Posts by nader

By Ralph Nader and Marc Rotenberg Last week the Federal Trade Commission scheduled two days of hearings to explore new challenges to consumers in the digital age. The hearings were heralded by incoming chair Joe Simons as the first comprehensive review of the consumer agency’s role in almost two decades. The only problem is that…

Chairman Charles Grassley Senate Judiciary Committee U.S. Senate SH-135 Hart Senate Office Building Washington, DC 20510 Dear Chairman Grassley: It’s been a while since our spirited meeting in your office after you came back from a meeting where Senators Schumer and Kerry were defending the “carried interest” tax escape and you amusingly asked, “Why are…

President Donald Trump The White House 1600 Pennsylvania Ave NW Washington, DC 20500 Dear President Trump: It has become overwhelmingly clear that your Administration has supported with arms sales, refueling, daily operational logistics and other ways and means the governmental actors opposing the rebels in the Yemeni Civil war. The bombing raids and blockades combine…

May 9, 2018 Dear Member of Congress: Colossal CEO pay harms employees, impedes economic growth, and is a major cause of income inequality in America. CEO pay will continue to skyrocket unless it becomes a major political issue. You have been a consistent critic of excessive CEO compensation. We hope you will consider one proposed…

May 1, 2018 To: Members of Congress From: Ralph Nader, Consumer Advocate Paul Hudson, President, FlyersRights.org We are writing in reference to the airline industry’s influence on members of Congress and how such influence may be manifested through gifts, discounts, perks, and VIP treatment. Such disclosure is critical because Congress wields major authority over the…

May 1, 2018 The Honorable Jeff Sessions Attorney General U.S. Department of Justice Robert F. Kennedy Building 950 Pennsylvania Ave., N.W. Washington, D.C. 20530 Re: Corporate Crime Database and Annual Report Dear Attorney General Sessions: The U.S. Department of Justice (DOJ) has been clear about the dangers posed by corporate crime. In its strategic plan…

Mark E. Ojakian, President Connecticut State Colleges and Universities 61 Woodland Street Hartford, CT 06105 April 11, 2017 Dear President Ojakian, News reports regarding the Board’s plan to centrally consolidate the administrative and operational structures of the system’s state colleges, including the community colleges, raise troublesome questions: Those persons who spoke or wanted to speak…

Dear Fund Managers, Active money managers are well advised to avoid investing in companies that overpay their CEOs and engage in massive buybacks. But passive investors make no judgments about CEO pay (or most other issues) before investing. The desire to simulate an index drives investment decisions. Nonetheless, it is still in your self-interest to…