Word: investingations
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"You were supposed to set an appropriate level of executive compensation at the firms taxpayers were investing in," said Representative Brad Sherman, a Democrat from California. "But the record should show that Mr. Kashkari is unwilling to say whether he will allow a $30 million bonus."
This needs to change - and it has started to. Beijing's plans to increase the service sector's overall contribution to the economy by 3 percentage points by 2010 - to 43% of GDP - and by 10 points a decade from now. Earlier this year, the government ordered state-owned banks...
A High-Tech Solution To economic policymakers, the real meaning of becoming a strong economy lies beyond getting citizens to spend more and expanding the service industry. The next Chinese miracle, at root, will mean becoming a first-rate technological power. China's road ahead was on display earlier this...
In 2006, Blagojevich won re-election by investing heavily in television advertising that again linked his Republican opponent to George Ryan's sins. But by then, Blagojevich's reputation as a clean-government reformer was already sullied. Even the haircut and GQ suits were looking out of date.
Admittedly, the real impact of these initiatives would be relatively small. Harvard may have billions of dollars to work with, but that sum is a drop in the bucket when one considers the size of the American economy. We should not, however, be overwhelmed simply because the task of lowering...