“Byrdes of on kynde and color flok and flye allwayes together,” wrote William Turner in 1545. If he were with us today, the author might construct an interesting Venn diagram representing the activist birds scheduled to testify tomorrow before the Securities and Exchange Commission. But, rather than briefly overlapping sets of circles, the SEC witnesses for greater corporate “disclosure” comprise one giant bubble of activists seeking to circumvent the U.S. Supreme Court Citizens United ruling, including Laura Berry, executive director, the Interfaith Center on Corporate Responsibility.
Berry joins a gaggle of like-minded individuals who somehow think the country benefits from forcing “publicly traded companies to disclose their political spending,” according to a joint Public Citizen’s Congress Watch/Columbia Law School Public Affairs media advisory. Among Berry’s peeps clamoring for tightening SEC rules are Heidi Welsh, Sustainable Investments Institute; Pat Doherty, Office of the New York State Comptroller; and Sen. Elizabeth Warren (D-Mass.). (more…)