Proponents of one supplemental pay disclosure model hopes theirs wins out. Whether investors go along is another matter.
We can't help feeling as if we're stuck in a financial and economic version of the movie in which weatherman Bill Murray keeps living the same bad day over and over again because of his mistakes. But if the bad karma on display in that 1993 film provided amusing popular entertainment, the financial/economic rendition of Groundhog Day is preventing growth and stability in the real world.
Today's developments remind us that the devil's especially in the details when it comes to journalism. Just peruse the headlines and you'd think that corporate earnings couldn't be better, that Obamacare is freshly doomed, that Goldman Sachs did not lose $1.3 billion in currency trading in its most recent quarter, and that its back to business as usual with Iran. Well, not exactly.
BofA's CFO makes the most money in banking industry, according to an analysis of CFO pay released this week. But the study shows how difficult compensation comparisons are to make.
Getting managers to focus on the long term may take a lot more than "socially conscious" reporting requirements. Can cooperatives and other mutually owned entities make a real comeback?
An admission of culpability and on-going criminal investigation mean that JPMorgan Chase's $13 billion settlement isn't the end of its legal troubles over bad mortgage securities.
Nowhere is the financial world's obtuse insularity more strikingly in evidence than in its repeatedly mistaken prediction that interest rates are about to soar, which it has made for, oh, about five years now, or more or less since the end of the financial crisis. And that fact that its been made since the crisis ended says a lot about the problem.
A recent paper suggests that a modest increase in federal research and development could enable the Fed to bring down asset prices without tanking the economy. And though it's up to Congress to enact, R&D should be an easier sell than infrastructure.
Congress is considering cracking down on patent abuse, both by holders of business method patents and by so-called patent trolls. But what effect that will have on innovation is anyone's guess.
Slowly but surely, Monday morning's trickle of corporate press releases relating to providing relief after Typhoon Haiyan will increase to a steady flow, as corporations decide how best to react.