Today on TAP: The Times reckons with American capitalism
corporate governance
Posted inTAP
CEOs: Stakeholders, Shmakeholders
Today on TAP: The Business Roundtable’s broken promise
Posted inCoronavirus
The $5.3 Trillion Question Behind America’s COVID-19 Failure
That’s the amount of buybacks U.S. corporations funneled to shareholders during the past decade—rather than invest in technologies for the common good.
Posted inMoney, Politics, and Power
Goldman Sachs’s Shell Game
The mega-bank has created 61 different off-balance-sheet corporations with help from companies based in the Cayman Islands. That looks in no way shady!
Posted inMoney, Politics, and Power
Big CEOs Persuade the SEC to Tame Shareholder Activism
The Business Roundtable’s vow to be kinder corporate actors was a fig leaf for building fortresses around management decision making.
Posted inEconomic Policy
When the Watchers’ Watchers Look the Other Way
The board charged with overseeing the firms that audit corporations has become a cushy landing place for Republican politicos averse to enforcing its rules.
