Word: files
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Dates: during 2000-2009
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...returns--and it always does--companies are promising long-lasting change. This time around, they'll handle it differently, they say. Banks are stuffing their boards with risk experts. Trade groups are circulating white papers on the need for risk-adjusted compensation all the way down to rank-and-file employees. In the future, we're told, decisions at firms like Citigroup and UBS about what lines of business to pursue will be made with more of an eye to how much risk comes along with the profit. Merrill Lynch's running into the arms of Bank of America...
...there is also reason to be skeptical. Take, for instance, the idea of risk-adjusted employee pay as a way to keep people, including rank-and-file traders, from following personal incentives to the exclusion of a company's broader interest. It is a compelling idea. But so far it hasn't happened...
...Harvard Law School professor filed a counterclaim last Friday against the Recording Industry Association of America that challenges the constitutionality of the RIAA’s efforts against those caught downloading music from file-sharing services...
Charles R. Nesson ’60, the founder of Harvard’s Berkman Center for Internet and Society, is defending Joel Tenenbaum, a Boston University graduate student charged in 2005 with downloading seven songs from a file-sharing network. According to RIAA spokesperson Cara Duckworth, the amount sought from Tenenbaum is undisclosed and left to the judge’s discretion, though Tenebaum may face over $1 million in penalties...
...music community has had to endure thousands of layoffs and billions of dollars in losses in just a few short years, primarily due to the exact kind of activity in which we found the defendant actively engaging,” she said. The RIAA said that it will file a motion to dismiss Nesson’s counterclaim...