Corporate Lobbying Comes at a Price: The Lesson of AT&T´s Michael Cohen Fiasco
(WorldNews Politics)

As investors increasingly call on companies to drain the swamp, how much will corporate reputations suffer? AT&T has given companies a lesson on why investors increasingly are seeking information about corporate political spending. For five years, investors have called on AT&T to tell them how much it was spending to lobby politicians at the state and federal levels. AT&T refused. Now, the company is deeply mired in a self-inflicted legal and reputational disaster through the now disclosed $600,000 in payments to President Donald Trump´s personal attorney, Michael Cohen. The leaked...