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Commentary & Opinion

December 15, 2008
Down to the 'needy greedy'

Source: Morman Times

Capitol Hill's most recent grilling of auto company executives has just multiplied questions about how those who earn multimillion salaries and bonuses can so quickly find themselves stacked up, hat-in-hand, at Washington's...

December 15, 2008
TIAA-CREF Continues Action on Socially Responsible Investing and Corporate Governance

Source: TIAA-CREFF

Since the Annual Meeting of participants in the College Retirement Equities Fund (CREF) last July, TIAA-CREF has continued to promote social responsibility and sound governing practices at companies in which it invests.

December 12, 2008
Why 2 of the "Big Three" CEOs Should Go

Source: The Motley Fool

On Tuesday, former Chrysler CEO Lee Iacocca issued a statement that the sitting auto CEOs "are the only ones with the experience and the in-depth knowledge and understanding of how the car business really works. They're by far...

December 11, 2008
Sustainability, Any Way You Want It

Source: Huffington Post

Sustainability is partly about the environment, and wholly about the way we choose to live. It is a new way of referring to a very old thing: a trendy way of repurposing lessons handed down to us from the scriptures--or at least...

December 11, 2008
CEOs and Market Woes: Is Poor Corporate Governance to Blame?

Source: Knowledge@Wharton, University of Pennsylvania

From Wall Street to Detroit, chief executives are losing their bonuses, agreeing to work for a dollar a year and in many cases losing their jobs. Congress is invading the executive suite, demanding veto power over management...

December 11, 2008
Bailout or Bankruptcy: What Will It Take to Get the U.S. Auto Industry Back on Track?

Source: Knowledge@Wharton, University of Pennsylvania

A government plan to rescue the U.S. automobile industry with $14 billion in emergency loans to General Motors and Chrysler was approved by the House of Representatives late on December 10, but the proposal continued to face...

December 10, 2008
Where were the directors?

Source: Globe and Mail Update - CA

We are in the midst of a tectonic-plate movement in the financial world that is shaking the ‘real' world quite dramatically. My purpose here is not to review the causes and potential consequences of our current situation, but to...

December 9, 2008
Holding CEOs Accountable

Source: The Wall Street Journal

The failure of the General Motors board of directors to fire CEO Richard Wagoner provides a rare glimpse into the inner-workings of big-time corporate boards of directors. The sight is not pretty

December 7, 2008
The Reckoning

Source: Gretchen Morgenson, New York Times

“These errors make us look either incompetent at credit analysis or like we sold our soul to the devil for revenue, or a little bit of both.” — A Moody’s managing director responding anonymously to an internal management survey,...

December 6, 2008
Darkness and Light at GE Capital

Source: Gretchen Morgenson, New York Times

GENERAL ELECTRIC’S shareholders have taken quite a pummeling lately, largely because of uncertainty at the GE Capital Corporation, the enormous and often impenetrable financial services unit that has generated more than half the...

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