• Welcome to The Corporate Insider

    Welcome to The Corporate Insider, a website for workers, consumers, shareholders, academics and members of the press. This site is the internet's resource center for all who are impacted by corporate conduct.

    Recent history has demonstrated that wrongful conduct by corporate insiders can have a devastating impact on corporate stakeholders and observers. From securities fraud which adversely impacts the value of stock to short cuts in the manufacturing process that result in defective products being injected into the marketplace, corporate conduct can be devastating. Yet, it is not so much the conduct of the corporation itself that can be problematic as much as it is the conduct of the corporate insiders who, often times guided by their own self-interest, abuse their corporate mandate to the detriment of stakeholders. In addition to shareholders and consumers, workers lose out when basic wage and hour, benefit, and job safety laws are skirted. Insider wrongdoing has eroded the integrity of many publicly traded corporations, and layoffs and plant closings have caused rising unemployment and the destruction of local economies.

    Why do corporate insiders skirt the law and their obligations to stakeholders? One answer is that misguided executive compensation plans often reward insiders for short term corporate performance as measured by the value of the stock. If not paying workers overtime pay or cutting corners on product safety means profits in the short term, executives who want to see larger year-end bonuses will take the short cuts. While executive compensation plans should be written to properly incentivize insiders, stakeholders can have a real impact by knowing the laws that regulate corporations and taking action to enforce them. These laws range from securities laws to consumer and labor laws. With this in mind, this site has been developed with the intent of providing an overview of the laws that regulate corporate conduct.

and another thing . . .

Transparency in the Gulf
By Reuben Guttman

Ken Feinberg, who has been tasked to administer British Petroleum's $20 billion cleanup fund, may be one of the nation's great problem solvers, and by all accounts he is a decent guy. He took on the task of administering a 9/11 Victims Compensation Fund and he served as "Pay Czar," overseeing the salaries of Wall Street...
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Latest Stats

  • Consumer Price Index
    Unemployment Rate
    Payroll Employment
    Avg. Hourly Earning
    Producer Price index
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    Productivity
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    Unemploy. Initial Claims
    UI Claims 4-Week Avg.
    Federal Min. Wage

    -0.1%
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    -125,000
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    429,000
    455,250
    $7.25

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Citigroup to Pay $75 Million Fine for Misleading Investors
Washington, D.C., July 29, 2010 — The Securities and Exchange Commission today charged Citigroup Inc. with misleading investors about the company's exposure to subprime mortgage-related assets. The SEC also charged one current and one former executive for their roles in causing Citigroup to make the misleading statements in an SEC filing.
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Dell Pays $100 Million to Resolve SEC Accounting Fraud Charges

Washington, D.C., July 22, 2010 — The Securities and Exchange Commission today charged Dell Inc. with failing to disclose material information to investors and using fraudulent accounting to make it falsely appear that the company was consistently meeting Wall Street earnings targets and reducing its operating expenses.

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Two NY Accountants Charged With Conducting Ponzi Scheme Against Clients

Washington, D.C., July 22, 2010 — The Securities and Exchange Commission today charged two certified public accountants with fraud and is seeking an emergency court order to freeze their assets after they sold phony securities to investors and then stole the money for personal use.

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