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Jan 11, 2014

New York’s Pension Muscle

When the United States Supreme Court issued its flawed 2010 decision in the Citizens United case, unleashing millions of dollars in corporate spending on political campaigns, there seemed to be one small prescription for relief. Justice Anthony Kennedy, writing for the majority, noted that prompt disclosure of political expenditures would allow stockholders and citizens to hold corporations accountable. Shareholders, he said, could determine whether the corporation’s financing of campaigns “advances the corporation’s interest in making profits.”

Jan 8, 2014

New York comptroller questions AT&T surveillance report plan

A plan by AT&T Inc to explain how it shares some customer information with government agencies may not be enough to restore public trust, an attorney for New York State Comptroller Thomas DiNapoli told securities regulators in a letter provided to Reuters on Wednesday.

Dec 5, 2013

NYS Comptroller to Olympic Sponsors: Condemn Russian Anti-Gay Laws

Ten major Olympic sponsors from Coke to Dow Chemical –– none of which has acceded to calls that they speak out forcefully against Russia’s laws making it a crime to be gay in public –– are now being pressured by the $161 billion New York State Common Retirement Fund, led by Comptroller Thomas DiNapoli, to do that and more.

Oct 8, 2013

Keep our leaders honest

Douglas Adams in the “Hitchhiker’s Guide to the Galaxy” series offered a twist on the social phenomenon known as the bystander effect, describing it as “something that we can’t see, or don’t see, because we think that it’s somebody else’s problem.”

Aug 15, 2012

State Controller Thomas DiNapoli issues a scathing report on the Thruway Authority, says it must find a way to control its expenses, which have jumped 36% over the last decade, before it hikes tolls

“Too often in the past the Thruway has pushed costs and difficult decisions to the future by raising tolls or borrowing,” DiNapoli said.