Editor, Corporate Library
Editor at the Corporate Library, an online library of resources on corporate governance; co-author of three books on corporate governance
PROFILE
Nell Minow
Guest
FROM Nell Minow
To the Point
Judge Stuns Wall Street, Tosses Out SEC Pact with BofA Executives at Merrill Lynch got $3.6 billion in bonuses just as their firm was about to be merged with Bank of America, but neither company told shareholders before they approved the deal. The Securities and Exchange Commission settled the case for $33 million.
To the Point
Public Outraged at Wall Street Excess With layoffs reaching massive proportions and the government spending billions to bail out financial institutions, Wall Street bankers gave themselves nearly $20 billion in bonuses. Private jets and expensive interiors are not things of the past. President Obama responded today by calling such bonuses “ the height of irresponsibility .”
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The Mixer
The march toward a teachers strike sounds familiar Higher salaries, larger class sizes, more counselors, librarians and nurses. Those are just some of the demands that members of United Teachers, Los Angeles - the union that represents teachers' at LAUSD - are asking for.
To the Point
National Security: An Adult in the Room America’s mainstream media are obsessed with President Trump’s off-hand policymaking in military and foreign affairs. But his mistakes don’t justify the unquestioned authority given the Pentagon, the CIA and the FBI. William Arkin is quitting NBC News with a scathing assessment. He says the national security state has created a condition of “perpetual war” without making America safer--and that the media are failing to report it. L ater on our Climate Change Update segment: how the government shutdown is hurting American science.