Archive for January, 2008

Giving on non-profit boards

Wednesday, January 23rd, 2008

Half of nonprofits now require board members to make an annual contribution of at least $5000 and 87 per cent have adopted policies in line with Sarbanes-Oxley.

Read the full story

Sphere: Related Content

Siemens fine to wipe profits

Monday, January 21st, 2008

Siemens faces a fine of 4 billion euros ($5.8 billion), a figure that would wipe out a full year’s profit, after a probe by the US Securities and Exchange Commission.

Read the full story

Sphere: Related Content

Google reshapes philanthropy

Monday, January 21st, 2008

Google is reshaping philanthropy by treating it as an exercise in venture capitalism. But by investing in companies it raises questions about competition.

Read the full story

Merrill Lynch’s bonus pain

Sunday, January 20th, 2008

New Merrill Lynch chief executive officer John Thain wants to change the way the firm gives bonuses. He wants a new system based more on how the whole company did, than how the individual did. But it won’t stop the firm losing money.

Read the full story

Sphere: Related Content

Conrad Black and the ostrich defense

Sunday, January 20th, 2008

With Conrad Black this week filing a bid for bail until his appeal of fraud and obstruction convictions is heard, there are signs what the grounds of appeal might be.

Read the full story

Sphere: Related Content

The Sydney Morning Herald Blogs: Business Blog

Sunday, January 20th, 2008

Bad bosses are a fact of life. But how many of them are there?

Read the full story

Rewarding Blackwater

Saturday, January 19th, 2008

Prosecutors might be facing serious difficulties prosecuting Blackwater security guards. But that hasn’t stopped the Department of Defense giving Blackwater subsidiary Presidential Airways a $50 million-plus contract to perform work in Afghanistan, Kyrgystan, Pakistan and Uzbekistan.

Read the full story

Sphere: Related Content

Samsung’s art slush fund

Friday, January 4th, 2008

Samsung chairman Lee Kun-hee set up a $225 million slush fund to buy art for his art museum director wife.

Read the full story

Conrad Black: now a good American?

Friday, January 4th, 2008

After waging a legal war against the US, Conrad Black is now asking to get US citizenship rights so that authorities will go easy on him in jail.

Read the full story

Sphere: Related Content

CFO disconnect

Thursday, January 3rd, 2008

There seems to be a profound disconnect for chief financial officers in their first 100 days on the job. According to a McKinsey survey, most CFOs say their time is not being spent in areas where it’s needed.

Read the full story

Sphere: Related Content