September 17, 2008

Allegiance's SilentWhistle Drives Ethics Reporting For Yamaha Motor Corporation USA; SilentWhistle To Reinforce Yamaha's Commitment To Ethics With Confidential, Two-way Employee Communications Channel

By: Business Wire

Allegiance, Inc., a premier provider of Enterprise Feedback Management (EFM) solutions, today announced that Yamaha Motor Corporation USA has selected Allegiance SilentWhistle as its ethics reporting system. The Web-based and...

September 17, 2008

FTC’s ‘Operation False Cures’ Targets Peddlers of Bogus Cancer Remedies

By: Federal Trade Commision

Commission Launches Public Education Campaign.In cooperation with law enforcement and regulatory agencies in the United States and Canada, the Federal Trade Commission will hold a press conference to announce deceptive...

September 16, 2008

Lehman Failure Tests Limits Of U.S. Bailouts; "Moral Hazard' Seen As Driving Force Behind Credit System's Excesses

By: Investor's Business Daily
TERRY JONES

"Moral hazard," a once-obscure bit of economics jargon, today can be heard everywhere. And no wonder. This year's financial mess is a textbook case of the perils of moral hazard in global markets.

Bailing out companies can help...

September 15, 2008

Economic Slump: Ethics Loom Large

By: Christian Science Monitor
David R. Francis

It used to be that post-World War II recessions in the United States were the bad part of plain vanilla business cycles - inventories had piled up too high as a result of too few sales, or the Federal Reserve raised interest...

September 11, 2008

Grant & Eisenhofer, Lawyers For Teachers' Retirement System Of Louisiana, Announce $115 Million Settlement In Derivative Shareholder Suit Against Former AIG Executives; Recovery On Eve Of Trial Is Largest Ever In A Derivative Litigation In Delaware Chancery Court; Case Stems From Alleged Five-year Record Of Self-dealing Transactions Between AIG And C.V. Starr Subsidiary;; Settlement Includes $29.5 Million Contribution From Four Former AIG Executives, Including Former Chairman And CEO Maurice "Hank" Greenberg, As Well As AIG's Former CFO, CIO And Vice Chairman Of Insurance; TRSL Represented By Grant & Eisenhofer

By: PR Newswire

WILMINGTON, Del., Sept. 11 /PRNewswire/ -- After six years of litigation with trial scheduled to start September 15, leading shareholder and corporate governance law firm Grant & Eisenhofer announced that it has reached a $115...

September 11, 2008

Faith-Based Early Warning System For Investors: 'Prophetic' Religious Groups Sounded Subprime Loan Alarm 15 Years Ago; 12 Years Before General Recognition Of Spreading Mortgage Foreclosure Crisis, Faith-Based Investors Flagged Concerns; 3 New Emerging Issu

By: PR Newswire

NEW YORK, Sept. 10 /PRNewswire-USNewswire/ -- A full dozen years before some Wall Street experts and regulators reluctantly started to accept the possibility in 2005 of an impending subprime mortgage debacle in the U.S.,...

September 11, 2008

INSPECTOR'S REPORTS REVEAL GOVERNMENT TIES TO OIL INDUSTRY

By: US Fed News
US Fed News

The office of Sen. Bill Nelson, D-Fla., issued the following news release:

The federal office that oversees offshore drilling is plagued by sordid ties to the oil industry, U.S. Sen. Bill Nelson charged today, based on a...

September 11, 2008

Rio Dumping Calls Ethics Into Question

By: The Australian Financial Review
Jo Clarke

ABSTRACTNorway's sovereign wealth fund has sold its Stg500 million stake in Rio Tinto, due to ethical concerns. The fund managers allege that Rio Tinto failed to improve operations at the Grasberg mine in Papua New Guinea,...

September 11, 2008

2 CONGRESSMEN KEEPING TAINTED CASH

By: States News Service
States News Service

The following information was released by Oklahoma Senator Tom Coburn:

Rep. Jim Moran (D-Va.) is refusing to divest himself of thousands of dollars he received from a California billionaire who has pleaded guilty in a massive...

September 9, 2008

IMSA Leader Speaks On Why Ethics Matter At NAIFA Convention

By: Market Wire

Today, Timothy F. Kneeland, President of Life Investors Insurance Company of America, an AEGON company, addressed the membership of the National Association of Insurance and Financial Advisors (NAIFA) at its annual convention...