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Twitter Shareholders Set to Vote on Whether to Convert Company Into co-Op
Read Full ArticleTwitter shareholders will vote on a proposal to turn the beleaguered social media juggernaut into a user-owned company. In Twitter’s proxy statement, which publicly held companies are required to file to the U ...
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The Scandalous Truth About CEO Severance: Philippe Dauman, Viacom, and the Corporate Trend of Rewarding Major Failure with Major Payouts
Read Full ArticlePhilippe Dauman’s ouster as president, CEO and chairman of media giant Viacom couldn’t have come sooner for investors who have watched the media company fail to keep up with the times. Amid a nasty battle for control over the empire that geriatric media mogul Sumner Redstone built, Dauman emerged as a potent symbol of poor corporate governance ...
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Robert Reich: American CEO Pay is Completely out of Control
Read Full ArticleThe Securities and Exchange Commission approved a rule last week requiring that large publicly held corporations disclose the ratios of the pay of their top CEOs to the pay of their median workers. About time. For the last thirty years almost all incentives operating on American corporations have resulted in lower pay for average workers and higher pay for CEOs and other top executives...
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Why is the Financial Industry So Afraid of This Man?
Read Full ArticleJoseph Stiglitz has won a Nobel Prize for economics. So why has he apparently been blacklisted by regulators?
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America’s Recurring Nightmare: Big Banks Are Still Too Big to Fail
Read Full ArticleA frightening new government report reveals just how vulnerable we remain in the wake of the Great Recession...
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Robert Reich: How to curb skyrocketing CEO salaries
Read Full ArticleThe former secretary of labor on the controversial California legislation that could fix our flagging economy...
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Disgraced Wall Street CEOs are living large
Read Full ArticleThey wrecked havoc on the world financial system. Now they're living in luxurious exile...
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Wall Street’s greatest enemy: The man who knows too much
Read Full ArticleWhat Michael Winston knows about corporate crimes will horrify you. That's why financial giants want to destroy him...
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