Word: baseness
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...clear what sorts of limits on executive compensation will be included in the bailout bill. Ideas being batted around include a temporary elimination of golden parachutes (payouts that executives collect when they lose their jobs); a lower limit on the amount of an executive's base salary that companies can deduct from their taxes (currently $1 million); "clawback" provisions to help recoup bonuses paid based on earnings or other metrics that later prove to be inaccurate; and limits on incentives for "excessive" risk-taking...
...Congress should be the first to know that dictating what executives can get paid doesn't always work as expected. In 1984, Congress passed a law eliminating the tax deductibility of golden parachutes that exceeded three times base salary. Corporate America took that to mean anything below that multiple was fine: golden parachutes worth 2.99 times base salary proliferated, where before there were none at all. In 1993, Congress said only $1 million of an executive's salary would be tax deductible. So companies began paying their CEOs massive amounts in other forms, like stock options and deferred compensation...
...first of those images he set loose in public was Three Studies for Figures at the Base of a Crucifixion, a triptych he exhibited in 1945, when he was 35 years old. On three panels of bright reddish orange scuffed with grey, a trio of mutant figures grimace, snarl and bark. In two of them, the most expressive feature is the gaping mouth. What the eyes represent for most painters, the mouth was for Bacon, the locus of human identity. The mouth is what bites, suckles and howls at the moon. By contrast, the eyes in any face painted...
...Sometimes I can barely make it from Monday to Tuesday,” Wilson said. She also said it was strange to have things work backwards and be given money instead of having to base her experiments on “feasibility and fundability...
...commercial standard, and the reason is simple: their statements and advertisements are considered "political speech," which falls under the protection of the First Amendment. The noble idea undergirding what otherwise seems like a political loophole is the belief that voters have a right to uncensored information on which to base their decisions. Too often, however, the result is a system in which the most distorted information comes from the campaigns themselves. And as this year's presidential race is showing, that presents an opportunity for a candidate willing to go beyond simple distortions and exaggerations by making repeated and unapologetic...