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Nonprofits, too, are likely to cheer the plan. Bradford Smith, who is the president of philanthropy-research firm Foundation Center, says Goldman's move could help service organizations at a time when many are struggling to raise funds. "Ideally, you would hope rich people would voluntarily share their wealth," says Smith. "But Goldman is leader in the corporate world, and if others follow, this could be a needed windfall for nonprofits...
...Monday, New York Attorney General Andrew Cuomo asked eight large banks to turn over data on their expected 2009 bonus payouts. President Barack Obama is considering leveling a fee on financial firms to help the government recoup the costs of last year's bank and auto bailouts. FDIC officials, too, are considering charging banks that pay a large portion of their executive compensation in bonuses a higher fee for its deposit insurance. The U.K. recently adopted a 50% tax on bank bonuses.(See the worst business deals...
...Crimson was led on the glass by Markley and freshman Miriam Rutzen, who each pulled down six boards to help Harvard hold a 35-27 rebounding advantage...
...Dems have a 3 to 1 advantage in party registration, Republicans remain more motivated, says Andrew Smith, head of the University of New Hampshire's polling center, which conducted the Globe survey. "Coakley also has a distinct advantage in name recognition," Smith says. "But a low turnout election will help Brown." (See the top 10 political defections...
...last week, with Kennedy's widow, Vicki Kennedy, endorsing her; the Kennedys were miffed at first by Coakley's candidacy, announced less than a week after the Senator's burial. The Democratic Senatorial Campaign Committee dispatched Michael Meehan, a media consultant familiar with Massachusetts politics, to Boston to help the campaign, and former President Bill Clinton is scheduled to hold a rally with her later this week...