[OPE] Capital as power redux

America's governance reform must not be ducked
By Anne Simpson
FT May 25 2009

The winds of change that brought President Barack Obama into office will soon blow through US boardrooms. Unfortunately, executives are not welcoming this as a breath of fresh air but see it rather as a dangerous intrusion into their affairs. Storm clouds are gathering at the US Business Roundtable, while the US Chamber of Commerce and Republican commissioners on the Securities and Exchange Commission are straining to hold back corporate governance reforms that will tip the balance of power away from managers to owners - the shareholders. (...) http://www.ft.com/cms/s/0/44947c4a-495a-11de-9e19-00144feabdc0.html

We find strange ways of showing
them how much we really care
when in fact
we just don't seem to care at all
This pretty world
is getting out of hand
So tell me how we fail to understand?

It's all 'bout the money
It's all 'bout the dum dum.......
And I don't think It's funny
to see us fade away
It's all 'bout the money
It's all 'bout the dum dum...
and I think we got it all wrong anyway
Anyway

- Meja, "All about the money"

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Received on Tue May 26 12:46:35 2009