Panel to Examine California Pension/Healthcare Obligations California Governor Arnold Schwarzenegger signed an executive order creating a bipartisan commission to advise him on changes needed to address public pension obligations, particularly rising health care costs. Their recommendations are due in 2008. Labor groups and their Democratic allies in the Legislature immediately cautioned Schwarzenegger to not overreach […]
Archive | December, 2006
Ending The Wall Street Walk: Why Corporate Governance Now?
James McRitchie, 12/07/2006 ,
What would you do if the company in which you’ve invested your hard earned dollars throws it away on fat retirement benefits to outside members of its board of directors? One individual investor, Richard Ayers, conducted a proxy battle this year with Nevada Power Company over the issue. Although he won more than 30% of the […]