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23 Sep 2011, 7:50 am
Here’s a snip from yesterday’s filing: “On September 22, 2011, the Board of Directors of Lockheed Martin Corporation,… decided to discontinue the practice of providing elected officers with tax assistance (i.e., tax gross-ups), effective January 1, 2012, for personal use of corporate aircraft and taxable business association dues. [read post]
23 Sep 2011, 5:08 am
I wouldn't necessarily bank on that happening again. [read post]
22 Sep 2011, 7:58 pm
Former OCC and OTS regulator Terry Stroud also points out that many community bank directors have never seen distressed times like these nor "experienced the regulatory scrutiny going on in the current environment. [read post]
22 Sep 2011, 2:19 pm
Black's tenure as a litigation director for the Federal Home Loan Bank Board, he was responsible for working on the investigations into the Savings & Loan scandal that resulted in the convictions of people like Charles Keating. [read post]
22 Sep 2011, 4:25 am
Director, Ministry of the Environment. [read post]
21 Sep 2011, 8:26 am
The Sarbanes-Oxley Act of 2002 requires companies and boards of directors to obey financial regulations meant to avoid corporate collapses such as Enron and WorldCom. [read post]
20 Sep 2011, 9:00 pm
The independent public accountant must be registered with, and subject to regular inspection as of the commencement of the professional engagement period, and as of each calendar year-end, by, the Public Company Accounting Oversight Board in accordance with its rules. 7. [read post]
20 Sep 2011, 8:54 pm
They were signed by each member of the board ofdirectors at each of the banks, and each servicer was directed to establish a compliancecommittee including at least three of its directors, each of whom is accountable to the OCC andthe Fed for the oversight and implementation of the corrective actions required by our orders. [read post]
20 Sep 2011, 7:47 pm
Below are the causes and symptoms of the illness- and maybe even the treatment: Management and the board of directors say, “If we can just hang on until we get rid of our problem assets, we’ll be fine”. [read post]
20 Sep 2011, 8:16 am
I’d expect that Netflix has several skilled executives and outside brand and PR consultants, as well as lawyers, who counsel management and the board of directors. [read post]
19 Sep 2011, 6:17 am
He served on the board of directors of AT&T, Tenneco, Campbell Soup, the Southwest Foundation for Biomedical Research, and several Texas banks. [read post]
19 Sep 2011, 1:30 am
Among this litigation were several shareholder derivative suits filed against certain directors and officers of BP and of its U.S. subsidiary. [read post]
19 Sep 2011, 1:15 am
” The complaint further alleges that through out the period 2005 through the bank’s failure, state and federal regulators “repeatedly warned” the bank’s management and board “about the risks associated with its high concentrations in speculative loans and weaknesses in lending functions,” yet the bank’s board “permitted and approved” the bank’s continued lending practices. [read post]
16 Sep 2011, 5:17 pm
Silverton was owned by investor banks, and its board was comprised entirely of experienced community bankers. [read post]
16 Sep 2011, 4:59 pm
The data available on the latest number of professional liability lawsuits authorized by the FDIC Board of Directors and the total monetary value of these claims have been updated on: http://www.fdic.gov/bank/individual/failed/pls/index.html This information is updated monthly following board meetings. [read post]
16 Sep 2011, 1:40 am
Over the last twenty years, most if not all of the principal insurers that offer directors and officers liability insurance to banks have also provided Civil Money Penalties coverage for bank officers and directors as long as the bank is performing well and have no current regulatory concerns. [read post]
14 Sep 2011, 12:08 pm
Rost was a Vice President, Marketing and Managing Director for Wyeth, responsible for the Nordic region in Europe.Dr. [read post]
14 Sep 2011, 12:08 pm
Rost was a Vice President, Marketing and Managing Director for Wyeth, responsible for the Nordic region in Europe.Dr. [read post]
14 Sep 2011, 12:07 pm
Rost was a Vice President, Marketing and Managing Director for Wyeth, responsible for the Nordic region in Europe.Dr. [read post]
14 Sep 2011, 12:07 pm
Rost was a Vice President, Marketing and Managing Director for Wyeth, responsible for the Nordic region in Europe.Dr. [read post]
