:BusinessWeek

Despite evidence that nearly two-thirds of 160 socially responsible mutual funds offered by member companies of the Social Investment Forum outperformed their benchmark indexes and beat the Standard & Poor's 500-stock index in...

February 4, 2010 Swine Flu: Lots of Hype or Did the Hype Save Us?

Source:Healthcare POV - Blog

With the peak of flu season behind us, as swine flu cases drop and, as a result, European countries cancel millions of swine-flu vaccine orders, the World Health Organization (WHO) is facing tough allegations of "faking" a...

February 4, 2010 A New Clean Economy — With Old Sources of Energy

Source:Time

Since his election, President Barack Obama has emphasized the importance of developing new sources of energy and cultivating the jobs that will come with them. "I am convinced that whoever builds a clean energy economy, whoever...

February 3, 2010 The Greening of CFOs: Any Leading Examples?

Source:Triple Pundit

On January 27, 2010 the ground moved underneath our CFOs when the Securities and Exchange Commission (SEC) instructed publicly held companies to “…consider the effects of global warming and efforts to curb climate change when...

February 3, 2010 Obama Says Senate May Drop Cap and Trade, Pass Energy-Only Bill

Source:New York Times

President Obama acknowledged yesterday that the Senate may pass an energy bill this year without the cap-and-trade component he has long put at the center of his environmental agenda.

February 3, 2010 Rethinking business ethics

Source:MoneyWeb.com

DAVOS - Bright sunshine makes a ski resort like Davos come alive. People spend more time walking and appreciating the beauty of the surroundings between sessions which induces a different atmosphere and energy. You don't have the...

February 3, 2010 Volcker urges Senators to adopt Obama's rules on banking

Source:Washington Post

Former Federal Reserve chairman Paul Volcker urged a Senate panel Tuesday to adopt new rules that would limit the investment activities of large banks as part of an overhaul of financial regulations, but lawmakers said the...

February 3, 2010 Treasury Secretary Geithner Testimony before Senate Finance Committee on 2011 Budget

Source:US Treasury

The U.S. economy is still in the midst of one of the most challenging periods in our nation's history. We have pulled back from the brink of financial collapse and a historic recession. The overall economy grew at an annual rate...[more]

February 2, 2010 Climate Accord Suggests Global Will

Source:Time

When President Obama hammered out an agreement with leaders of China, India, Brazil and South Africa in the waning hours of the U.N.'s climate-change summit in Copenhagen in December, they saved the long-running global-warming...

February 2, 2010 Volcker Rule unabridged

Source:David Weidner, MarketWatch

Not since Lady Gaga was slated to appear at the Grammys has there been this much anticipation about a performance. With Paul Volcker expected to visit Capitol Hill on Tuesday, Wall Street will get its first detailed glimpse into...

February 2, 2010 Davos Is Done; Bankers Are Stung

Source:Forbes

Davos is done for another year. Last year, in the depths of the financial crisis, many bankers stayed away. This year they might have wished they'd never come back. Banker-bashing, and particular big-bank banker-bashing, was the...

February 2, 2010 10 To-Do’s For Board Audit Committees in 2010

Source:Directors & Boards

“Corporate audit committee members know they have a sizeable task in 2010 as they confront high shareholder expectations, new regulations and legislative reform, and a tenuous economic recovery,” states Mary Pat McCarthy,...

February 1, 2010 Most Environmentally and Socially Controversial Companies of 2009

Source:RepRisk

Companies on the list have been severely criticized by the world’s media, governmental organizations and NGOs for issues including human rights abuses, severe environmental violations, impacts on local communities, corruption and...[more]

February 1, 2010 Bankers, regulators talk, no concrete result

Source:Reuters

Bankers and policymakers reached some common ground on Saturday after months of recrimination over the financial crisis, but some expressed frustration that bank reforms were moving too slowly.

February 1, 2010 China Leading Global Race to Make Clean Energy

Source:New York Times

TIANJIN, China — China vaulted past competitors in Denmark, Germany, Spain and the United States last year to become the world’s largest maker of wind turbines, and is poised to expand even further this year.

February 1, 2010 Big emitters supporting Copenhagen Accord

Source:Moneycontrol.com

Big greenhouse gas emitters have restated their promises to fight climate change, meeting a Sunday deadline in a low-key endorsement of December's "Copenhagen Accord".

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