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...gender barriers. While the government is trying to encourage women to enter the workforce, for example, there are still no clear guidelines as to what is legal and what is illegal in an office setting, according to Abdulaziz al-Gasim, a former judge who now runs his own law firm in Riyadh. "We would like to hire women," he says. "Women in the law faculties send us their CVs. But where would we put them?" Without a separate entrance for women, or gender-specific meeting rooms, firms fear they could be prosecuted. There are also still no laws to protect...
Bruce J. Wasserstein—a graduate of the Harvard Business and Law Schools who led financial advisory and asset management firm Lazard and gained fame as a pioneer of hostile takeovers in business—died Wednesday in New York City...
Although he began his career as a lawyer at the prestigious firm of Cravath, Swain & Moore, Wasserstein eventually went into banking. When he joined the investment bank First Boston, he helped build the firm into one of the most prominent mergers and acquisitions establishments of the 1980s, according to media reports...
...plan: the 401(k). But the financial crisis and resulting market meltdown showed the 401(k) to be far from perfect. A number of academics and others have proposed either changes to the 401(k) system or scrapping it altogether. Roger Ferguson Jr., chief executive of the investment firm TIAA-CREF, is one of the few financial executives who have backed changing the system. Ferguson's opinion is sure to have some sway. He is a former vice chairman of the Federal Reserve and a member of President Obama's Economic Recovery Advisory Board. As the CEO of TIAA-CREF...
...victory for Twitter? Not entirely, says Stephen Shotnes, a media-law specialist with the London law firm Simons Muirhead & Burton. "It's been enshrined in our law for 300 years that there's freedom of reporting of parliamentary proceedings. I would like to think that what would have happened is that the Guardian would have trotted off to court today and the injunction would have been lifted anyway. The likely impact of Twitter was to speed up that process," he says. (Read "Brought to You by Twitter...