Since the passage of Dodd-Frank, in the summer of 2010,
there has been a constant drumbeat from representatives of the corporate
community, particularly the Business Roundtable and the U.S. Chamber of
Commerce, regarding the need for an increased level...
American corporations today are like the great European
monarchies of yore: They have the power to control the rules under which they
function and to direct the allocation of public resources. This is not a
prediction of what's to come; this is...
Baruch Lev is a world class thinker on accountancy and
corporate operational matters. I have long admired his work and am very
much taken with his new book. Writing
from the view of corporate management, he recognizes the legitimacy of
A great chart came out late last year showing retired members of Congress and their new jobs on K Street (lobbying and government affairs). The accompanying article, " Former members of Congress always welcome on K Street ," reports that one...
Failure of CG has led to capture
For the past thirty years I have focused my energies on
corporate governance and the legitimacy of corporate power. And by
legitimate, I mean that the people who exercise power for the corporations need
to be accountable...
In all of the noise about elections, OWS, flat tax,
approval ratings, etc., one voice really stood out for me in the last few days.
David Blood scrapped his prepared statement for a debate at St. Paul's
Cathedral in London and addressed what I...
I continue to be impressed with the Occupy Wall Street
protesters. They are a daily, hourly reminder of the dysfunctionality of
our political and economic system, and of the power appropriated by a small
group of people in this country. People say...