Free Republic

Under pressure from the Hill, the Securities and Exchange Commission is pushing the adoption of the so-called "Katie Couric" clause. The SEC wants publicly traded companies to give shareholders more information about multimillion-dollar salaries of their executives and employees. The name comes from the "Today Show” co-host, who is leaving NBC at the end of May to join CBS as anchor and managing editor of the to be retitled "CBS Evening News With Katie Couric. " It’s been widely reported that Couric is to receive $15 million over five years. The SEC proposal – primarily aimed at requiring the disclosure...

Regulations demanding that at least 40 percent of a Norwegian company's board members must be women may be stopped by European authorities. The European Free Trade Association (EFTA) watchdog group ESA (EFTA Surveillance Authority) is now starting a formal investigation of the Norwegian regulations, newspaper Nationen reports. Norwegian authorities have threatened firms with fines if they do not meet the 40 percent women mark in their corporate boards. "We have not decided if the law is in order or not but we have asked for more information in order to investigate if the law is in accord with EEA (European...

My wife works for a corporation where one of the board members emailed "everyone all locations" (many offices across the US) about the upcomming election. He indicated that he "hesitated" to share his reccomendation with everyone, but many people have asked him which candidate would be more helpful to the company. He endorsed Kerry and asked everyone to vote. Is this legal, ethical or just tacky?