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
09/16/2011 - 11:06

Obama photoAllegations that we first made in February about White House political favors for a company called LightSquared are starting to get the attention they deserve.

LightSquared is owned by the Harbinger Capital hedge fund, headed by billionaire investor Phil Falcone. He visited the White House and made large donations to the Democratic Senatorial Campaign Committee. Soon after, the Federal Communications Commission (FCC) granted LightSquared a highly unusual waiver that allows the company to build out a national 4G wireless network on the cheap.

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Mark Modica
09/15/2011 - 10:25

Akerson and VoltThe story of bankrupt solar company, Solyndra, has turned into a major scandal for the Obama Administration as questions arise about the government's free spending of taxpayer money on failing so-called green initiatives. A $535 million federal loan was initially rushed through for the company as Obama touted Solyndra as being a prime example of how the bold new green-energy driven economy would create jobs while saving the environment. Now the results bring into question how dangerous the green economy strategy may be.

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Paul Chesser
09/14/2011 - 15:49

Rogers photoIt seemed the merger of Duke Energy and Progress Energy into the nation’s largest (by several measures) utility would sail through by the end of this year, but several activists in North Carolina have intervened at the last minute. The moves by environmental groups to extract funds for their pet projects out of the deal would make shakedown artists proud. Among the organizations – who have myriad methods of wringing dollars from taxpayers through lawsuits and corporate campaign-type pressure tactics – are Sierra Club, Environmental Defense Fund, and Southern Environmental Law Center.

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Mark Modica
09/12/2011 - 10:53

Chevy Runs DeepThe weakness of General Motor's management team regarding one of the most basic concepts of car sales has surfaced as the company tries to learn how to effectively market its vehicles. An article on thespec.com points out that GM's "Chevy Runs Deep" ad campaign has not resonated well with consumers. No big surprise there. Management, led by an Obama appointed non-car guy, CEO Dan Akerson, continues to try and sell cars through the use of ineffective ads that focus on patriotism and politically driven themes as opposed to focusing on specific product offerings.

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Mark Modica
09/05/2011 - 11:49

GM logoIt seems that what is new is old again at General Motors. New GM has rehired Old GM executive, Bob Lutz, to advise New GM executives on how to run a car company. Certainly, the new executives could use the help as GM share price has fallen about 40% year to date. While there are some negative aspects of having one of the leaders of a failed company giving advice on how to run the business, Mr. Lutz (unlike current GM leadership) at least knows the auto industry.

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Mark Modica
09/02/2011 - 08:29

Akerson and VoltAugust sales figures for General Motors' much-hyped Chevy Volt came in at a paltry 302 units. While evidence mounts that consumer demand for the Volt is not what it was projected to be, GM continues to blame supply rather than demand for the dismal sales performance. Could the fact that billions of taxpayer dollars are being funneled to GM for production of green vehicles be behind the continued misrepresentation of the Chevy Volt sales performance?

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Carl Horowitz
08/31/2011 - 16:38

Sharpton photoAl Sharpton's newest role - full-time anchorman - is now a reality. The New York City-based black activist, preacher and former presidential candidate launched his MSNBC-TV talk show, "PoliticsNation," on Monday, August 29, six days after the network tapped him for the 6-7 P.M. (EST) weeknight slot vacated in July by Cenk Uygur. The announcement wasn't unexpected. Sharpton frequently had substituted for Uygur. And MSNBC's parent company, Comcast Corp., for years has been a generous donor to Sharpton's nonprofit group, National Action Network (NAN). The elevation of Sharpton, with a long history of demagoguery and financial chicanery, to top-tier media player, for now, is complete. The question is whether "the Rev" is more than a novelty - and whether his hiring represents another case of corporate surrender to a larger political culture.

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Mark Modica
08/26/2011 - 10:32

GM logoFor the better part of a year there have been many assertions that the auto industry was on the road to recovery with optimistic projections of sky-rocketing vehicle sales as consumer demand was to return to pre-recession levels. At the time of General Motors' IPO less than a year ago, many reports circulated implying that the stock would be a sure win. One major financial TV network even started a campaign to have all taxpayers "benefit" by being allowed to participate in the IPO.

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Paul Chesser
08/24/2011 - 12:51

Walmart logoRecently NLPC reported that Walmart’s top “sustainability” adviser, who provided significant help in getting the company’s “Green” credibility with environmentalist groups in gear, was Jib Ellison – a former wilderness expeditionist and river guide, and author of a guide on whitewater rafting. The story of his relationship with Walmart, which began with the introduction of Ellison by Rob Walton (son of founder Sam) to former company CEO Lee Scott, is documented in the new book Force of Nature: The Unlikely Story of Walmart’s Green Revolution by Edward Humes.

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Paul Chesser
08/22/2011 - 11:15

grassy dollar signU.S. Climate Action Partnership members General Electric and utilities Duke Energy and Exelon Corporation are addicted to the politics of gaming environmental regulatory policy so they can make millions off mandates and subsidies, often at the expense to taxpayers and their own customers.

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