1:30
Business Laws : What Is a Fiduciary Duty?
Business Laws : What Is a Fiduciary Duty?
A fiduciary duty in business is a service relationship where an individual who owes a duty to a person empowering the trust, performs a service. Understand how a fiduciary relationship contemplates a duty of the empowered individual withtips from a lawyer in this free video on business law. Expert: Robert M. Todd Contact: www.wearehdtv.com Bio: Robert Todd is the managing partner and president of Robert M. Todd, PA and Family Law Solutions. Filmmaker: Christopher Rokosz
1:43
Stanford Rock Center - Lydia Beebe, Chevron Corp.
Stanford Rock Center - Lydia Beebe, Chevron Corp.
Learn More: rockcenter.stanford.edu The Stanford Director's College provides an opportunity for continuing education and inspiration to today's corporate executives.
3:31
Corporate Opportunity Doctrine - Avery & Aesop Scene3_3mins30secs
Corporate Opportunity Doctrine - Avery & Aesop Scene3_3mins30secs
See Avery and Aesop Scenes 1 and 2. There are four scenes altogether. In Ostrowski v. Avery, 703 A.2d 117 (Connecticut Supreme Court 1997), the Connecticut Supreme Court first determined that (1) the owners and operators of the "small cutting wheel operation" owed fiduciary duties to the large cutting wheel business, Avery Abrasives, and its shareholders, and (2) the chance to develop small cutting wheels constituted a "corporate opportunity" for Avery Abrasives. The court then turned to the central question in its opinion: "What role does disclosure to the other directors and shareholders play in determining whether a corporate opportunity was in fact usurped?" The court noted that the law of corporate opportunity contemplates the disclosure will be made to disinterested directors, who then are given an opportunity to accept or reject the opportunity. Adequate disclosure of a corporate opportunity will provide defendants with a safe harbor from liability for breach of fiduciary duty. But Avery and his "partner" had apparently failed to give adequate notice. Their disclosure was to Avery's father, who could not be considered disinterested. Moreover, the board as a whole (including its disinterested directors) was not informed of the opportunity until after Avery and his partner had established the small cutting wheel businness. However, the court held that, under Connecticut law, failure to disclose would not give rise to automatic liability. In the absence of adequate <b>...</b>
3:53
Financial Planner|Investment Advisor|CFP® Professional|Orlando|Judith Sanborn
Financial Planner|Investment Advisor|CFP® Professional|Orlando|Judith Sanborn
Judith Sanborn, CFP®, AIF® discusses "The Psychology of Today's Financial Markets" Judith Sanborn, CFP®, AIF® has been in the financial services field since 1985. She provides extensive financial planning services, which include estate planning, pre- and post-retirement planning, and investment management. Judith has earned the Accredited Investment Fiduciary® (AIF®) professional designation and has received formal training in investment fiduciary responsibility. Since 2007, she has been an investment advisor representative of Certified Advisory Corp, a Registered Investment Advisor with the Securities and Exchange Commission, and a registered representative of TransAm Securities, Inc. Judith is a regular co-host of the On The Money radio show, which airs every Saturday at 9:00 am on WDBO AM 580 and FM 96.5. Her professional licenses and registrations also include: State of Florida Life and Health Insurance and Variable Annuities license and a Series 7, 63 and 65 with FINRA (Financial Industry Regulatory Authority), formerly the NASD. Judith is a native of Central Florida. She has a Bachelors degree from Florida State University and a Masters degree in Psychology from University of Central Florida. Disclaimer: All practitioners are registered representatives of either Maitland Securities, Inc., TransAm Securities, Inc. or both, registered broker/dealers - Members FINRA, SIPC. Fee-Based Planning and Asset Management through Certified Advisory Corp, an SEC-Registered <b>...</b>
6:19
New Corporate Formats: Ownership Structures are Key - Susan Mac Cormac
New Corporate Formats: Ownership Structures are Key - Susan Mac Cormac
Susan Mac Cormac of Morrison Foerster briefly discusses existing corporate forms of ownership structure and fiduciary duties including duty of care, duty of loyalty, and the business judgment rule. This last item is important in terms of understanding how sustainability and socially responsible actions may or may not be considered in the best interests of a corporation and its shareholders. Susan talks about this duty and how she and some others are working to create purpose documents for corporate for-profits that encourage and expressly permit companies to be formed or converted from other forms to pursue one or more social or environmental purposes in addition to creating economic value for shareholders. Lastly, Susan dives into 6 key considerations for a new corporate form: purpose, amendments, decision making, accountability, incorporation, and dissent. Learn more about Sustainable Business & Design at: sustainablelifemedia.com
9:37
William A. Von Hoene, Jr. EVP of Finance and Legal, Exelon Corporation
William A. Von Hoene, Jr. EVP of Finance and Legal, Exelon Corporation
William A. Von Hoene, Jr. EVP of Finance and Legal, Exelon Corporation discusses the importance of equitable access to policymakers as a means of meeting the fiduciary responsibilties the company has to the shareholders. The policy forum took place in Chicago on April 19, 2011.
159:07
Drilling for Answers: Oil Company Profits, Runaway Prices and the Pursuit of Alternatives
Drilling for Answers: Oil Company Profits, Runaway Prices and the Pursuit of Alternatives
Drilling for Answers: Oil Company Profits, Runaway Prices and the Pursuit of Alternatives - Select Committee on Energy Independence and Global Warming - 2008-04-01 - On Tuesday, April 1, 2008, Chairman Edward J. Markey (D-Mass.) brought in top-level executives from the five largest oil companies to discuss the current state of oil and gas prices, oil company profits, and the need for clean, renewable fuels to ease demand for oil and cut global warming pollution. The Select Committee heard from the number two officers worldwide for the three United States-based oil companies and the presidents of US operations for the foreign companies. ExxonMobil reported record profits of 0.6 billion in 2007, and the other top four oil companies like BP and Shell made billions more. These same companies are fighting to keep 8 billion in tax breaks that Congress is attempting to shift towards renewable energy incentives for wind, solar, biomass and other climate-friendly sources. The House recently passed the Renewable Energy and Energy Conservation Tax Act of 2008, but President Bush and the top oil companies are fighting to defeat the measure in the Senate. WITNESSES: * Mr. J. Stephen Simon, Senior Vice President, Exxon Mobil Corp.; * Mr. John Hofmeister, President, Shell Oil Company; * Mr. Robert A. Malone, Chairman and President, BP America, Inc.; * Mr. Peter Robertson, Vice Chairman, Chevron; * Mr. John Lowe, Executive Vice President, ConocoPhillips. Video provided by the US House of <b>...</b>
6:20
Financial Planner|Investment Advisor|CFP® Professional|Orlando|Denise Kovach
Financial Planner|Investment Advisor|CFP® Professional|Orlando|Denise Kovach
Denise Kovach, CFP®, AIF® discusses "Bringing Order to Chaos in the Financial Markets" For over a decade, Denise Kovach, CFP®, AIF® has dedicated herself to becoming a proficient and highly skilled Certified Financial PlannerTM practitioner. She joined Certified Financial Group, Inc. in 2006. Denise provides an extensive array of financial planning services, which include investment and risk management, as well as retirement, distribution, and survivor planning. She is an investment advisor representative of Certified Advisory Corp, which is an SEC Registered Investment Advisor, and a registered representative of TransAm Securities, Inc. She is a graduate of the Accredited Investment Fiduciary™ program and is specially trained in investment fiduciary responsibility and portfolio management. Denise is past President and Chairman of the Board of Directors of the Financial Planning Association of Central Florida and remains a member of its national chapter. She has been selected as one of "America's Top Financial Planners" in Guide to America's Top Financial Planners as well as one of Orlando's 2011 Five Star Wealth Managers. She is also listed in the Cambridge Who's Who Registry of Executives and Professionals. In addition to being a co-host for the financial radio program On the Money on WDBO AM 580 and FM 96.5, her financial advice has been prominently featured in the Orlando Sentinel, WESH Channel 2 News, and Money Talks on The Daily Buzz. Denise's professional licenses <b>...</b>
33:52
How to Select an Investment Advisor: The Essential Guide
How to Select an Investment Advisor: The Essential Guide
There are thousands of investment advisors out there. How do you know who is right to oversee your plan? This webinar will show you how to select an advisor as a part of a clear and prudent process. You will learn how to spot potential conflicts of interest your investment advisor may have when advising your plan. As a plan fiduciary, you should know how to look under the hood and see how your investment consultant ticks. It is one way you can fulfill your obligations as a plan fiduciary. Join us for a discussion of best practices and learn about: * The questions to ask to determine if an investment consultant has any potential conflicts of interests * Ways to identify these potential conflicts * Learn how a conflict of interest can dramatically impact the success of your plan objectives
4:40
Financial Planner|Investment Advisor|CFP® Professional|Orlando|Joe Bert|The Oracle of Orlando®
Financial Planner|Investment Advisor|CFP® Professional|Orlando|Joe Bert|The Oracle of Orlando®
Joseph F. Bert, CFP®, AIF® discusses "Surviving in Today's Struggling Economy" Joseph F. Bert, CFP®, AIF®, Chairman of the Board for Certified Financial Group, Inc., has been in the financial planning profession since 1976. He is also President of Certified Advisory Corp. Joe is a Certified Financial PlannerTM practitioner and a member of the Financial Planning Association where he served as its President and Chairman. As a graduate of the Accredited Investment Fiduciary™ program, Joe is specially trained in investment fiduciary responsibility and portfolio management. He is an investment advisor representative of Certified Advisory Corp, a Registered Investment Advisor with the Securities and Exchange Commission, and has served as an adjunct faculty member for the College for Financial Planning headquartered in Denver, CO. He is also a registered representative of TransAm Securities, Inc. and Maitland Securities, Inc. In addition, Joe can be heard every Saturday on WDBO AM 580 and FM 96.5 at 9:00 am hosting On the Money. As an experienced and knowledgeable financial planning practitioner, he has affectionately been referred to as the "Oracle of Orlando®" by his weekly listeners and currently appears regularly on the FOX affiliate in Orlando, Fox 35 WOFL. In addition to hosting the nationally syndicated TV program, The American Investor, he has appeared on Hour Magazine with Gary Collins as well as regular appearances on the CBS affiliate in Tampa, Channel 13, and the ABC <b>...</b>
1:02
Citigroup Inc. Cuts PT & '10-'11 Estimates for Northern Trust Corp.
Citigroup Inc. Cuts PT & '10-'11 Estimates for Northern Trust Corp.
Citigroup Inc. cut its price target for Northern Trust Corp. (NASDAQ:NTRS) on Tuesday, from $60 to $58, with a Buy rating maintained. Citigroup also lowered its 2010 EPS estimate from $2.89 to $2.76, and cut its 2011 EPS estimate from $3.35 to $3.10. Northern Trust is a financial holding company that provides investment management, asset and fund administration, fiduciary, and banking solutions for corporations, institutions, and affluent individuals. Northern Trust's banking operations are its primary operations. On November 05, 2010, Northern Trust was downgraded two notches to Neutral from Conviction Buy at Goldman Sachs Group (NYSE:GS). The stock is trading at $50.27, which is 3.10% lower than the downgrade price of $51.88.
3:02
He's the New Kid in Town
He's the New Kid in Town
Nov. 11 (Bloomberg) -- It's hard to believe Barack Obama would even think of calling this change. Take a good look at some of the 17 people our nation's president-elect chose last week for his Transition Economic Advisory Board. And then try saying with a straight face that these are the leaders who should be advising him on how to navigate through the worst financial crisis in modern history. First, there's former Treasury Secretary Robert Rubin. Not only was he chairman of Citigroup Inc.'s executive committee when the bank pushed bogus analyst research, helped Enron Corp. cook its books, and got caught baking its own. He was a director from 2000 to 2006 at Ford Motor Co., which also committed accounting fouls and now is begging Uncle Sam for Citigroup- style bailout cash. Two other Citigroup directors received spots on the Obama board: Xerox Corp. Chief Executive Officer Anne Mulcahy and Time Warner Inc. Chairman Richard Parsons. Xerox and Time Warner got pinched years ago by the Securities and Exchange Commission for accounting frauds that occurred while Mulcahy and Parsons held lesser executive posts at their respective companies. Mulcahy and Parsons also once were directors at Fannie Mae when that company was breaking accounting rules. So was another member of Obama's new economic board, former Commerce Secretary William Daley. He's now a member of the executive committee at JPMorgan Chase & Co., which, like Citigroup, is among the nine large banks that just got $125 <b>...</b>
7:51
Vmobile Presentation Ultra-Flamers Team
Vmobile Presentation Ultra-Flamers Team
Contact Nilo M. Pasague 09324949063/09176332663/lxvpowerbiz@yahoo.com/ visit lxvmobilez.weebly.com VMobile Technologies Inc. (VMobile) was established in April 2008 as the latest addition to PentaCapital Group of Companies. PentaCapital is a leading independent investment house in the Philippines known for its unique expertise in debt and equity underwriting, financial advisory and project financing, especially for BOT projects, real estate, leisure and infrastructure projects. PentaCapital received its license from the Bangko Sentral ng Pilipinas (BSP) in 2006 to engage in trust, fiduciary and investment management services. The inception of VMobile is a renewed commitment to ensure stability and address the growth requirement of LoadXtreme®. Originally dubbed as Universal Prepaid Loading System (or UPLoadSSM), the service offering was later introduced to the public as LoadXtreme® after a successful evaluation and acceptance by subscribers. It is one of the time-tested and proven features of the mobile commerce platform developed by the founding and present technical development team of VMobile. Following the success of the LoadXtreme® program, VMobile is now venturing into the wellness industry by forming another division, the Xtreme Wellness. VMobile has partnered with Nature Ceuticals Corporation, a company that provides quality products that are beneficial to one's health; promotes healthy lifestyle; and practices Corporate Social Responsibility (CSR). Together with <b>...</b>
6:24
CAIR Sued for Fraud & RICO
CAIR Sued for Fraud & RICO
Mapping Shariah's Dave Gaubatz discusses how he served the national leadership of CAIR a summons at their 14th Annual Dinner in Virginia. He describes the precautions he took (including a disguise) to serve Nihad Awad personally. The lawsuit against CAIR by former clients alleging racketeering, fraud, and breach of fiduciary duties. The lawsuit also alleges that CAIR's corporation status in the District of Columbia was REVOKED. "The organization is no longer a valid corporation," attorney David Yerushalmi said. "The District of Columbia delisted it on Sept. 8, 2008." See also: worldnetdaily.com
5:48
Financial Planner|Investment Advisor|CFP® Professional|Orlando|Roger Johnson
Financial Planner|Investment Advisor|CFP® Professional|Orlando|Roger Johnson
Roger Johnson, CFP®, AIF® discusses "Getting Back to Basics as You Countdown to Retirement" Roger Johnson, CFP®, AIF® has been a CERTIFIED FINANCIAL PLANNER™ practitioner with Certified Financial Group, Inc. since 1999 and has earned the Accredited Investment Fiduciary® (AIF®) professional designation. He is also an investment advisor representative of Certified Advisory Corp, a Registered Investment Advisor with the Securities and Exchange Commission, and a registered representative with TransAm Securities, Inc. Mr. Johnson offers to provide extensive financial planning services, which include retirement planning, estate planning and investment management. In addition to being a co-host for the financial radio program On The Money on WDBO 580 AM, he has been interviewed and quoted by the Money section of the Orlando Sentinel. He has also been interviewed by both WFTV Channel 9 and WFOX Channel 35 and is an active member of the Financial Planning Association of Central Florida. Since 1977, Mr. Johnson has been in the business and financial planning industry, which includes being a research analyst for a Florida money management firm. A 1975 graduate of Norwich University with a Bachelor of Science Degree in Business Administration, his other professional licenses and registrations include: Life and Health Insurance and Variable Annuities license with the State of Florida and a Series 7 and 63 with FINRA (Financial Industry Regulatory Authority) formerly the NASD <b>...</b>
2:13
M&I Calls Police On Peaceful Protestors in Milwaukee
M&I Calls Police On Peaceful Protestors in Milwaukee
Unions and allied organizations held site specific actions at branches and offices associated with Marshall and Ilsely (M&I) Bank at over 30 locations in 6 states throughout the Midwest and Southeast with another demonstration planned for noon today at the bank's downtown headquarters in Milwaukee, WI. In the fall of 2008, M&I Bank received a $1.75 from the Bush Administration's Troubled Asset Relief Program. It subsequently embarked on an effort to support political candidates who chose to demand austerity from some of the same taxpayers whose funds helped "bail out" M&I Bank. Executives at M&I Bank contributed more than any other non-party donor to Wisconsin's Governor Walker in the past election. In fact, campaign documents show that half of their total nationwide donations went to one candidate: then GOP Gubernatorial candidate Walker. Shareholder groups have launched several lawsuits against the proposed acquisition of M&I Bank by the Bank of Montreal. These include charges against executives at M&I Bank for breach of their fiduciary duties to shareholders. The shareholders allege that the transaction is unfair to shareholders by underpricing the shares of M&I Bank, exploiting its loss of value due to the economic crisis. They also allege that Bank CEO Mark Furlong and others violated their fiduciary duties in exchange for positions with Bank of Montreal. First hand reports, covered in various news outlets, have indicated that customers have begun boycotting M&I Bank <b>...</b>
10:21
Mccain/Palin's associations with terrorists & hate groups - Rachel Maddow, Keith Olbermann comment
Mccain/Palin's associations with terrorists & hate groups - Rachel Maddow, Keith Olbermann comment
As a freshman congressman in the early 1980s, John McCain did not disclose his connections to a controversial group that was implicated in a secretive plot to supply arms to Nicaraguan militia groups during the Iran-Contra affair. McCain did not list his service on the board of the US Council for World Freedom on mandatory congressional disclosure forms asking about positions he held outside government. McCains aides said he wasnt required to report the affiliation. Democrats in the past several days have seized on McCains ties to the US Council and its founder John Singlaub to push back against the McCain campaigns increasing focus on ties of Sen. Barack Obama (D-Ill.) to Bill Ayers, a founder of the 1960s radical group Weather Underground. McCain joined the board of the US Council soon after Singlaub founded it in McCains adopted hometown of Phoenix in November 1981 as the US branch of the World Anti-Communist League. The league billed itself as a supporter of pro-Democratic resistance movements fighting communist totalitarianism, but it had also been branded by critics as a haven for extremists, racists and anti-Semites. McCain aides now say he felt comfortable affiliating with the group because Singlaub had taken steps to purge those elements. Singlaub, while a controversial figure, also boasted a storied career as a decorated veteran in World War II and the US conflicts in Korea and Vietnam. He retired from the Army as a major general. But McCain campaign spokesman <b>...</b>
5:26
The Role of the Corporate Board (Part 1)
The Role of the Corporate Board (Part 1)
Richard Levy, chairman of Varian Medical Systems, talks with Jim Balassone, executive-in-residence at the Markkula Center for Applied Ethics at Santa Clara University about what makes an effective board. The board's job is to look after the interests of shareholders, oversee financial performance and compliance, weigh in on strategy, understand risks, and evaluate, compensate and hire and fire the CEO and other senior managers. Effective boards have to understand the traditional compliance and fiduciary responsibilities. But behond that, the board has to add value, to bring a different perspective that managers don't have. For this reason, boards should be diverse. A corporation needs both a heart and a soul. In a person, the heart responsible for day to day survival, but that's not enough. People need to have meaning or soul. Companies are similar. They need to make money but they also need to serve the common good. The board needs to make sure someone is looking after the company's soul.
10:40
Paul Watson Breaks Down BP Oil Spill as A False Flage Event on Alex Jones Tv 1/4
Paul Watson Breaks Down BP Oil Spill as A False Flage Event on Alex Jones Tv 1/4
Evidence Points To BP Oil Spill False Flag Paul Joseph Watson & Alex Jones www.prisonplanet.tv www.infowars.com www.prisonplanet.com Tuesday, Jun 8th, 2010 - Sales of shares and stocks in days and weeks beforehand - Halliburton link, acquisition of cleanup company days before explosion - BP report cites undocumented tampering with well sealing equipment - Government uses disaster to push for Carbon Tax, Nationalization talk Troubling evidence surrounding the Deepwater Horizon explosion on April 20th suggests that the incident could have been manufactured. On April 12th, just over one week before the Deepwater Horizon rig exploded, Halliburton, the world's second largest oilfield services corporation, surprised some by acquiring Boots & Coots, a relatively small but vastly experienced oil well control companies. The company deals with fires and blowouts on oil rigs and oil wells. It was responsible for putting out roughly one third of the more than 700 oil well fires set in Kuwait by retreating Iraqi soldiers during the Gulf War. The deal itself is still under scrutiny with Boots and Coots facing an ongoing investigation into "possible breaches of fiduciary duty and other violations of state law" Where this information gets really interesting is with the fact that Halliburton is named in the majority of some two dozen lawsuits filed since the explosion by Gulf Coast people and businesses who claim that the company is to blame for the disaster. Halliburton was forced to <b>...</b>
5:52
The Stop Trading on Congressional Knowledge (STOCK) Act (2012)
The Stop Trading on Congressional Knowledge (STOCK) Act (2012)
thefilmarchive.org April 4, 2012 The Stop Trading on Congressional Knowledge Act, commonly known as the STOCK Act, is a bill in the United States designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. Insider trading is the trading of a corporation's stock or other securities (eg bonds or stock options) by individuals with potential access to non-public information about the company. In most countries, trading by corporate insiders such as officers, key employees, directors, and large shareholders may be legal, if this trading is done in a way that does not take advantage of non-public information. However, the term is frequently used to refer to a practice in which an insider or a related party trades based on material non-public information obtained during the performance of the insider's duties at the corporation, or otherwise in breach of a fiduciary or other relationship of trust and confidence or where the non-public information was misappropriated from the company. In the United States and several other jurisdictions, trading conducted by corporate officers, key employees, directors, or significant shareholders (in the US, defined as beneficial owners of ten percent or more of the firm's equity securities) must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. Many investors follow the summaries of these insider trades in the hope that mimicking these trades will be <b>...</b>
10:00
Alex's Evidence Points to BP Oil Spill as False Flag Event on The Alex Jones Show 1/3
Alex's Evidence Points to BP Oil Spill as False Flag Event on The Alex Jones Show 1/3
Evidence Points To BP Oil Spill False Flag Paul Joseph Watson & Alex Jones www.prisonplanet.com www.infowars.com www.infowars.net Tuesday, Jun 8th, 2010 - Sales of shares and stocks in days and weeks beforehand - Halliburton link, acquisition of cleanup company days before explosion - BP report cites undocumented tampering with well sealing equipment - Government uses disaster to push for Carbon Tax, Nationalization talk Troubling evidence surrounding the Deepwater Horizon explosion on April 20th suggests that the incident could have been manufactured. On April 12th, just over one week before the Deepwater Horizon rig exploded, Halliburton, the world's second largest oilfield services corporation, surprised some by acquiring Boots & Coots, a relatively small but vastly experienced oil well control companies. The company deals with fires and blowouts on oil rigs and oil wells. It was responsible for putting out roughly one third of the more than 700 oil well fires set in Kuwait by retreating Iraqi soldiers during the Gulf War. The deal itself is still under scrutiny with Boots and Coots facing an ongoing investigation into "possible breaches of fiduciary duty and other violations of state law" Where this information gets really interesting is with the fact that Halliburton is named in the majority of some two dozen lawsuits filed since the explosion by Gulf Coast people and businesses who claim that the company is to blame for the disaster. Halliburton was forced to admit <b>...</b>

