What are we to take from this, from a governance and accountability perspective? First, the directors who received less than 60 percent should all be replaced.
All smart entrepreneurs know to seek legal council prior to signing off on a term sheet. However, even those who do understand the terms, tend to visualize a profitable exit,
Ever since the economy took a nosedive in 2008, I have watched with total amazement as presidents, Congress, economists and the mainstream media have totally and completely ignored the single most important factor in the U.S. economy: Small businesses create virtually 100 percent of the net new jobs in America.
We are sitting idly, watching, and suffering, as our nation disintegrates into a run-down backwater. At the same time, over 20 million people are in need of full-time work. Yet instead of grabbing this opportunity to rebuild the country, Washington is focused on cutting budgets.
Without a willingness to face uncertainty, it is difficult to create well-capitalized companies. This apparently contradicts the view that we are a country of entrepreneurs. We are a creative people, but we are not willing to risk what we have in order to achieve goals.
Government will make decisions which could positively impact how we use our smartphones to communicate, conduct business, get directions, ect. These key decisions could determine what kind of choices we'll have for mobile connections -- and what they will cost.
The Food Chain Workers Alliance has a goal of nothing less than full rights and fair wages for the 20 million workers who grow, harvest, process, pack, ship, cook, serve, and sell food in the US.
As individuals, charities, businesses and government, we all have a role to play in getting more food to people in need. Together, we can solve hunger and ensure our parents and grandparents have enough to eat.
It shouldn't be a surprise to anyone that "casino capitalism" is one of the very worst and lowest expressions of the human spirit. In human civilization, we have achieved some of the most extraordinary acts of love, art and heroism for millennia.
We cannot lose sight of the reason for compliance and the "spirit" in which it exists. But we need to recognize that we need a new way to maintain the regulatory spirit and discard those ideas that are no longer relevant in a world of Facebook, Twitter, LinkedIn, blogging, social media, posts, 'likes', endorsements, comments and opinions, all of which appear in real-time.
JPMorgan Chase is a perfect example of modern corporate leadership in its native habitat: at the center of a complicated matrix of human desires which it manipulates to suit its own ends. And you and I are allowing it to continue.
The economic news is mixed, and corporate profits are so-so. Housing is mixed, and so are reports of consumer spending. So why is the stock market soaring to new highs on a regular basis?
"Society" is a creation of the minds of those who inhabit it; it always has been and always will be. Thus, we have always been and will always be empowered to change society for the better.
Over the last decade Australia has generally economically outperformed other OECD nations while maintaining a reasonable -- though debatable -- fiscal and monetary stance. But great success can breed even greater complacency, and this is the unfortunate case for Australia.
Yesterday, homeowners who have been royally screwed over by big Wall Street banks risked not only arrest but worse in demonstrations at the Department of Justice demanding that they start prosecuting bankers rather than the people ripped off by them.
If softliners and hardliners within the Myanmar military see confidence in its democracy roadmap, provided that there is continued support from the international community, Thein Sein's visit to Washington can possibly pave the way for amending the 2008 constitution.