Freedom Frontier isn’t any small-time advocacy outfit. It’s a part of an influential network of darkish cash groups that funnels donor cash into elections nationwide and is clustered round an Ohio lawyer named David Langdon. The network, by design, defies easy clarification—there are nonprofits that fund PACs that fund campaigns, a constellation of blandly named entities linked by the identical few legal representatives. But what is obvious is that such teams have develop into an invaluable weapon in elections. They enable candidates to maintain a decent distance from destructive ads, which voters dislike. In addition, nonprofits like Freedom Frontier—so-known as 501(c)(four)s—are permitted to conceal the identity of donors. Their primary objective is meant to be difficulty-oriented, quite than political, but violations are laborious to prove and barely penalized.
The stress to ship speedy returns became relentless. When stocks were long-term investments, shareholders let CEOs spend cash on issues like worker advantages as a result of they contributed to the company’s long-term health. As soon as buyers misplaced the power to look beyond the following earnings report, nevertheless, any transfer that didn’t increase brief-term income was tantamount to treason.
When HSBC known as Mike in for an interview in early 2011, he knew virtually nobody employed there and had trouble picking up any color concerning the group. HSBC wasn’t like Morgan Stanley or Lehman Brothers or any of the other banks the place he’d labored. It had $2.5 trillion in whole property, practically thrice more than Goldman Sachs, but the culture was insular, bordering on impenetrable. Most promotions got here from within. Some senior managers had even gotten their start as tellers.
When Benjamin and Sara Netanyahu go to Washington, they wish to go out for walks in metropolis parks, a luxurious they rarely avail themselves of in Israel. Generally, they convey Bibi’s senior aides along for secretive coverage discussions. Netanyahu refuses to have such conversations on the Blair Home: There is all the time a chance that somebody is listening.
Although the federal Medicare regulator can’t impose fines, in some situations native well being officials can take motion towards an offending hospice below state law. In 2011, Unity paid $9,000 to settle an administrative grievance brought by the Indiana health department associated to violations – a sum it efficiently fought to have decreased from $18,000.