Submitted by Anne Landman on
When Congress drafted the $700 billion financial bailout bill, they intended to limit Wall Street executives' sky-high pay. To do this, they included a process for reviewing executive pay, recovering bonuses based on unrealized earnings, prohibiting "golden parachutes" and punishing firms that break the rules.
Submitted by Diane Farsetta on
In September 2008, as the U.S.
Submitted by Anne Landman on
As CMD previously reported, George W. Bush is worried about his legacy.
Submitted by Anne Landman on
The draft bailout for the U.S. automobile industry calls for the appointment of a "Car Czar" who, if the bill passes and is signed into law, would instantly become the most powerful marketing and advertising executive on Earth. The Czar would be charged with overseeing auto company expenses over $25 million, which means he or she would control the companies' media buys.
Submitted by Anne Landman on
The Federal Bureau of Investigation (FBI) has arrested Illinois Governor Rod Blagojevich after wiretaps showed he planned to sell or trade the open Senate seat left by
Submitted by Bob Burton on
Mark Penn, the CEO of the global PR firm Burson-Marsteller, recently spoke at a corporate conference in the UK promoting his book Microtrends.
Submitted by Sheldon Rampton on
President-elect Barack Obama's cabinet appointments are winning praise from conservatives such as Karl Rove, Mitch McConnell and John McCain
Submitted by Sheldon Rampton on
Freedom's Watch, the conservative 501(c)(4) organization that was set up earlier this year to help Republicans win elections, "is closing after just one cycle in business," reports Reid Wilson.
Submitted by Sheldon Rampton on
Netroots activists who supported the Barack Obama campaign thought they were joining "a new political movement that would be mobilized for big goals -- to end poverty or fix the healthcare system, or maybe to end the U.S. reliance on foreign oil," writes Peter Wallsten.
I posted a brief item here recently about the PR nightmare facing the Mormon Church as a result of the prominent role it played this year promoting Proposition 8 to ban same-sex marriage in California. At the urging of church leaders, Mormons spent about $20 million on the effort, which probably provided the margin that enabled the proposition to pass.
There is some irony in the fact that Mormon pollster Gary Lawrence, who led the Proposition 8 grassroots campaign for the church in California, has a gay son, Matthew, who publicly resigned from the church to protest its anti-gay campaign. Matthew says that after his father's participation in "two anti-gay initiatives in eight years, it's impossible not to feel attacked."
Adding further to the irony, Gary Lawrence has a new book out, titled How Americans View Mormonism: Seven Steps to Improve Our Image. His advice to Mormons who want to be better liked is, "Simply be yourself" -- advice that drew a sharp response from one blogger, who pointed out that being yourself "is a poor prescription for winning friends when 'who you are' is someone willing to lead a campaign to strip your own child of his civil rights."
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