August 29, 2009 in Non-Profit Organizations
Business Roundtable is an association of chief executive officers of leading U.S. companies with more than $5 trillion in annual revenues and nearly 10 million employees. Member companies comprise nearly a third of the total value of the U.S. stock markets and pay nearly half of all corporate income taxes paid to the federal government. Annually, they return $133 billion in dividends to shareholders and the economy.
July 26, 2009 in Securities and Exchange Commission
The Securities and Exchange Commission announced that it filed today an enforcement action in the U.S. District Court for the Southern District of New York, charging Hazem Khalid Al-Braikan, a resident of Kuwait, and three related foreign entities for engaging in an illicit scheme through which they reaped millions of dollars in profits from trading around hoax offers to acquire U.S. companies. The SEC obtained an emergency court order to freeze more than $5 million in trading profits that it has located in various accounts in their names.