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...employment lawyers and pay experts say more needs to be done to rein in Wall Street compensation. In practice, it is often hard to get employees to return pay. Moves to limit clawbacks only to deferred compensation (money that is earned but not paid out until a specified future date), which is the easiest to recover, may actually increase risky behavior. What's more, clawbacks vary widely from firm to firm. Some provisions only cover top executives; other firms exclude top executives from the plans...
Alberto Israel still remembers the date he arrived at the Auschwitz concentration camp: Aug. 3, 1944. He and his family had just been transported to Nazi-occupied Poland from their home on the Italian-occupied island of Rhodes in the Mediterranean - a 14-day journey by boat and by train in a stifling cattle car. "We knew it was an abattoir when we arrived. We could smell the melting flesh," he recalls during a return visit to the death camp 65 years later, his eyes welling up with tears. "We got there at 10 in the morning...
JENNY CLACK, a paleontologist at Cambridge University in England, on a set of fossilized footprints found in Poland that show four-legged animals on land nearly 400 million years ago, well before the date scientists had given for animals' emergence from...
...improvement would be for the administration to publish weekly documents that help us understand how our pockets are affected by the latest tides sweeping the markets. An up-to-date depository and a glossary of simple financial terms for the average person would do wonders for financial literacy and financial responsibility in an age where the urge for rampant spending so often overcomes common sense...
...democrat. But after three decades of allegations that his party members have beat up the opposition, tampered with ballots and ignored previous election results, the 85-year-old autocrat appeared to change tack in December by calling for a new general election. Though he did not set a date, Mugabe said a vote was "not far off." The 11-month-old government of national unity, in which he serves as President and Tsvangirai, head of the Movement for Democratic Change (MDC), serves as Prime Minister, has "lived more than half its life," Mugabe told the annual conference of his Zimbabwean...