Goldman Sachs 2017

Goldman Sachs (GS)(GOLD), known as “Government Golden”, because of its history of influencing the Federal Government by not only its significant money expended on political contributions and lobbying, but the fact that some of the highest federal government posts have...

JP Morgan Chase 2017

Not unlike other major banks or non-bank financial institutions, JP Morgan Chase & Co. (JPM) racked up billions of dollars in fines and other penalties (over $38 billion), while no executives or bank directors went to jail; only owners pay, not those in...

Anthem 2017

Anthem (ANTM) or Blue Cross is a healthcare corporation that currently spends literally millions of dollars lobbying Congress and supporting the political endeavors of career politicians to deny patients quality healthcare and comprehensive coverage to millions of...

Alaska Air Group 2017

HII co-filed a shareholder resolution introduced by an individual shareholder, Steve Nieman, a colleague of one of our friends, John Chevedden, who for years, has sponsored many good governance resolutions in an attempt to improve corporate conduct, including...

PepsiCo 2017

For the third year we have introduced a resolution requesting PepsiCo (PEP) to create a board committee on sustainability. As has been discussed above, many corporations have institutionalized a policy of signing voluntary agreements, policies, and codes to reduce or...

Bank of America 2017

One of the first shareholder meetings I attended in the early 1970s was Bank of America (BAC), then led by A.W. Clausen, who in responding to my question about the bank’s loan to the South African government, said that BAC would make loans to “any credit worthy...

Bank of Nova Scotia 2017

HII, which holds stock in the Bank of Nova Scotia (Scotiabank)(BNS), was shocked to find a report on the Internet by Food and Water Watch identifying the bank as one of 38 large banks and financial institutions participating in a $2.5 billion dollar consortium loan to...

Citigroup 2017

Ever since the beginning of the financial crisis and Great Recession, we have consistently raised ethical and corporate governance issues with Citigroup (C). Citigroup, since 2010, has paid over $15 billion in penalties for everything from toxic security abuses to...

Wells Fargo 2017

UPDATE – Harrington Investments In the News! Wells Fargo (WFC) has been perceived by many as mostly avoiding large fines, penalties, SEC violations, and lawsuits similar to their colleague banks during the Great Recession and Financial Crisis of 2008 (WFC,...

Coca-Cola 2017

For at least a decade, HII has also engaged Coke (KO) in an ongoing dialogue on a variety of issues, including human rights principles, use of GMOs, health, water, death squads in Columbia, recycling, and climate change. This year, we introduced a resolution calling...