PomTalk
This is a blawg for pension funds, hedge funds and other institutional investors that provides timely commentary and analysis of developments in the fields of corporate governance, executive compensation, securities regulation and related areas.
Author: This blawg is presented by Pomerantz Haudek Block Grossman & Gross. Josh Silverman is of counsel; Jason S. Cowart, Fei-Lu Quan, Jim Hodgson, Carolyn Moskowitz and Susan Weiswasser are assoicates.
Blawg Related Categories: Corporate Law • Corporate Compliance • Securities Law • Associate
Recent Posts from PomTalk
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Wall Street Back to Its Old Ways
As there are some small signs of recovery in the financial crisis, the large Wall Street financial firms are beginning to get back to their normal practice of dishing out huge pay packages. According to…
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SEC to Decide on Broker Discretionary Voting
On July 1, 2009, the SEC will hold a Sunshine Act Meeting at which it will consider the issue of instructed broker voting. The New York Stock Exchange (“NYSE”) has long classified uncontested director elections…
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Regulation of OTC Derivatives is on the Horizon
Following the Obama Administration's proposals last week to bring tighter regulation to financial markets, SEC Chairwoman Mary Schapiro testified before a Senate Banking subcommittee today that it would be relatively simple to change the law…
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Empowering Shareholders Through Legislation
There are at least two bills in the current Congress that are worth noting, the Shareholder Empowerment Act of 2009 and the Shareholder Bill of Rights Act of 2009. According to the Council of Institutional…
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Supreme Court Expansion Of Twombly
The Supreme Court decision in Bell Atlantic v. Twombly, 550 U.S. 544 (2007) created some debate whether the decision applied to non-antitrust cases. The Supreme Court’s recent decision in Ashcroft v. Iqbal, No. 07-1015 (U.S.…
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New Rule FAS 165
Last month, the Financial Accounting Standards Board (FASB) issued a new rule, which will be applied to the accounting for, and disclosure of, subsequent events not addressed in other applicable Generally Accepted Accounting Principles (GAAP).…
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Movement Grows to Split Chair, CEO Posts
The shareholder ouster last month of Bank of America CEO Ken Lewis from the company’s chairmanship position highlights the growing sentiment that the roles of chairman and CEO should be split. In recent months, in…
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The Heated Debate Over EPS Guidance
A debate is brewing over whether the use of earnings-per-share ("EPS") guidance provides the most accurate picture for investors and whether in today's economic environment, it is irresponsible and risky for companies to emphasize short-term…
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Antitrust/Competition Law Changes In Play Across The Pond
In the European Union, competition law is enforced across the member states by the Directorate of Competition (DG-IV). In the U.S., the antitrust laws are enforced by the Department of Justice, Antitrust Division. State and…
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From the Pages of The Pomerantz Monitor: Return of the Overpaid Investment Banker
As Joshua Silverman reports in the May/June issue of The Pomerantz Monitor, when it comes to sharing the pain caused by the economic downturn, corporate America has two standards: one for the working class, and…