GRETCHEN MORGENSON | The Seattle Times

November 11, 2017 at 8:00 am

TIAA, the giant insurance and investment firm, receives subpoena on sales practices

The TIAA practices drawing scrutiny from New York Attorney General Eric Schneiderman are also the focus of a whistleblower complaint filed with the Securities and...

Business

Steve Novick, a former environmental lawyer and outgoing city commissioner, outside city hall in Portland, Ore., Dec. 7, 2016. Novick backed Portland’s new surtax on companies whose chief executives earn more than 100 times the median pay of their rank-and-file workers, a first-in-the-nation effort to address inequality at a municipal level. (Leah Nash/The New York Times)

December 8, 2016 at 4:13 pm

Portland will tax public companies where CEO pay is 100 times employee average

The surcharge, called the first of its kind in the U.S., is hailed by backers as a step against income inquality. Critics call it ‘an...

Business

Sean McKessy, former director of the whistle-blower program at the Securities and Exchange Commission, in Washington, Sept. 4, 2016. McKessy, who left the SEC in July, is joining the law firm Phillips & Cohen, where he will be an advocate for individuals coming forward with information about fraud or improprieties in their workplaces. (Justin T. Gellerson/The New York Times)

September 18, 2016 at 8:00 pm

Ex-official at SEC says whistleblowers do crucial work

Sean McKessy, the founding director of the whistleblower program at the Securities and Exchange Commission, is joining a law firm in Washington, where he will...

Business

Nell Minow, an expert in corporate governance who said women who made it onto boards were pressured to “get along,” at home in McLean, Va., May 25, 2016. An analysis of chief executive pay at 100 large companies last year by Equilar, a compensation research firm, found that companies with greater gender diversity on their boards paid CEOs about 15 percent more than companies with less diverse boards. “It’s very difficult for women to get on boards, and I think they are under even more pressure to go along and get along,” said Minow. (Jared Soares for The New York Times

June 18, 2016 at 8:00 am

Where more women are on boards, executive pay is higher

Gender diversity on corporate boards does not curb CEO pay — in fact, it’s the opposite, analysis shows

June 20, 2015 at 8:00 pm

Shareholders’ votes have done little to curb CEO pay

Nonbinding votes have had little impact on curbing large pay raises for top company execs.

Business

June 21, 2014 at 8:00 pm

Pay for performance? It depends on measuring stick

Year after year, as executive pay continues its inexorable climb, it’s amusing to watch corporate directors try to justify the piles of shareholder money they...

Business

October 1, 2012 at 7:20 pm

Probe of mortgage securities prompts suit against Chase

NEW YORK — The federal mortgage task force that was formed in January by the Justice Department filed its first complaint against a big bank...

Business

September 21, 2012 at 7:09 pm

Franklin Raines won’t face Fannie Mae investors’ suit

Franklin Raines, who resigned as chief executive of Fannie Mae in late 2004 amid revelations of extensive accounting improprieties at the mortgage finance company, has...

Business

July 16, 2012 at 6:13 pm

Brokerages appear to leak research analysts’ views

What analysts tell investors about the companies they follow — and when — is central to the concept of a level playing field on Wall...

Business

June 3, 2012 at 9:00 pm

Bank of America hid loss projections before shareholder vote on Merrill

Days before Bank of America shareholders approved the bank's $50 billion purchase of Merrill Lynch in December 2008, top bank executives were advised that losses...

Business