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Related: About this forumHeather Zichal, former Obama energy aide, named to board of fracked gas exports giant Cheniere
http://www.nationofchange.org/heather-zichal-former-obama-energy-aide-named-board-fracked-gas-exports-giant-cheniere-1403362483Heather Zichal, former Obama White House Deputy Assistant to the President for Energy and Climate Change, may soon walk out of the government-industry revolving door to become a member of the board of directors for fracked gas exports giant Cheniere, who nominated her to serve on the board.
The announcement, made through Cheniere's U.S. Securities and Exchange Commission Form 8-K and its Schedule 14A, comes just as a major class-action lawsuit was filed against the board of the company by stockholders.
In reaction to the lawsuit, Cheniere has delayed its annual meeting. At that meeting, the company's stockholders will vote on the Zichal nomination.
The class-action lawsuit was filed by plaintiff and stockholder James B. Jones, who alleges the board gave stock awards to CEO Charif Souki in defiance of both a stockholders' vote and the company's by-laws.
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Heather Zichal, former Obama energy aide, named to board of fracked gas exports giant Cheniere (Original Post)
xchrom
Jun 2014
OP
If not illegal, it's certainly immoral...profiting from one's govt contacts/associations.
CurtEastPoint
Jun 2014
#1
CurtEastPoint
(18,672 posts)1. If not illegal, it's certainly immoral...profiting from one's govt contacts/associations.
xchrom
(108,903 posts)2. it's corruption. and it's such a huge problem in our contemporary age. nt
Nihil
(13,508 posts)3. The "Hope and Change" is just overpowering these days isn't it?
Question: When both parties are openly bought out, how is it that people
are constantly nagged to remember the "important difference" between
the corporate puppets with an "R" after their name and those with a "D" after it?