Corporate Accountability

Responsible Wealth and Walden Asset Management's shareholder resolution filed at microchip giant, Intel, has succeeded in halting the company's proposal to hold shareholder meetings exclusively online. RW and Walden advocate that in-person meetings play a significant role in holding management accountable by promoting dialogue amongst shareholders and between shareholders and management.

Responsible Wealth's shareholder resolution for a review of proxy voting practices at State Street Global Advisors garners a shift in the financial institution's policy. James McRitchie of CorpGov.net congratulates RW and Walden Asset Management for their sustained effort and recent success.

Business Owners, Executives and Investors – sign Responsible Wealth’s letter to the US Senate in support of legislation to create a Consumer Financial Protection Agency (CFPA).

Former UFE board member Holly Sklar writes, "The Great Depression gave way to the New Deal. The Great Recession has become the Great Ripoff." She explains our misguided bank rescue plan and why we should crack a whip on Wall Street.

Authors of the Institute for Policy Studies report, Executive Excess 2009: America's Bailout Barons, call out pay czar Ken Feinberg for not acting boldly enough to rein in executive pay. Representatives from IPS and Responsible Wealth are available for interview on this breaking news in executive pay regulations.

"[T]he issue of income disparity threatens our democracy -- and it cannot be defended. And, if you are reading this and are a person of wealth and assume this isn't about you, it most assuredly is about you, because in the end this is about all of us." George Mitrovich cites Executive Excess 2008 in this riveting opinion piece on the state of our economy.

The Billionaires Against Regulating Finance, or BARF, to take to the streets in protest of the so-called March Against a Jobless Recovery (press release).

The Billionaires Against Regulating Finance, or BARF, to take to the streets in protest of the so-called March Against a Jobless Recovery (press release).

Billionaires Against Regulating Finance (BARF) protest Jobs with Justice March Against a Jobless Recovery in Boston’s Financial District.

EXECUTIVE COMPENSATION ADVISORY VOTE

RESOLVED, that stockholders of FedEx Corporation request the board of directors to adopt a policy that provides stockholders the opportunity at each annual stockholder meeting to vote on an advisory resolution, proposed by management, to ratify the compensation of the named executive officers (“NEOs”) set forth in the proxy statement’s Summary Compensation Table (the “SCT”) and the accompanying narrative disclosure of material factors provided to understand the SCT (but not the Compensation Discussion and Analysis).  The propo September 11, 2009