U.S. shareholders of News Corp are not happy at all over the Murdoch empires handling of the phone hacking scandal. Shareholders called it “inconceivable” that directors were not aware sooner of the questionable news practices that led to the closure of the News of the World tabloid, given that news of the hackings first surfaced […]
The Brits still think we are being too tough on BP: The crisis engulfing BP has plumbed new depths as President Obama bullied the company into depositing £13.5billion into a fund to settle compensation claims for the calamitous Gulf of Mexico oil spill. Bullied? Sorry, but BP has been doing the bullying by giving victims […]
If I were a shareholder of a corporation and heard news that the corporation paid a CEO $14 million to be fired (this is what the Gap just did), my stock would instantly be sold. Sadly this is something we hear about more and more. Luckily we have a Democratically controlled Congress, and one Representative […]