Seeking profits is what drives private business. But there have to be moral and ethical rules to contain this powerful motive. When a narrow group of people and their anonymous backers in the financial investment community treat employees and the wider public in a way that raises questions they put the whole Private Equity business model under a cloud. After all, the business operates under rules set by legislation and these rules can and should be altered when the model produces one-sided results. (12-March-2017)
The SEC’s decision to withdraw from its role as Rule 14a-8 referee has
generated bipartisan howls from leading participants in the shareholder
proposal ind...
1 day ago
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