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...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...

Author: /time Magazine | Title: Do Caps on Executive Compensation Really Work? | 9/25/2008 | See Source »

...anger, but certainly these are men with ideas and can be forceful in how they express them," says one person familiar with their calls. "If there's a sense that someone was miffed or something, then there's a private call right afterward, and then the next call is fine...

Author: /time Magazine | Title: Three Men And a Bailout | 9/25/2008 | See Source »

...Sunday night and there were enough applications to fill the class three times over, his concern turned to the Press itself. Years of being under-funded have taken its toll on the B&A. “It’s a small space and some parts walk that fine line between charming and chaotic,” Russem says. But Jacoby, Sifuentes, and other volunteers have been working hard to get the press in working order. All four of the printers should be online in the next two weeks (although the 19th century clamshell platen press is too delicate...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: Bow and Arrow Press Gets Classy | 9/25/2008 | See Source »

...McCafferty said. “As a defensive core, we’re going to be as strong as we’ve ever been. We’re going to go out, be committed to the defense, do the little things right and we’ll be fine. [Losing our goalie] is a loss, but it happens all the time, and we’ll come out this season just as confident.”The Crimson’s strong defensive core will be a necessary asset as it tests out its three candidates for the starting...

Author: By Courtney D. Skinner, CRIMSON STAFF WRITER | Title: Crimson On Hunt For New Goalie | 9/25/2008 | See Source »

...Harvard into Holy Cross territory, ultimately resulting in Pizzotti’s game-winning touchdown run. Relative inexperience may have made Crimson coach Tim Murphy hesitate a bit when going to his young wideouts for big plays. But there was no doubt left in his mind after witnessing the fine showing the two sophomores posted, confirming his suspicions that Iannuzzi and Lorditch could be very prominent players as league play begins Saturday. “To see those guys be able to play poised, mature football at a high level really adds a lot to the expectations and the capabilities...

Author: By Ricky Liu, CRIMSON STAFF WRITER | Title: New Crimson Duo Anchors WR Core | 9/25/2008 | See Source »

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