By Jeff McCord of The Investor Advocate Impending SEC Recommendation on Anti-Investor Supreme Court Decision a Bellwether on Regulator’s View of “Public Interest” In one of its filings prior to U.S. Judge Jed Rakoff’s celebrated November 28th refusal to rubber stamp an SEC-Citicorp deal allowing the bank – a “recidivist offender” — to escape significant […]

By Jeffrey R. McCord of The Investor Advocate SHAREOWNERS OF THE WORLD UNITE! “Occupy” Annual Meetings and Court Rooms The spectacular fall and bankruptcy of Jon Corzine’s MF Global Holdings within clear sight of mostly inactive regulators reminds us that “the system is still far too vulnerable and the work of regulatory reform far from […]

The cause of that “small tax bill”: Immelt said a small tax bill for 2010 was due to more than $30 billion in losses related to GE’s financial services business during the financial crisis. In 2009, GE Capital’s losses were so large that it company overall lost money on its U.S. operations. GE’s federal taxes, […]

Floyd Norris discovers a mathematical impossibility: Asked to rank, on a scale of one (excellent) to five (poor), the ability of their board’s compensation committee to “effectively manage C.E.O. compensation, 83 percent of the directors chose one or two, and only 4 percent picked four or five. But asked, “In general, do you believe U.S. […]

One of the memes used to justify corporate actions is ‘things are done to increase shareholder value’. We all know ‘value’ can be interpreted in different ways, oft times after the fact of actions since shareholder participation has rather cumbersome mechanisms for participation. Maybe a new way will emerge to aid greater participation of more […]

Down here it’s just winners and losersAnd don’t get caught on the wrong side of that line This will be a long post. Even with all the pictures above the fold. It started with a finger exercise during my daughter’s swim team practice: Just in case you thought I was picking on The Big C […]