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...compensation structure won't hurt these firms' ability to retain top talent. Wall Streeters love to let it ride. The question is whether more people hell-bent on boosting their stock price will produce a better outcome for the economy as a whole. What Feinberg is likely to find after five months of studying executive comp is that there is no great way to pay people gobs of money. The superrich have relatively less at stake and more reason to gamble than...
Some of the protest centers on a new, nonprofit Book Rights Registry that the settlement would create. The registry would find authors or their heirs and pay them for the use of their newly digitized writing, whether a blockbuster novel, a poem included in an anthology or liner notes for a long-ago blues album...
Experts say the registry would be a novel way to tackle the problem of distributing printed works widely when their authors are difficult or impossible to find. But even as the amount to be paid out and how it would be distributed remains an issue, the DOJ is fretting about the arrangement, saying it appears to create a price-fixing structure, it could stifle competition, and it may give Google exclusive rights over so-called orphan books whose copyright holders can't be found. The company plans to become a digital book seller; millions of scanned books, or snippets...
...Find out how the night went, after the jump.Upon entering Leverett Old Library, FlyBy was impressed by the white tablecloths scattered with rose petals, dim lighting, and mellow jazz. Very classy, CSA! After picking up a nametag, we made an immediate beeline for the platters of chocolate, nuts and strawberries. (“We were going for aphrodisiacs,” Michael Zhang ’12, who organized the event, told...
...emergence of the passports came the same day that U.S. Secretary of State Hillary Clinton vented frustration at Pakistan's failure to capture al-Qaeda members who are suspected to be sheltering in these very tribal areas. "I find it hard to believe that nobody in your government knows where they are and couldn't get them if they really wanted to," Clinton told Pakistani journalists at a meeting in Lahore. No Pakistani officials reacted to her remarks...