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CFOZone Experts

Opinions and views from expert CFOZone members.

perquisites

Mar 03

2011

The war against social terrorism

Posted by Stephen Taub in terrorism, social terrorism, perquisites, pensions, jobs, heatlh care, health insurance, Careers/Management

A civil war has broken out in the US and the main weapon being deployed is envy.

The war is over Other People's Money. It has been raging for more than two years now and is threatening to escalate.

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Jan 13

2011

Two finance execs charged over CEO's perks

Posted by Stephen Taub in Securities and Exchange Commission, sec, perquisites, compliance, Cash

The Securities and Exchange Commission charged a Kansas company that manages government websites, as well as four current and former executives, including two finance executives, for failing to disclose more than $1.18 million in perquisites to the former chief executive officer.

The Commission alleges that NIC filed false and misleading proxy statements, annual reports and registration statements that failed to disclose Jeffrey Fraser's benefits and falsely represented he worked virtually for free from 2002 until 2005, and continued to materially understate the benefits Fraser received in 2006 and 2007.

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