EPA Issues New Standards For Coal-Burning Plants : NPR.
http://www2.guardian.co.tt/business/2011/02/06/themes-energy-conference-2011
EPA Issues New Standards For Coal-Burning Plants : NPR.
http://www2.guardian.co.tt/business/2011/02/06/themes-energy-conference-2011
“Parliament was misled”
– Whittingdale, MP. NYT.
“Ethics to me are very important”
– Saudi prince Alwaleed bin Talal bin Abdulaziz al-Saud, New Corp.’s second largest investor, less than 12 hours before the resignation of Rebekah Brooks, CEO of News Corp.’s British newspaper operations
“Writers write them for reasons that usually have a little to do with money and not as much to do with masochism as you might think. There is real satisfaction in a story deeply told, a case richly argued, a puzzle meticulously untangled. (Note the tense. When people say they love writing, they usually mean they love having written.)”
“Let’s Ban Books, or at Least Stop Writing Them”
Bill Keller
July 13, 2011
“Many Russians find it difficult to acknowledge that their country can no longer take care of all its children.”
The Economist recently interviewed Nancy Lublin, who founded Dress for Success and runs dosomething.org, about nonprofits. I disagree with the way Nancy characterizes one piece of advice that she gave to her listeners. She suggests, toward the end of the interview, that nonprofits do a good job of breaking out their SG&A, the sales, general and administrative costs that they incur as part of their normal operations, whereas for-profits are opaque and report them as one lumped category.
First, if a for-profit’s financial statements to the SEC, the 10-K and the 10-Q, do not break out SG&A, that does not mean that the company does not break out these costs in internal memos to its employees. Companies could, and I am sure that some do, explain some expenses internally at a greater length than they explain them to outsiders.
Second, the extent to which nonprofits must break out their administrative expenses on their 990 forms to the SEC is regulated by law. The detail into which nonprofits go, therefore, is not necessarily the detail to which they would have liked to go if they had been given the choice.
Third, I doubt that many nonprofits distribute the 990s to their employees, teach them how to read those forms, or even that all employees of large nonprofits are aware that these forms exist. These forms are not the most complex financial disclosure documents, but they do require a level of financial literacy to understand (plus one must know where to find these forms). Therefore, it is not necessarily the case that nonprofit employees know how much their organization spent on, say, postage, as Nancy Lublin claims.
Overall, although greater financial disclosure does offer some benefits — such as keeping runaway spending in check — nonprofits are not the shining beacon of financial disclosure that Nancy, for a brief second, made them appear to be.
A friend recently published an excerpt of his upcoming law review article:
Will a US court case set right South Africa’s apartheid past?
Julian Simcock
June 24, 2011
Christian Science Monitor
The efforts of Professor Chilbi Mallat to offer constitutional options to Middle Eastern regimes that teetered on the verge of regime change were recently published. Professor Mallat gathered students from across the Tufts and Harvard communities to work on documents that explored the potential movements toward democracy that were available to Egypt and Bahrain by amendment to their respective constitutions. I participated in the Bahrain effort, the results of which were recently published in the Virginia Journal of International Law. The organization Right to Nonviolence published the background papers that are associated with the final paper (I helped prepare the backgrounder on the constitutional changes to the Executive Branch.) Although the entry of Saudi forces into Bahrain several months ago aborted that country’s constitutional moment, the exercise offered an incredible window into the practice of advising on constitutional reform.
Journal’s entry description: http://www.vjil.org/articles/constitutional-options-for-bahrain
Publication: http://www.vjil.org/assets/pdfs/vjilonline2/Gelbort_Mallat.pdf
Backgrounders: http://www.righttononviolence.org/index.php?option=com_content&view=article&id=98&Itemid=45