Wall St. Urged to Tie Bonuses to Debt of Banks
The New York Times DealBook - June 15, 2010
Lucian A. Bebchuk, a professor of law, economics and finance at Harvard, contends that bonuses for Wall Street's top executives should be linked to the value of a firm's bonds as well as stock to align the interests of managers with those of everyone who holds a stake in the firm.

Wall Street Bonuses Should Link to Debt, Harvard's Bebchuk Says
Bloomberg - June 15, 2010
Bonuses for Wall Street's top executives should be linked to the value of a firm's bonds as well as its stock to align managers with all stakeholders, Harvard Law School Professor Lucian Bebchuk said.

High Trading Is Bad News For Investors
MarketWatch - February 14, 2010
The difference is in portfolio turnover numbers, and there is a growing body of evidence to suggest that fund managers are as guilty as anyone of falling for short-term moves.

High Trading Is Bad News For Investors
The Wall Street Journal - February 13, 2010
Buy-and-hold hasn't looked too good lately, but churn-and-burn is no better.
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Funds trade more often than claimed - study
Reuters - February 9, 2010
Market volatility during the credit crisis forced fund managers to trade shares more frequently than they told investors they would, raising concerns this could drive costs higher, a study showed on Tuesday.

Churn, churn and churn again
Financial Times - February 9, 2010
Do fund managers do what they say? Well, it seems not. At least when it comes to the frequency they change portfolio stocks.

Even Pros Have Trouble With Buy And Hold
The Wall Street Journal - February 9, 2010
Experts have long counseled novice investors to resist the temptation to trade too much -- now it seems that even the pros might be having trouble following that kind of advice.
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Calculating The True Cost Of Carbon
Forbes - June 3, 2009
U.S. firms produce from $60 billion to $80 billion worth of carbon annually but don't pay for it. What the carbon market could mean to investors.

Carbon cloud on the horizon for S&P 500
Financial Times - June 3, 2009
Even investors who are confirmed sceptics when it comes to global warming may soon have to take account of companies' carbon emissions. A report from the Investor Responsibility Research Center Institute and environmental data provider Trucost looks at the theoretical impact of applying a price to carbon emissions for companies in the S&P 500. With the US Congress currently considering the American Clean Energy and Security Act of 2009, this may not remain theoretical much longer.

Earnings wipeout possible for some under carbon program
Pensions & Investments - June 3, 2009
American Electric Power Co., Allegheny Energy and Ameren Corp's future earnings potentially could be more than wiped out by costs under a cap-and-trade program requiring purchase of carbon emission credits, according to a report released today by the Investor Responsibility Research Center Institute and Trucost, a provider of data and analysis on corporate environmental impact.

Carbon emissions bill should prompt new evaluation of companies as investments, study says
Investment News - June 2, 2009
If proposed cap-and-trade legislation aimed at restricting corporate carbon emissions is passed, advisers and investors will have to re-evaluate companies on an individual basis, as the real-money effects of this law would vary dramatically from firm to firm, according a new research report.

The Cost of Climate Change: A new study predicts the higher cost of carbon, as proposed in Congress, would hurt the earnings of 14% of the S&P 500
CFO - June 2, 2009
Seventy-one of the S&P 500 companies could take a 10% hit to their earnings from the cost of emitting greenhouse gases under the so-called cap-and-trade legislation wending its way through Congress.

Report Shows How the S&P 500 Would Fare Financially Under Cap-and-Trade
Reuters - June 2, 2009
A new report analyzes what risks companies in the Standard & Poor's 500-Stock Index would face under a cap-and-trade program with carbon emission credits. While many companies would be generally unaffected, others could face costs much higher than their earnings.

Fight Over Target Directors Nears End
The Wall Street Journal - May 28, 2009
The contentious, two-month-long proxy fight between activist investor William Ackman and Target Corp. will be decided Thursday in an unfinished Target store in Waukesha, Wis., where the company is holding its annual shareholders meeting.

Elect a Dissident, and You May Win a Prize
The New York Times - May 23, 2009
After decades of being shut out of the director election process by the Securities and Exchange Commission, shareholders scored a big win last week. The agency is considering making it easier for investors to nominate alternative directors to corporate boards.