Corporate Integrity Project

Scandals involving Enron, Tyco, Global Crossing, Boeing and WorldCom have shaken confidence in America's corporate leaders. NLPC seeks to promote integrity in corporate governance, including honesty and fair play in relationships with shareholders, employees, business partners and customers. In doing so, NLPC places special emphasis on:

  • Asserting that the social responsibility of the corporation is to defend and advance the interests of the people who own the company, the shareholders. True responsibility is fidelity to one’s own mission, not someone else’s, or someone else’s political agenda.
  • Exposing the seeking of influence on public officials by corporations, which is the inevitable result of high levels of government spending and intervention in the marketplace.
  • Combating practices that undermine the free enterprise system, including philanthropic giving to groups hostile to a free economy.
Peter Flaherty
04/11/2016 - 10:32

Another Clinton Foundation donor with ethics problems received a loan from the Overseas Private Investment Corporation (OPIC) while Hillary Clinton was Secretary of State. This time, the dollar amounts are gargantuan, and the recipient is at the center of a corruption scandal in Pakistan.

According to a report in the Washington Free Beacon by Alana Goodman,  a Middle Eastern investment firm called The Abraaj Group has contributed $500,000 to $1 million to the Clinton Foundation. Abraaj owns and manages a utility company named K-Electric in Pakistan. That country’s former oil minister,  Asim Hussain,  has been arrested for providing illegal favors for K-Electric and harboring Islamic terrorists in hospitals he owns. From the article:

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Mark Modica
04/06/2016 - 07:35

General Motors recently reported lackluster sales results for the month of March. GM share price took a hit on the news, but there is one fast-growing area of sales for the company that is outperforming other segments. Government sales for GM rose 55% in March and capped off a first quarter that saw government sales increase 23% over the prior year.

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Paul Chesser
03/31/2016 - 15:23

A move by lawmakers in the state of North Carolina, which overturned a Charlotte ordinance that allowed individuals who claimed to be transgendered to use public rest rooms and shower facilities of their choosing, has drawn criticism from dozens of major corporations.

The City Council in February ordered that all public buildings, including schools, must permit persons to legally access rest rooms matching their gender “identity,” regardless of their biological sex. Even more tyrannical, the government decreed that all private businesses must make the same accommodations. As a result, the North Carolina General Assembly called a special session to pre-empt the April 1 implementation of the Charlotte ordinance, while at the same time allowing for businesses and local agencies to determine their own policies free and independent from the diktat.

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Ken Boehm
03/23/2016 - 09:58

We are asking Federal Trade Commission (FTC) Chair Edith Ramirez to address “contradictions” in testimony she gave to the Senate Judiciary Committee on March 9 regarding the FTC’s dropping of an antitrust action against Google in 2013.

The request points to a variety of evidence obtained through open government laws that suggests that Ramirez and other FTC officials have unusually close relationships with Google, and that those relationships may have helped the company avoid antitrust action.

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Mark Modica
03/21/2016 - 08:36

The Wall Street Journal recently reported that General Motors has paid over a billion dollars in cash and stock to acquire Cruise Automation, a San Francisco startup company that designs self-driving software. The technological and regulatory obstacles facing autonomous driving development are huge, but don’t expect that to stop GM from throwing billions of shareholder dollars at the latest hyped wonder-technology.

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Carl Horowitz
03/18/2016 - 12:39

The American network of demagogues known as Black Lives Matter normally aims its venom at those here who get in its way.  But the group also acts globally.  Operating on the old adage, “The enemy of my enemy is my friend,” this instant mob service is forging ties with a worldwide anti-Israel campaign, Boycott, Divestment and Sanctions, or BDS.  Claiming the high moral ground, BDS is committed to the destruction of Israel in the name of "justice" for neighboring Palestinian Arabs.  It views Israel much as Black Lives Matter views America:  a white colonial occupation force oppressing “people of color.”  The two groups are a match.  Yet their political synergy is dangerously naïve.   

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Peter Flaherty
02/29/2016 - 07:53

A watchdog group is asking for an investigation of David H. Stevens, a former Federal Housing Administration (FHA) official, who currently serves as President and CEO of the Mortgage Bankers Association (MBA).

The National Legal and Policy Center (NLPC) today asks in dual requests to the U.S. Attorney for District of Columbia, and the Inspector General of the Department of Housing and Urban Development, that Stevens be investigated for possibly violating the statutory one-year ban on having contact with his former agency, as well as the lifetime ban on having contact with officials on matters on which he worked while in government. Click here to download a copy of the requests.

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Mark Modica
02/25/2016 - 09:54

“Fool me once, shame on you; fool me twice shame on me.” That is a cliché that investors should keep in mind if they are considering buying into General Motors’ latest debt offering. In fact, holders of GM common stock should also assess the growing similarity that New GM has with the bankrupted Old GM.

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Carl Horowitz
02/18/2016 - 13:07

When the curtain rises on the 88th annual Oscar film awards next Sunday evening, February 28, tens of millions of TV viewers, along with attendees at the Dolby Theater in Los Angeles, will feel extra pangs of anxiety.  For the focus this year is as much on race as it is on who will win.  From the time of the announcement of the 20 acting nominations on January 14, racial grievance hustlers, from Al Sharpton to Jesse Jackson to scheduled emcee Chris Rock (in photo), have hectored the Motion Picture Academy over the nominees being all white.  This, they say, proves racism is rampant and that “reforms” are needed.  Don’t believe them.  Their facts are selective.  And their goals are money and power at the expense of integrity of judgment. 

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Mark Modica
02/03/2016 - 10:18

Here’s one that wasn’t hard to see coming. General Motors has announced that it is ending production of the Cadillac ELR, which was essentially a gussied up Chevy Volt at twice the price. You can call this one a mercy killing as the overpriced, pseudo-green, government-subsidized vehicle was doomed for failure as low sales figures reflected the lack of value offered by the vehicle. That failure was predicted here back in December of 2013 when the ELR was rolled out.

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