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UD in the News Baltimore Sun A story in the Sept. 24, 2003, issue of the Baltimore Sun concerning the aftermath of Hurricane Isabel includes the experiences of University of Delaware sociology professor Margaret L. Andersen, who “was struck by the way people in her community south of Elkton pulled out generators and attempted to re-establish the normal social order.” The story says that people “ran extension cords into neighbors' homes so they could share the power. One offered a standing invitation for showers to everybody without generators - and therefore without water. Another made coffee for the neighborhood each morning.” Andersen went without electricity until Monday evening, although a neighbor provided her a generator to keep her refrigerator running. “Of course we couldn't buy a generator anywhere,” Andersen told the Sun, ‘though you can probably believe we will now.” Sacramento Bee Two large and powerful California public pension funds are calling for New York Stock Exchange reforms, asking the organization to divide its regulatory and business roles, according to the Sept. 24, 2003, Sacramento Bee, which quotes Charles Elson, Edgar S. Woolard Jr. Chair and director of the John L. Weinberg Center for Corporate Governance. Elson told the newspaper that the New York Stock Exchange and other stock exchanges see the funds as the voice of the investor. "They represent large trading positions on the exchange. They're an important voice. Their influence has certainly grown," Elson said. The New York Times A page ine story in the Sunday, Sept. 21, 2003, issue of The New York Times on the role of boards of directors in recent corporate troubles quotes Charles Elson, Edgar S. Woolard Jr. Chair and director of the John L. Weinberg Center for Corporate Governance. “Go back to all those corporate scandals, and it all comes down to a board that missed warning signals,” Elson told the Times. “The question is why, but the answer is easy. They were conflicted. And the same thing happened at the New York Stock Exchange.” To learn how to subscribe to UDaily, click here. |
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