by John Harrington | Jan 23, 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...
by John Harrington | Jan 23, 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...
by John Harrington | Jan 23, 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...
by John Harrington | Jan 23, 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,...
by John Harrington | Jan 19, 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...
by John Harrington | Jan 19, 2017
For progressives in this country, the election of Donald J. Trump as the 45th President of the United States came as more than a shock; it created a surreal social and cultural environment that still seems to pervade every waking media hour, especially on the East and...
by John Harrington | Jan 19, 2017
Donald J. Trump, in one of his many early tweets after he was elected, proposed a federal “tax holiday” of only 10% for corporations that have large cash stashed away overseas, if they bring back this money to the United States to invest in our domestic economy....
by John Harrington | Jan 13, 2017
This dissertation will discuss several interrelated conundrums involving the modern corporation. While the business enterprise has evolved into a corporation, one that serves man and has a legitimate economic purpose because it can promote social welfare, it also, as...
by John Harrington | Jan 13, 2017
Business enterprises evolved from small private companies into largely independent, semi-sovereign publicly traded corporations, unrestrained by national and state governments and civil society. This resulted in excessive individual and corporate materialistic...
by John Harrington | Dec 29, 2016
HII has been filing resolutions at Monsanto (MON) for at least two decades on issues of dangerous pesticides sold overseas, genetically modified organisms (GMOs), environmental sustainability, climate change, and on many corporate governance issues, including Proxy...
