Word: hurts
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...execs said might call into question their loyalty to their firm. AIG and a number of its top earners refused to give back past bonuses or rewrite contracts that guarantee multimillion-dollar bonuses at the insurer next year. And a number of companies insisted that his plan would hurt their ability to attract and retain talent...
...from the financial crisis, it should be that the market can get things very, very wrong. So paying more people mostly in stock may result not in his stated goal of pay for performance but in pay for randomness. Feinberg is probably correct that his 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...
...overreliance on GDP is not just misleading, it's harmful. Focusing on economic growth blinds policymakers to other measures of progress. "If a policy is going to hurt GDP then it's difficult for that policy to survive," says Jon Hall, who is overseeing a search for better measures of progress by the OECD...
...defense was up to the challenge. Missed opportunities by the Big Green certainly didn’t hurt, as Dartmouth forwards had four shots miss the goal near the end of the game. But the Big Green hounded the ball, and just as before, it seemed a matter of time before one went their way. When the ball finally went past Harms, it seemed for a split second that the score would be tied...
Tough economic times have hurt Harvard's typically favorable public image, leading to a 20 percent decline in media representations of Harvard over the past nine months, according to The Global Language Monitor, a site that recently brought you the "Top Politically (in)Correct Words and Phrases of the Past Year" (number 1 was Swine Flu, FYI). We get that cutbacks don't exactly make Harvard look good, but how did they translate that into a number like 20 percent? Regardless, the site ranked Harvard as the university with the third best media image this...