#CorpGov | personal acct per DoDI 5400.17 (posts/reposts/likes are my own and not my employer's - nothing is legal/investment advice)

Boston, MA
Joined November 2019
Via a 220 demand, TOMS Capital says they discovered Voya Financial “lobbied” the SEC to halt their no confidence referendum. #CorpGov $VOYA #CorpGov
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Andrew Droste 🌎 corpgov.substack.com retweeted
OpenAI CEO Sam Altman: "I don't even know a dramatic enough word to use… models can find bugs that are outside of the normal threat model of what we think a hacker can do… hardware-level, insane stuff… I no longer think we're gonna be able to just patch all the bugs." It's over.
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Andrew Droste 🌎 corpgov.substack.com retweeted
Jason is 100% right. Code red. 🚨
as bad as things have gotten in the past 4 days, they are going to get a lot worse before they get better. security leaders, never let a crisis go to waste: please go to your boards and ask for help right now. not for ai, for the basics. (we need to hold on for ~18 months.)
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Andrew Droste 🌎 corpgov.substack.com retweeted
A lot of things seem to be getting hacked
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Andrew Droste 🌎 corpgov.substack.com retweeted
Effective Immediately, all organizations using PHP for their systems are advised to be prepared for an update addressing two critical vulnerabilities. PHP is widely used for web applications. These vulnerabilities often provide a direct path to the server's file system or database. If an immediate update is not feasible, it is recommend that organizations take the system offline until it can be fully mitigated. NSA will follow up shortly with more specific guidance.
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Elon announces SpaceX and Tesla have formed special committees to discuss a potential merger... $SPCX $TSLA #CorpGov
BREAKING: Elon Musk says SpaceX, $SPCX, and Tesla, $TSLA, have formed special committees to discuss a potential merger between the two companies. "I do think there’s a lot of merit to combining the companies as we are pretty much in the superintelligence singularity, and there’s a lot to be gained from cooperating," Musk said. "Do I think it would be a good idea? Yes, but at the end of the day, the shareholders have to be supportive of this," Musk said.
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Andrew Droste 🌎 corpgov.substack.com retweeted
YOU'RE NOT PAYING TAXES FOR THE PROPERTY, YOU'RE PAYING YOUR TOWN FOR THE SERVICES IT PROVIDES. THE ROADS, POLICE, SCHOOLS, FIRE DEPARTMENT, LIBRARY, SNOW PLOWS, EMERGENCY SERVICES AND SO MUCH MORE.
“I’m old. I’ve paid my home off,” said Ray Warner, a 72-year-old Akron resident. “Why would I pay property tax?” Across the country, homeowners are asking the same question and revolting against property taxes at a scale not seen in a half century. politico.com/news/magazine/2…
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Andrew Droste 🌎 corpgov.substack.com retweeted
Crazy WSJ data. Between 2022 and 2025, wealth increased 37% for Americans 75 and older, while **decreased** 23% for people under 35. wsj.com/economy/affluent-and…
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Rare director disagreement resignation filed today: Audit Committee Chair alleges duty of care concerns at Sidus Space, Inc. $SIDU #CorpGov substack.com/@corpgov/note/c…
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Procter & Gamble $PG filed a supplement today reiterating the board’s recommendation that investors vote against the shareholder proposal access resolution. #CorpGov substack.com/@corpgov/note/c…
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SEC won't take action against CA100+ regarding 2021 $XOM proxy contest, but warned asset managers about 13(d)/(g) substack.com/@corpgov/note/c…
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Outdoor Holding Company $POWW is the latest co to win shareholder approval to redomesticate to Texas - 86.8% support #CorpGov substack.com/@corpgov/note/c…
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Shareholder proposal asking for shareholder approval before distributing ‘blank-check’ preferred stock PASSES at General Mills AGM - 63.6% support $GIS #CorpGov substack.com/@corpgov/note/c…
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Andrew Droste 🌎 corpgov.substack.com retweeted
The independent credit rating firm Egan Jones declares It’s Over and that the complete disruption of the economy is now “all but certain” thanks to AI.
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Andrew Droste 🌎 corpgov.substack.com retweeted
HOTEL LOBBY but the beat is Hotel California
if the migos were transported to the 70s and they still made the same music do you think they’d be the most influential group ever
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Andrew Droste 🌎 corpgov.substack.com retweeted
The dilemma: If the Fed hikes it will worsen the interest expense problem (since so much borrowing is at the short end). If the Fed cuts it will worsen the inflation problem.
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Andrew Droste 🌎 corpgov.substack.com retweeted
7.37% mortgage rates
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Governance enhancement proposals by $AMC Entertainment (declassification, special meeting, and written consent) receive overwhelming support; however, all 3 fail to pass due to the maj. of shares outstanding reqt. Also, rare failed Say-on-Pay proposal: 45.3% #CorpGov #CEOpay
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