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Business Roundtable spends $1.8 million fighting shareholder rights
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Posted on
May 22 2008 6:51 AM
by
adeal
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The Business Roundtable is one of the most powerful forces in America that most people have never heard of. Comprised of the CEOs of some of America's largest companies, the group is ostensibly a "pro-business" advocate. In reality, it's often behaved like more of a "pro-CEO of large company" advocate. The Associated Press reports that the Business Roundtable spent $1.8 million on lobbying in the first quarter, including efforts to convince members of Congress to oppose providing shareholders with an advisory vote on executive pay. Pro-business indeed.
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