Category: Opinions & Insights

New Zealand Goes for $250 Million Fraud

It sounds like a dose of Olympic fever. With big fraud arrests in Japan, Singapore and China, perhaps it was the competitive spirit that got New Zealand’s top fraud cop boasting about upcoming scores. Adam Feeley said there is a…

American CEOs Laughing at French CEOs

Recently inaugurated Socialist President Francois Hollande has been executive pay should not exceed 20 times the salary of the lowest-ranking employees for companies owned or partially owned by the government according to new rules. Now “France’s finance minister has declared…

Rebellion Over British CEO Greed

Investors in the U.K. are up in arms about the excesses they perceive public company executives are indulging in. Described as a “shareholder rebellion” by the Wall Street Journal, a succession of companies are seeing their pay plans voted down…

Dodd-Frank Moderating CEO Pay

A study by the consulting firm Hay Group about the pay rate of CEOs says income more closely matches performance than in recent years. In conjunction with The Wall Street Journal which ran major stories on the cover of today’s edition and elsewhere,…

“No Bonus” Shocks World

This week former FBI director Louis Freeh told Congress about progress being made in his effort to untangle the MF Global Holdings bankruptcy, famously known for the now-reported $1.6 billion in accidentally misplaced funds. He told skeptical Senate Banking Committee…

Investors To Vote on Wall Street Paydays

Cuts in the paydays of large banks’ chief executives are expected to come up for shareholder votes throughout the year. This follows drops this year in which banking stock shares were often in the tank compared to the broader stock…

Big Earners Define Their Own Tax Rate

Jan. 8, 2012 – The story begins by describing Todd Dagres as “a prominent venture capitalist and independent movie producer, (who) earned $3.5 million in 2003 and paid not a cent in federal income tax.” In fact, during the five…