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Washington
Inside Washington (08/26/2010)
* WASHINGTON (8/27/10)--The Securities and Exchange Commission (SEC) this week voted to increase shareholder influence over corporations by approving rules that will force corporations to print the names of shareholder board nominees on corporate ballots. Shareholders currently must pay for the mailing of separate corporate ballots. The result is a boon to labor unions and pension funds that have agitated for greater corporate responsibility and responsiveness. However, the result has been decried by businesses and Republican members of the SEC board… * NEW YORK (8/27/10)—The Federal Reserve has requested a 90-day delay on a ruling that would require it to release documents related to borrowing from its discount window and other lending programs used during the recent financial troubles. As reported in The Wall Street Journal, a Fed representative said that the stay was needed to “permit the board to consult with the Department of Justice regarding an appeal to the Supreme Court." Both Bloomberg News and Fox Business Network sought access to the documents in separate court cases brought against the Fed…


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