Archive for the ‘Uncategorized’ Category

A GOP Regulatory Game Changer

January 27, 2017

Legal experts say that Congress can overrule Obama regulations going back to 2009.

bn-rv070_pw0127_jv_20170126181434Todd Gaziano on Wednesday stepped into a meeting of free-market attorneys, think tankers and Republican congressional staff to unveil a big idea. By the time he stepped out, he had reset Washington’s regulatory battle lines. (more…)

Rousseff wins first battle against impeachment

December 17, 2015

The Supreme Federal Court (STF) ended Thursday — with a positive outcome for the government — the review on the rules for the opening of potential impeachment proceedings against President Dilma Rousseff.

As one of the main points of the ruling, the majority of ministers invalidated, for two reasons, the special committee of the Chamber of Deputies formed to analyze the impeachment request: they did not accept the alternative group created and approved by the opposition, with the support of government dissidents, and also because the election of its members was made in a closed vote. The members of a new committee must be appointed by party leaders and chosen in an open vote. (more…)

Santander’s Capital Move

November 23, 2011

Spanish Bank Puts Stake in Chilean Business on Block, Raising Investor Concerns

LONDON—Banco Santander SA is preparing to sell a nearly 8% stake in its Chilean business, the latest in a string of moves in which the Spanish bank is raising concerns among investors.


Source: Santander, WSJ reporting


Reuters       A Santander bank branch in Rio de Janeiro (more…)

The Pay Problem

April 27, 2010

Harvard Magazine May/2010

Concerns about the compensation of chief executive officers and other top executives of American public companies have reached fever pitch since the financial crisis and the economic meltdown of 2009. Some observers blame the recent recession in part on the flawed compensation arrangements for the top management of major financial institutions. Nor are such concerns new. For almost 20 years, a growing chorus of voices—including some shareholders, the business media, policymakers, and academics—have been criticizing the way top managers are paid. The criticisms focus particularly on CEOs not only because they are the highest paid, but also because their compensation sets the pattern for executives beneath them. [read more]