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Leaked Memo: The Corporate Board Rooms Fear the Occupy Movement Occupying Their Board Rooms Targeting Individual Executives

October2011.org / Special Report
Published: Wednesday 19 October 2011
As the Occupy Wall Street (OWS) protesters are hitting the streets worldwide, another movement is quietly unfolding online: OccupyTheBoardroom.org (OTB)
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Below is a memorandum leaked to the Freedom Plaza occupation of Washington, DC that comes from a corporate consultant and shows the fear they are developing of the Occupy Movement.  The memorandum from Fay Feeney, a member of the National Association of Corporate Directors, describes how corporations should prepare to combat the Occupation Movement.

Corporations fear their leaders being held personally accountable for the actions of concentrated corporate interests.  They especially fear their names and addresses being known and their board rooms being invaded by OccupyTheBoardroom.org.

Feeney suggests: "board members and corporate counsels prepare themselves for a bumpy ride by future-proofing their companies."  Among the steps taken to protect themselves is to use social networks to gather intelligence so "board chairs and CEOs should always remain one step ahead in protecting their boardroom."

These executives should be afraid.  There is a legitimate anger at the unfairness of the economy.  Where the 400 wealthiest Americans have wealth equal to 154 million Americans, while paying an average of 17.4% in federal taxes.  Many working Americans pay double that rate.  The unfairness in the economy and economic insecurity of Americans is energizing this movement and people will want those who collapsed the economy for their personal and corporate profits to be held accountable.

Kevin Zeese

I’ve been watching the Occupy Wall Street for implications on the boardroom. This weekend a site was launched called Occupy the Boardroom. I’m sending you a recent article from Corporate Secretary Magazine that contains guidance on this issue. I’ll be keeping an eye on this movement at www.riskforgood.com/blog.

Occupy Wall Street Moves to The Boardroom

Here’s what corporate counsels, board chairs and CEOs should know.

As the Occupy Wall Street (OWS) protesters are hitting the streets worldwide, another movement is quietly unfolding online: OccupyTheBoardroom.org (OTB).

The new coalition surfaced on Saturday with the intention of delivering the messages of those who were hurt by the recession to the CEOs of top financial institutions such as Goldman Sachs, Morgan Stanley and Wells Fargo. There are currently over 200 CEOs listed on the website, including Lloyd Blankfein, chief executive of Goldman Sachs, Vikram Pandit, CEO of Citigroup, and Mukesh Ambani, a Bank of America board member.

‘The 1 percent have addresses. The 99 percent have messages,’ the website says. The idea is the ‘1 percent’ reflects board members while the 99 percent are those willing to have their voices heard. Users can access a list of CEOs and share their stories regarding bankruptcy, job losses and unfair treatment. According to OTB (which claims it has the contact information for all members listed), prizes will be awarded to ‘the best, funniest and most revelatory interactions.’

Moreover, the website promises to ‘hand-deliver’ the stories to the executive selected by a user. All messages, videos and images will be publicly viewable.

The coterie has already received close to 2,300 tweets and 5,000 ‘likes’ on Facebook.

‘The anger, frustration and collective voice is too large to ignore,’ says Fay Feeney, a corporate board consultant who provides board chairs with advice on ways to improve boardroom performance. ‘This [OTB website] is personal and targeted to what you earn (along with power and influence) [and] banks are among the first businesses to be called out, occupied and disrupted.’

As the OWS protests continues to morph into a massive movement, Feeney suggests that board members and corporate counsels prepare themselves for a bumpy ride by future-proofing their companies:

i. Get your crisis communication plan ready – protect your reputation and brand

ii. Get OWS on your risk map and board agenda. Evaluate the business opportunity and assess the impact on your business strategy, competitors, clients, employees and on your CEO and directors.

iii. Take action now! It is not too early to begin counteracting the impact this movement could have on your business.

iv. Listen: By using social media, you can begin to gather business intelligence specific to your business.

Protests can spin out of control, and with real time data processing from Twitter, Facebook and other social networking sites, getting a message across is now faster than ever. Governance professionals, board chairs and CEOs should always remain one step ahead in protecting their boardroom, Feeney says.

***********
Article by Aarti Maharaj

Published at http://www.corporatesecretary.com.

Please call me at 310-372-0591 or email me at fay@riskforgood.com to accelerate your boardroom to take action on this issue.

All the best,

National Association of Corporate Directors

Risk for Good helps board chairs and lead directors navigate the disruption to their business from a social, mobile and global world.

Today’s minefields can cost your company: time, money and goodwill. Risk for Good works with your board to evaluate your exposure and leverage the opportunity from: social media, corporate social responsibility, sustainability, board composition, succession and the multitude of other areas where your board needs to manage emerging risk.

Modern boardrooms address these questions before others demand a “comply or explain” response. We use the quiet in our client’s boardroom to prepare thoughtful answers to today’s tough business questions.

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Great thinking! That really

Great thinking! That really beraks the mold!

Thank you for this useful

Thank you for this useful link. It is VERIFIABLE references exactly such as what you have provided, which help everyone the most, as we all sort through this movement.

The url in your message was cut off. I am providing it again, in the event it can be included in full for faster, easier locating:

http://insideinvestorrelations.com/articles/corporate-governance/18519/o...

Bionicknight: This comment

Bionicknight: This comment hits the nail on the head. Thanks for the list of how we the people have been taken (the list goes on) and the powers that be do not care . . . actually never did care. They want the peasants to remain peasants to serve them, hoping we would never catch on to their game. Game is over!!!!

60cents! So much! Many women

60cents! So much! Many women in Bangaladesh are working for 11cents an hour for the US corporations' garment industry . The children are probably labouring for even less. How can US citizens who want a real job compete with that?

You have clinched the

You have clinched the problem, imo. How do we get this message to the powers that be who still don't get it?

They should be terrified.

They should be terrified. These greedy bastards betrayed everything. From there Country, its people to there own shareholders and sound business practices. Even the 53%-ers, who are 52% of the 99, will pay the taxes for two generations for there bailout. Ultamatly the top will have debaised the currency they stole so much of. There not capitalists, there evil people.

I am glad to hear that the

I am glad to hear that the corporate bastards are starting to sweat and to lose sleep, just like the folks who can't pay their mortgages, their student loans or their credit card debt. I love the smell of pig-sweat in the morning--it's the smell of victory!

The gigantic hole in our

The gigantic hole in our democratic -capitalist system is making our own stuff. Everything! That employs the blue collar worker who then needs the white collar worker who then needs the manager,the lawyers,accountants and the penthouse executives. We still have the wealth class but the rest of us go back to doing fine. Of course the bottom gets a generous wage which is immediately spent on products and the top is satisfied with enough wealth to live beautifully but not to hoard for no logical reason. Leave billions to your kids? guarantee their ruin. No more container ships chugging pollution into the air and let every Country use the same model-pay the bottom generously and see the money come back to the wealth class cause the bottom spends what they make.

Kevin Zeese where do you get

Kevin Zeese where do you get your figures from? Many Americans pay a federal tax rate of 34.8%. Dont you think you would serve your purpose better by saying the super rich are the subject of the biblical verse Matthew 19:24? Use facts and precise language to get your point across not inflammatory claims based on your fudging the facts.

Yes, many do pay at higher

Yes, many do pay at higher tax rate and the majority are not in the 1% or even the 10%, and this group owns 80% of the wealth. The bottom 80% of the people own only 7% of the wealth, but these are the people who does the work and their output is the highest it has been but they are being paid less than what they made 30 years ago and they pay more taxes now. In the 1950's the top earners were taxed at a 91%, in the 1970's it was in the 70%. The top 1% income goes above a million a year ($15,000 daily) and due to loopholes and financial instruments they pay on a much lower level. The top 1% are taking in more of the nation's wealth/income then any other time since the 1920's, you know durning the robber baron period.

"Use facts and precise

"Use facts and precise language to get your point across" and you quote the bible? Shill. I think what Mr. Zeese is trying to say is that these "super rich" aren't paying taxes on most of their money (such as the GIANT CEO bonuses), and company investments/interests. Before you go insulting the writers, why don't you educate yourself... Or just go back to being a sheep and keep on bleating at Fox news and other MSM outlets. Shilly-shill-stoferson.

We have been brainwashed to

We have been brainwashed to believe that the US Gov. has the people's best interest at heart therefore we have created multi generations of passive people who do nothing. We have given up so many of our rights and the sad part is most people don't even realize what they have voluntariarly given away. But the government has been very sly .

We have been brainwashed to

We have been brainwashed to believe that the US Gov. has the people's best interest at heart therefore we have created multi generations of passive people who do nothing. We have given up so many of our rights and the sad part is most people don't even realize what they have voluntariarly given away. But the government has been very sly

What's the issue? Profits are

What's the issue?
Profits are Capitalist where the losses are Socialist!
Those who accepted the bailouts owe us the profits and should be under our control. Those who did not take the bail outs owe us NOTHING for we have not investment in them.

PLEASE don't let us drop this

PLEASE don't let us drop this momentum, if we do, they win and we all lose. Get off the couch get involved, support or join the protest in any way that is your expression of support....and be mad as hell, and STAY mad as hell until sanity reins and we become who we say we are in this world!

Are you truly asking

Are you truly asking questions or are you using terms from your ownconfusion or ignorance? Your assumptions under the terms "capitalist/socialist" are labels that don't express anything except concepts. This movement is so much more than what you expressed in terms of "profits". It's more about the idea and notion that we are ALL in this together...so if you need clarity, that's the issue...no elite and peasant...we're all in this together!

Keep up the pressure; this

Keep up the pressure; this may become a positive movement toward change.

I'll echo the calls for 'show

I'll echo the calls for 'show the whole thing, not the spin'.

We have now edited this story

We have now edited this story to include the full body of the original email.

I support change and the OWS

I support change and the OWS movement. However, I think we'll hold more power if we keep the stories we present as credible and fact-based as possible.

This does not appear to be a "leaked internal memo" sent by Faye Feeney to executives in a panic, but an article on Inside Investor Relations that was tweeted by Feeney earlier today. Now, she may have sent that on to specific CEOs, but I'd be hesitant to accept that without the original document.

You can view the article here: http://insideinvestorrelations.com/articles/corporate-governance/18519/o.... It shows it was published by Aarti Maharaj.

Joshua, we have edited this

Joshua, we have edited this story to include the full body of the original email.

ONE MORE IDEA -- TO U.S.

ONE MORE IDEA -- TO U.S. CORPORATIONS: BRING HOME ALL THE JOBS YOU STOLE FROM U.S. CITIZENS AND GAVE TO OTHERS FOR .60CENTS/hr OVERSEAS RUINING COUNTLESS CAREERS AND LIVES. PLEASE DO SO BEFORE YOU ARE FORCED TO DO SO BY A REVOLUTION.

So typical of corporate

So typical of corporate America and its consultants. Not a memo that says "Look, there's a problem here and as Directors you need to think about what your companies can do to solve the problem." No, their response will always be self-serving: "Look, there's a problem here, and as Directors you need to think about how you and your companies can cover your asses." That is why OWS is so important.

yeah - not only covering

yeah - not only covering their behinds, but what I read suggests that they're also looking for MARKETING opportunities - like, their "branding" might include some 'simpatico' with the Occupy message!! They're parasites, who are willing to continue eating until their hosts (us 99'ers) are sucked completely dry.

Let’s wake up America! The

Let’s wake up America!

The 1% of Piratical Capitalists are strangling the other 99% of Americans and the rest of the world to death!

I’m sick and tired of the Democrats, the Republicans, the tea party, and the news media!
I’m sick and tired of listening to incessant political nonsense while we the people, are losing everything!

Are we supposed to remain passive while we lose our jobs, our homes, our families, our health, our savings, our future, and our lives!? Are we…really!?!?! Do you people out there want to let this happen!?

Are we just supposed to lie down and die?! Sure, the elite rich would love that wouldn’t they? If we’re dead, then we can’t cause any trouble. If we’re dead, then we can’t come after them!

We’ve been blind and passive way too long. We keep dancing around the real solution here, while the rich pay off our politicians and the courts to stay free and so they can repeatedly rape us!

No-way, it’s time we put a stop to this! They need a lesson here. Unfortunately, the American Revolution, the French Revolution, and the Russian Revolution were necessary because the royals and elite rich just never did get it. They didn’t care that millions of people were being hurt or dying because of them.

We have that same exact international situation right here…right now. We’re not dead yet, and there are millions and millions of us around the world. And that, is POWER!

People, we are in the midst of a Global Revolution! It’s happening now and it’s time we pulled these arrogant royals off of their thrones. Yes people, it’s time it got ugly.

This is why.

THE NEW AMERICAN PIRATES, ARE KILLING AMERICANS.

This is not about glamorized or fictional piracy. This is, “real piracy.”

Hundreds of our wealthiest leaders and most powerful corporations know that in the next few years, they will be able to siphon, skim, and steal, so much “NEW CASH,” that they and their progeny will be ultra-rich for generations to come.

Welcome to the modern “Piratical Capitalism” movement. And, welcome to WAR!
No, this is not funny, or fiction, or a conspiracy, it is just simple greed and simple theft.
The new pirates of America have launched an all-out siege on us…the 99%, in order to capture, amass, and hold many trillions of dollars for themselves.

All of the recent political power grabs and nonsensical debating is purely a slight-of-hand deflection. President Obama, Democrats, Republicans, the International Press, and even the Tea Party, are watching the tiny pea in the shell game…while the rich and powerful “Piratical Right” is stealing America right out from under us.

Consider that their combined total plunder from corporate flipping, downsizing, offshore labor, speculation, price fixing of oil and energy plus, corruption in defense, health care, banking, student loans, foreclosures, etc., etc., is a trillion dollar treasure for these pirates.
Go ahead, put your own calculator to it.

Are they smarter than we are? Yes, and they are laughing at us. I, we, you, and all of us, have not been able see the big picture of what is happening to our own country and to our own people. The rape and theft of America, has been cleverly packaged, promoted, and sold under the guise of “cost-cutting,” “deregulation,” and “free enterprise.”

The “Piratical Right” is directly responsible for millions of people dying, getting sick, losing their jobs and homes, losing their ability to fight, their spirit, and even losing their will to live. The sick smell of this carnage now permeates the air across America.

To us, this is all unimaginable, because we look for some sense or the morality of things. These modern-day American pirates however, have no moral compass. They are devoid of any conscience, humanity or soul, and are feeding on the flesh of the American people.

Don’t look to the President, the Senate, Congress, the press, or any political party to help. Sadly, they just don’t see it, don’t care, or are part of it. “We the people” are on our own. Start asking questions. Demand answers. If we don’t fight back America…who will!?

History has taught us how to stop piracy!

This story was headlined "a

This story was headlined "a leaked memo" but does not offer the memo in full and without interspersed comments. I want to be able to read the entire document so I can make up my own mind. Comments should really come before or after. This is one reason I find partisan media annoying because I don't want to be handheld and led to a specific conclusion. Information first, opinion later.

Doug Terry
http://terryreport.com

Doug and Dianne, we have now

Doug and Dianne, we have now edited this story to include the full body of the original email.

Agreed, Doug. I'm an old

Agreed, Doug. I'm an old lady who remembers spending hours reading a newspaper full of HARD news, the kind I could take between my mental teeth and chew on for awhile, slowly working out my own opinions. I worry about anything presented - left, right or in-between - that is presented out of context.

However, if the above reportage is true, then hear my cheer! Go, OWS!

Diane

But Richard we need people

But Richard we need people who are in a position to effect change - real change not Obama change. The only way to do that is either anarchy, which is a bad idea, or having people like us elected to public office where they can have an impact.

Betsy, We do not need them

Betsy,
We do not need them YET! When we have a big enough movement, when the streets of the whole country are clogged with demonstrators, when the greedy elitists of the top 1% are scared to close their eyes at night, when we have millions supporting the ideas of the movements then we will ready to go to those in a position to make a real change. We will be in a position to force the change, to demand the change, to dictate the change. Do not mistake me for a pie in the sky liberal or someone so naive as to think this is going to be easy. It is going to be hard as hell. But it is worth it. the whole F*cking world depends on it!

When your only ambition in

When your only ambition in life is to say, "Look a ME! I have more money than him," and your strategy is to bribe, lie, cheat, steal and murder, you live in a state of constant fear. When someone looks you in the eye and says, "I know what you're doing," that fear multiplies. The more people who say it, the harder the disgusting sniveling filthy little whimpering spineless cowering executive trembles.
KEEP UP OWS MOVEMENTS.

I'm a little disappointed.

I'm a little disappointed. You promise to show the Fay Feeny memo but instead, you show an exerpt from it, taken out of context. This is exactly the kind of tactic that is used repeatedly and to great effect by FOX news, Andrew Brietbart, and others of the same ilk to inflame frightened middle class conservatives. Please do better, be better than FOX, Breitbart, and friends. Where can I read the entire memo?

I'm a little disappointed.

I'm a little disappointed. You promise to show the Fay Feeny memo but instead, you show an exerpt from it, taken out of context. This is exactly the kind of tactic that is used repeatedly and to great effect by FOX news, Andrew Brietbart, and others of the same ilk to inflame frightened middle class conservatives. Please do better, be better than FOX, Breitbart, and friends. Where can I read the entire memo?

Robin, we have now edited

Robin, we have now edited this story to include the full body of the original email.

They should be afraid, we are

They should be afraid, we are calling them out on the carpet, demanding that they be held accountable for the misery they have reaped on the US, and the world as well. They played with our likelihoods like poker chips in a private back room game.
www.whatnowtoons.com
Left of center independent political cartoons

It is time for people to take

It is time for people to take the power by speaking out. I personally have been at Freedom Plaza with the October 2011 Movement most of the time since it began on October 16. More, many many more, millions more need to be on the streets in some movement to stop the domination of the American people by the wealthy elite using corporations and the Congress to accomplish it.

Friends, relatives and acquaintances who have spoken with me on my visits home from DC frequently ask me why October 2011 does not seek to influence the 2012 election by finding a candidate who will support our positions. They are shocked and highly critical when I tell them that the movement (whether we are talking about October 2011, Occupy Wall Street, Occupy DC, SOUL or any of the other movements that have taken it to the streets) is not about candidates. but rather about ideas.

Martin Luther King, Gandhi, Nelson Mandela, the Berrigans, and Daniel Ellsberg did not support candidates. They developed ideas that grew out of obviously unjust practices, developed large followings who supported those ideas then they confronted the establishment with demands for change. This is what needs to happen in America NOW!
Who can legitimately argue with the following:
-Protect the rights of workers including collective bargaining, create jobs and raise wages;
-Tax the rich and corporations;
-End the wars, bring the troops home, cut military spending;
-Protect the social safety net, strengthen Social Security, Medicaid, and improved Medicare for all;
-End corporate welfare for oil companies and other big businesses;
-Transition to a clean energy economy, reverse environmental degradation;
-Get money out of politics; and
-Stop foreclosures?

We need the support of everyone. We need contributions and mostly we need feet in the street.

How about ending the

How about ending the Orwellian named Homeland Security Act and stoppping the endless war on drugs (marijuana)?

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