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SEC Again Utilizes Strict Liability "Clawback" Authority

In a July 2011 Washington Legal Foundation Legal Pulse post, SEC to Join HHS in Effort to Drop the Claw of Strict Liability on Business Managers, we decried the federal punishment of business executives based solely on their status, rather than on whether they actually violated the law. Such status crimes, we argued, do nothing to deter law breaking and by punishing blameless people, cheapen the ...

Gorman Embracing Vegemite in New Wall Street’s 15% Bogey at Morgan Stanley

James Gorman strides across the stage of the auditorium on the top floor of Morgan Stanley’s Times Square headquarters. It’s late October, and he’s in the midst of the second investor revolt he’s been through in three years -- the first one coming during the financial upheaval of 2008.

CES 2012: Ultrabook round-up

CES is drawing to a close, and the gadgets released here will define the market for the year. Intel is betting the farm on its Ultrabook concept as its hardware partners continued to push out the first real wave of laptops designed to take on the MacBook Air (who thought we'd be saying that four years ago?). Whatever your feelings on these devices, given Santa Clara's billion-dollar advertising ...

The Power of One

Video games have directors, as do films, and yet the former group is far less likely to be in the spotlight. Think about it. If you surveyed the film-going population on who Avatar was directed by, as well as asking gamers to name Skyrim's director, my guess would be that the results would be emphat...

Ericsson's New CTO Won't Work From Silicon Valley

Ericsson veteran Ulf Ewaldsson will replace Hakan Eriksson as chief technology officer of the Swedish mobile equipment company but won't take his place at its...