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NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off the bank's opponents from polling information.
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Players from the world of business and finance—CEOs, investment managers, entrepreneuers—often move into the world of politics and government and the 2010 election is no exception.
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The co-chairs of President Obama's special commission on cutting the deficit say Social Security is high on the list, so why isn't it front and center in Congressional races?
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Politicians are in full swing. Businesses are the scoundrels du jour and the proposals are flying fast and furious to regulate their behavior
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Fannie and Freddie are poster children for the past unwillingness of politicians of all stripes—and the voters who elected them—to ask those hard questions about public policy and spending precious resources., says NYU professor Lawrence J. White.
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The elections will leave the Republican Party in disarray on key economic issues. Congressional Democrats won’t be able to identify potential compromises until they know what Republicans want. This will create an opening for President Obama to frame his vision for international economic policy.
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An eventual deal will be cut in the lame-duck session, extending the Bush tax cuts—for everyone—for another two years, says Greg Valliere, chief political strategist at the Potomac Research Group.
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The American people are desperately sending Washington Democrats the same message. After two years of racing ahead on a policy-making treadmill, feeling they're going no where no matter how fast they run, Americans just want it all to stop.
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Recent election results illustrate the old political adage: A good economy is no guarantee for election victory but a bad one more often than not brings defeat. The 2010 midterms will be no different.
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Arizona may be the frontline of the immigration policy debate, but states far from the Mexican border are also busy grappling with the costly problem of illegal aliens.
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Many of the contributors to the crisis, including Basel II, are being expanded instead of scrapped. Market discipline is gone; companies can not be allowed to fail and creditors can't take losses.
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The nation’s budget deficit and accompanying debt burden is one of the rare issues that generates agreement; the difference in opinion is over whether it is a big problem now or a big problem later. It also happens to be one of those issues whose ownership shifts from party to party depending on which one is in power.
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In a free market anything that encourages individuals and corporations to engage in this behavior is good for the economy and for job creation. Conversely, polices that discourage work or incentives to earn wages or profits are viewed negatively.
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If anyone thought a sluggish economy with high unemployment would dampen campaign spending for the 2010 midterm elections, they couldn't be more wrong. A Supreme Court ruling, tight races and grass roots activism will make this the most expensive midterm election in history—with fundraising reaching levels never seen before.
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Record spending in the midterm elections will provide a large cash infusion for broadcasters and other media outlets, as the industry struggles in the aftermath of the recession.
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Morgan Stanley is the latest firm to announce that it will not take advantage of a new Supreme Court ruling that allows companies to spend unlimited campaign cash in federal elections.
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Running for office isn't cheap. Political experts say it can cost about $400,000 to $600,000 to campaign for a congressional seat and about $1 to $2 million for a Senate seat. See who is contributing to candidate's campaigns around the country.
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For the last 14 years, the United States has had a policy of lowering the tax burden on individuals and capital. Under the most likely scenario, the Bush tax cuts will be extended for only those below $250,000. The reason put forward is to make those that can afford to pay the taxes do so with the majority of Americans benefiting. This sounds reasonable until you study the effects on allowing taxes to rise on high earners, capital gains and dividends
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The ties of a nonprofit advocacy group to a G.O.P. operation raise questions about whether moneyed interests are allowed to influence elections without revealing themselves. The NYT reports.
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If anyone is as scorned as much as Democrats these days, it's Republicans — the very party that may recapture the House of Representatives and perhaps the Senate in November's midterm congressional elections.
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High unemployment may last for a long time because of the sluggish economy, bad politics and advances in technology, Jack Welch, author of "Straight from the Gut," told CNBC Thursday.