Word: investor
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...Karachi Stock Exchange, insider trading is commonplace and conflict of interest is rife. Some of the exchange's board members are also leading brokers, and they are able to change regulations overnight to bankrupt an outsider trying to deal in a company's shares. Brokers sometimes vanish with their investors' portfolios, and no investor has ever won a case against a crooked dealer...
...predecessor, Durk I. Jager, had pioneered ambitious new products in hopes of finding a blockbuster for the company, but never did. With investor confidence slipping, Procter and Gamble’s board removed Jager, an unusual act for the 166-year-old company...
...dangerous precedent," shareholder Victor Silk told HSBC chairman John Bond. But in the end, Aldinger carried off his saucer of cream with relative ease. Bond's argument that Aldinger would be getting slightly less than his previous pay package was grudgingly accepted by the majority of shareholders, and institutional investors voted heavily in his favor. And so Aldinger, who now ranks among the highest-paid executives in Britain, will take home $3 million in salary, $12 million in guaranteed annual bonuses, and $21 million in stock grants over three years, plus other lavish benefits on top of the $20.3 million...
Costello is the human face of a dramatically changed industry. With about 30 steel firms operating under bankruptcy protection, the steelworkers' union has willingly taken part in a vast restructuring of pay and benefits spearheaded by New York City investor Wilbur Ross. His International Steel Group (ISG) recently completed its third major acquisition in two years, buying most of the assets of bankrupt Bethlehem Steel. Ross warns of more wage pressure ahead: "If we don't reform our labor system very soon, we won't have a manufacturing sector to worry about." He is taking aim at work rules that...
...little guy' who isn't smart about the nuances may get misled, such is the nature of my business." LEHMAN BROS. ANALYST, in an e-mail to an institutional investor, disclosed as part of an SEC settlement of conflict-of-interest charges against Wall Street firms...