Water Cooler News Links for July 12th, 2010
Among today’s news links: Obama may review regulations affections businesses; FDA review spotlights heart risk of diabetes pill; and Wall Street hiring in anticipation of economic recovery.
Among today’s news links: Obama may review regulations affections businesses; FDA review spotlights heart risk of diabetes pill; and Wall Street hiring in anticipation of economic recovery.
Among the stories being discussed around water coolers today: Obama Vows Spill Fix; Regulatory Overhaul Won’t Stop Next Crisis, Say Levitt, Breeden; Revolving Door of Employees Under Review at SEC.
Among today’s Water Cooler links: Obama administration gets tough on business corruption overseas; UBS tax deal at risk in game of political ping-pong; and business ethics, with a chuckle.
Yesterday, President Obama introduced a wide-ranging proposal for financial regulatory reform that he and the White House believe can help solidify the financial sector as we move out of the recession and, in turn, prevent another one.
By Jodie Fredericksen and Stephen Martin, Corpedia, Inc.
As the United States continues to muddle through the current recession, corporate executives have been faced with the challenge of finding areas in which to cut operational costs. As previously reported by Corporate Compliance Insights, even in a booming economy, compliance and ethics budgets are often unfairly scrutinized, due to the misperception that there is no return on the investment of compliance dollars.
While academics and political pundits disagree as to whether current economic conditions will cause an increase in ethical/legal misconduct or simply bring such behavior to light, recent repeated statements by government and regulatory personnel make it abundantly clear that now is not the time to cut your compliance budget.
By Thomas Fox — FCPA Compliance Attorney
The year 2009 is shaping up to be a watershed year in Foreign Corrupt Practices Act (FCPA) compliance investigations and enforcements. This article will review the current state of FCPA investigations and enforcement actions and provide guidance to companies to help navigate in this time of heightened FCPA sensitivity.
Let’s kick off the week with a news roundup, starting with the announcement today by the Obama Administration that they are seeking changes to the tax code in relation to the treatment of companies with overseas operations.
In the first edition of the CCI Interview Series, Jeffrey M. Kaplan joins CCI to discuss the behaviorist approach to business ethics and compliance, and the impact that the Obama Administration’s potential focus on behavioral economics could have on C&E programs moving forward.
The biggest news on Earth over the past week has been the 2009 G-20 Summit taking place in London. This post provides a list of stories discussing the regulatory challenges and reforms discussed by the G20 leaders.
President Barack Obama outlined new regulations on executive compensation yesterday, saying that executives will no longer be subsidized for failure by U.S. taxpayers.
