Monday, December 21, 2009

Senator Sanders and Colleagues Propose New, and Effective, Ideas to Save American Jobs

We wanted to share with everyone the following press release which was sent out by The ESOP Association this morning about new pro-ESOP legislation introduced by Senator Bernard Sanders [I-VT] on December 18, 2009.   Senator Sanders and Colleagues Propose New, and Effective, Ideas to Save American Jobs   December 21, 2009 (Washington, DC) – The ESOP Association praised legislation introduced Friday, December 18, by Senator Bernard Sanders [I-VT], and co-sponsored by three...

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Posted by ESOP at 11:40:58 AM in Government Affairs (68) | Comments (0)

Friday, December 18, 2009

Spreading the ESOP Message: Peer to Peer

While the Employee Ownership Foundation is involved in numerous projects to share the idea of employee ownership with the non-ESOP world (such as the Steve Sheppard Speaking Tour, the General Social Survey, and Fellowship Programs), we also recognize that ESOP advocates promoting the ESOP message at meetings and conferences of their peer groups is an important, and effective way, to spread the word. Some might call it ESOP “missionary work” with tongue in cheek, but when a lawyer,...

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Posted by ESOP at 11:04:51 AM in ESOP Message (39) | Comments (0)

Wednesday, December 16, 2009

Open Book Management

On The New York Times website, there is an interesting discussion about Open Book Management on the Times’s You’re the Boss Blog. The post is written by Jack Stack, CEO of SRC Holdings in Springfield, MO. SRC Holdings is an ESOP and a member of The ESOP Association.   The topic of open-book management comes up often in the ESOP world. Does your company open the books to employee owners? 

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Posted by ESOP at 10:35:17 AM in News Link (17) | Comments (0)

Thursday, December 10, 2009

A Tribute to John Logue

Dr. John Logue of Kent State University and the Ohio Employee Ownership Center passed away December 8, 2009 shortly after a cancer diagnosis. We are saddened by the loss of not only a great leader in the employee ownership community but also a good friend.   For those of you who knew John, he was a steadfast proponent of ESOPs and employee ownership and his work has led to the creation of new jobs and the preservation of companies in Ohio that would have otherwise closed.   We...

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Posted by ESOP at 2:22:09 PM in Blog / MISC (16) | Comments (0)

Friday, December 04, 2009

Disappointing and Out of Date Frame of Reference

Well, the White House held its much ballyhooed Jobs Summit yesterday. It made the news, both TV and print, but it did not make much of a splash. There are several reasons why, in my view, but one is it was the same-o, same-o, and in some respects a step backwards.   President Obama and his team put together the usual suspects to “analyze” and “brainstorm” on the American economy. The Administration feels that CEOs of big multi-national corporations,...

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Posted by ESOP at 2:45:56 PM in Government Affairs (68) | Comments (0)

Tuesday, December 01, 2009

ESOPs and Retirement Policy Debate

The following letter to the editor was sent to Tax Notes by Corey Rosen, the Executive Director of the National Center for Employee Ownership in Oakland, CA. The letter appeared in a November issue of Tax Notes. Corey shared the letter with us and we are featuring it here on the blog.   The letter was in response to an article which appeared in the October 19, 2009 issue of Tax Notes titled, “Repeal Tax Incentives for ESOPs” by Andrew Stumpff and Norman Stein.  The...

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Posted by ESOP at 4:31:07 PM in Retirement Issues (4) | Comments (0)