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Cigna CEO's Compensation Last Year: $3.9 Million, Not Including $9 Million In Stock, Stock Options
The Hartford Courant— Cigna Corp. CEO David M. Cordani had a 68 percent decline in pay last year with compensation totaling $3.97 million, not including $9 million in stock and stock options which have value in the future when the stocks vest and options are exercised,...Tags: Corporate Officers, Cigna Corporation, Stock Options, HealthSpring Inc., U.S. Securities and Exchange Commission
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Dodgers' Guggenheim subject of SEC probe over Michael Milken ties
Money, money, money. So much money. From places only the most sophisticated financial followers truly understand, not that they always agree. Last year Guggenheim Partners formed a group to buy the Dodgers and spent a record $2.1 billion on the...
Tags: AEG, Andre Ethier, Josh Beckett, Finance, Magic Johnson
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Herbalife battle shows how the game is rigged
What are we to make of the ability of hedge-fund managers and other influential investors to manipulate the market with impunity and make millions of dollars doing it? The question was raised anew on Feb. 16 after news broke that Daniel Loeb of Third...Tags: CNBC (tv network), Mary Jo White, Crime, Law and Justice, Apple Inc., Carl Icahn
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Rosenthal: Illinois has to get down to business
Its previous two chief executives went to prison on felony convictions. It just reached a settlement with the Securities and Exchange Commission over allegations of securities fraud. Not one of its peers has a worse credit rating. On top of around $8...
Tags: Moody's Corporation, CNBC (tv network), Interior Policy, Pat Quinn, Finance
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USCA concludes first fly-in of 2013 to D.C.
The United States Cattlemen's Association (USCA) concluded its first fly-in of 2013 to Washington, D.C. recently. Members representing Virginia, Montana, North Dakota, Maryland, Kansas and Indiana made the trip to D.C. for the week's schedule of meetings....Tags: Washington, DC, Financial Markets, U.S. Congress, MF Global, U.S. Department of Agriculture
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San Onofre: Edison ordered to show costs for replacing generators
L.A. NOWIn response to a complaint filed by a former San Diego city attorney, an administrative judge with the California Public Utilities Commission has ordered Southern California Edison to file an accounting of its costs to replace steam generators at the........ -
State's money woes hit Chicago's credit rating
Clout StreetThe state’s troubled finances are now hitting City Hall in a more visible way, as a major agency downgraded Chicago’s credit rating as the city prepares to refinance some debt. A $181 million bond issue backed with the city’s share...Tags: Ratings, Interior Policy, Finance, U.S. Securities and Exchange Commission, Chicago Mayor
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In rare move, SEC charges Illinois with securities fraud
The Securities and Exchange Commission charged Illinois with securities fraud, accusing the state of misleading municipal investors over pension fund obligations, the regulatory agency said Monday. An investigation determined the state failed to...
Tags: Interior Policy, Prosecution, Pension and Welfare, Politics, U.S. Securities and Exchange Commission
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Sundance darlings eye alternative distribution platforms
Not that long ago, premiering a star-driven Sundance Film Festival movie on a video-on-demand channel was an admission of failure. But last year's festival produced two huge on-demand hits, Richard Gere's crime drama "Arbitrage" and Kirsten Dunst's...Tags: Customs and Tradition, Naomi Watts, Robin Wright, Richard Linklater, Jane Austen
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U.S. suit against S&P: Bad for business, bad for democracy
The Justice Department is accusing Standard & Poor's of defrauding investors with optimistic ratings of mortgage-backed securities and derivatives prior to the financial crisis. While investors are entitled to answers about those conflicts, compensation...
Tags: Moody's Corporation, Eric Holder, Federal Reserve, Freedom of the Press, Finance
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New CEO named for Adams Express and Petroleum & Resources funds
Mark E. Stoeckle has been named CEO of Baltimore-based Adams Express Co. and Petroleum & Resources Corp., replacing Douglas G. Ober, who last year announced his intention to retire. Stoeckle, 56, has been the chief investment officer of the U.S. Equities...Tags: Environmental Issues, Conservation, Companies and Corporations, Finance, Adams Express Company
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Justice Department, state officials to announce Standard & Poor's suit
WASHINGTON -- Justice Department officials and attorneys general from California and several other states were set Tuesday morning to announce a landmark civil suit against Standard & Poor's Corp. concerning the company's credit ratings of troubled...
Tags: Eric Holder, Ratings, BP Plc, Finance, Kamala D. Harris
Mar 15, 2013
|Story| Hartford Courant
Feb 27, 2013
|Story| Los Angeles Times
Feb 26, 2013
|Column| Allentown Morning Call
Mar 17, 2013
|Column| Chicago Tribune
Mar 15, 2013
|Story| Aberdeen News
Feb 22, 2013
| Los Angeles Times
Mar 14, 2013
|Story| Chicago Tribune
Mar 11, 2013
|Story| Los Angeles Times
Jan 17, 2013
|Story| Los Angeles Times
Feb 5, 2013
|Story| Baltimore Sun
Jan 28, 2013
|Story| Baltimore Sun
Feb 5, 2013
|Story| Los Angeles Times
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