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News & UpdatesDecember 17, 2008 Chrysler Idles Plants for a Month; GM Halts Volt Engine FactorySource: Bloomberg.com Chrysler LLC, awaiting a federal rescue as its cash dwindles, will shut all 30 of its plants for at least a month starting Dec. 19 as unsold cars and trucks pile up at showrooms. Production won’t resume until Jan. 19 at the... December 17, 2008 Treasury denies executive pay rules are toothless![]() Source: Reuters A top Treasury official denied on Tuesday that the limits on executive compensation included in the government's financial rescue plan were too weak to have any effect.
December 17, 2008 SEC chief admits failure to act on Madoff warnings![]() Source: MarketWatch Christopher Cox, the chairman of the Securities and Exchange Commission, admitted late Tuesday that the regulator had failed to act on warnings about the activities of Bernard Madoff stretching back nearly a decade. December 17, 2008 Improving Sustainability: A New Tool to Increase Corporate Transparency (Now More Important Than Ever)Source: ASSET4 AG Zug, Switzerland– ASSET4 AG, the leading provider of environmental, social and corporate governance (ESG) information, has announced that it has just released its assetmasterExecutive™ solution, which enables corporate... December 17, 2008 Aligning Mission and Investment Pays Off for Foundations -New Resource Center offers proven strategies and tools for foundations at www.moreformission.orgSource: Mission Campaign CHESTNUT HILL, Mass. - A group of leading foundations is putting into high gear a campaign challenging their peers to dramatically increase their investments in community development, environmental sustainability and other... December 16, 2008 US court rules against Altria on light cigarettesSource: Reuters Tobacco firms can be sued under state law for deceptive advertising of "light" cigarettes, the U.S. Supreme Court ruled on Monday in a decision that could affect some 40 suits around the country seeking billions of dollars.
December 16, 2008 Banking failures raise corporate governance awarenessSource: Professional Adviser Failures in the banking system have raised consumer awareness of corporate governance issues and will lead to investors asking considerably more in-depth questions of advisers in future, according to Co-operative Asset Management... December 16, 2008 White House assures automakers help is on the way![]() Source: Associated Prress Detroit automakers, teetering on the brink of collapse, are receiving strong signals from the White House that short-term help is on the way while a key senator says the relief package could reach $15 billion for GM and... December 16, 2008 SEC Charges Siemens AG for Engaging in Worldwide BriberySource: Securities and Exchange Commission Washington, D.C.— The Securities and Exchange Commission has announced an unprecedented settlement with Siemens AG to resolve SEC charges that the Munich, Germany-based manufacturer of industrial and consumer products violated... December 15, 2008 WH Plan for Detroit Still in GarageSource: ABC News The White House is not expected to wrap up a bailout for Detroit's Big Three automakers by Monday, leaving stocks open to a yet another potential selloff and the clock ticking down to what automakers say could soon become an... [What would you find useful here?]
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