Category: Retirement Security
- 08/25/10 New Jersey's Pension Fraud Hurts Investors, Taxpayers and Retirees Last week, the U.S. Securities and Exchange Commission did something it has never done before. It charged the state of New Jersey with fraudulently misleading investors about the health of the state's pension plan
- 07/15/10 “Let’s Talk About Facts” Watch AFSCME Director of Research Kerry Korpi stand up to attacks on public employees and our pensions during an appearance on CNBC. At issue: should states cut public pensions to balance ballooning budgets?
- 05/04/10 Pensions: The Sky Is Not Falling Whenever the economy is in dire straits, pundits and demagogues start looking for scapegoats. An all-time favorite is the myth of public employees and their allegedly fat – yet underfunded – pensions.
- 12/03/09 Wall Street By the Numbers Across the country this holiday season, Main Street is being starved while Ebenezer Scrooge and his Wall Street friends are feasting.
- 11/04/09 Victory for Proxy Access Yesterday we wrote about a critical vote in the House of Representatives Financial Services Committee which pitted regular people and our pensions against the Chamber of Commerce and The Business Roundtable.
- 11/03/09 Holding Corporate Directors Accountable The current economic meltdown has destroyed $11 trillion in family wealth, pushed unemployment above 10 percent and threatened millions with home foreclosure. Part of the solution is to hold corporate directors accountable for their risky decisions [...]
- 10/28/09 Mutual Funds and Overpaid CEOs CNBC's "Street Signs" host Erin Burnett says the numbers take her breath away: mutual funds consistently vote in favor of management proposals that increase executive pay and against shareholder efforts to bring compensation in line with performance.
- 09/21/09 Fed's Say on Pay CEO pay reform remains a key element of the federal government’s financial reform agenda. The Federal Reserve recently announced that the agency will police banks’ pay policies to ensure they do not encourage excessive risk taking.
- 08/18/09 They Never Learn… Stephen Schwartzman, CEO of financial firm Blackstone made a sweet $702 million in 2008. Never mind that Blackstone stock has plummeted 40 percent over the last two years.
- 07/13/09 Public Pensions Support Vital Services, Stimulate the Economy Public pensions offer good value for taxpayers. In addition to providing modest but secure retirements for public employees — emergency responders, firefighters, health care workers, teachers, police officers and more.
