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.
Paul Chesser
12/19/2011 - 12:45

white Coke can

Fresh from its latest payoff of environoia groups in exchange for their support of their merger, Duke Energy and Progress Energy must return to the drawing board after the second rejection of their proposal by the Federal Energy Regulatory Commission.

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Mark Modica
12/16/2011 - 08:46

Sales for the Chevy Volt have been stagnant and it has become apparent that lack of supply is not the reason. GM CEO Dan Akerson is responsible for tying the success of GM into the success of the Volt by having made lofty claims that the vehicle was, in fact, the future of the company while investing a major portion of marketing dollars to help support the perception. Deception was evident as statements were made that the vehicle was "virtually" sold out and supply couldn't keep up with demand, while evidence surfaced that this was not the case. GM cancelled plans to run a second shift for the vehicle even as it continued the ruse and floated rumors that there were huge waiting lists of purchasers for the vehicle.

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Paul Chesser
12/15/2011 - 07:50

white Coke can

The former head of the Indiana Utility Regulatory Commission, who was fired in October 2010 by Gov. Mitch Daniels for improper contact with top officials at troubled Duke Energy, has been indicted.

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Mark Modica
12/14/2011 - 09:35

Bloomberg reported last week that General Motors will be paying $12 million in additional bonuses to its UAW workers for meeting "quality targets." It's nice to see the holiday spirit of giving at GM. Unfortunately; US taxpayers are not faring as well as Government Motors' politically favored union members.

The Obama Administration still refuses to exit its stake in GM with Treasury serving as Money Manager for the American taxpayers. Geithner and friends continue to gamble on a market-timing strategy to "maximize" taxpayers return on its GM bailout (sorry, "investment.") So, how are they doing?

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Paul Chesser
12/13/2011 - 23:54

Rogers photoIn yet another ploy to overcome opposition to their merger, Duke Energy and Progress Energy agreed with environmental groups last week to a few million more dollars in payoffs for “clean” energy schemes, and to implement energy efficiency programs that would reduce customers’ electricity use by seven percent of retail sales by 2018.

The deal has been planned for months, and when approved by state and federal regulators, will create the largest investor-owned electric utility in the nation. Combined the companies serve residents and businesses in Florida, the Carolinas, Kentucky, Ohio and Indiana.

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Paul Chesser
12/13/2011 - 10:56

white Coke can

Recently NLPC has reported about Coca-Cola’s holiday ad campaign to protect polar bears with donations up to $3 million to the World Wildlife Fund, which was a barely disguised effort to fund environmental pressure groups’ fraudulent global warming fight.

But Coke’s passion to avert climate catastrophism runs deeper than the Arctic ice. The company even has a position statement that says “the consensus on climate science is increasingly unequivocal,” that “global climate change is happening” (everyone agrees with that – it always has changed and always will), and that “man-made greenhouse gas emissions are a crucial factor.”

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Mark Modica
12/12/2011 - 08:51

In January of 2010 USA Today reported that Consumer Reports (CR) temporarily suspended its recommended rating for eight Toyota models. This was in response to the possibility of Toyota models being unsafe as accusations were made that the vehicles had sudden acceleration problems and NHTSA investigated the alleged incidents. In CRs' words, "Although incidents of sudden acceleration are rare, we are taking this action because the vehicles have been identified as potentially unsafe without a fix yet being available to consumers." CRs' response to the Chevy Volt NHTSA fires is quite different from the Toyota response.

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Peter Flaherty
12/10/2011 - 12:45

Phil Falcone photoBillionaire Phil Falcone, whose cozy relationship with the Obama Administration was first exposed by NLPC, may face civil fraud charges by the Securities and Exchange Commission (SEC). According to a filing yesterday by Harbinger Group Inc., Falcone and two other directors have received "Wells Notices," meaning that they are under investigation.

Falcone is the Chairman, CEO and primary investor in Harbinger Group Inc., a hedge fund. Reportedly, other Harbinger investors include Soros Fund Management. Harbinger owns LightSquared, which has received an unusual waiver from the Federal Communications Commission (FCC) to deploy a national 4G wireless network.

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Mark Modica
12/09/2011 - 10:02

Volt in snow phtotoHere's another surprise for Chevy Volt owners. Autoblog reports that General Motors is holding an online chat with Volt owners about winter driving. Part of the chat reveals that, despite the fact that GM claimed the Volt is purely electric for a range of about 35 miles, the vehicle will use gas in cold conditions. GM states, "Please be aware: when starting your Volt in these colder months, in some instances, your gas engine may engage regardless of the state of charge of the battery. This was designed into (the) Volt to generate heat for the battery when temperatures are well below freezing."

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Mark Modica
12/08/2011 - 11:05

You may have heard of the announcement that there will be a congressional investigation into why NHTSA waited six months to notify the public of the crash-tested Chevy Volt which burst into flames three weeks after the crash-test. If you have, it was probably not through mainstream media networks, which seem to be keeping fairly quiet on the story. I have not been able to ascertain a logical reason for General Motors and the Obama Administration's transportation safety agency to withhold reporting the incident.

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