Word: leveler
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...declared that bonuses should be tied to a bank's performance and that guaranteed annual payouts should be avoided. The group also demanded that the G-20 "commit to agreeing to binding rules for financial institutions on variable remunerations, backed up by the threat of sanctions at the national level." (Read "Braking the Banks...
...Karel Lannoo, head of the Centre for European Policy Studies in Brussels, says it will be difficult to implement efforts to regulate bonuses in the E.U., as rules on working conditions are decided at the national level by individual governments. He adds that although bonuses are a powerful rallying point for E.U. leaders, the payouts represent just a tiny fraction of the global banking losses over the past year and are not to blame for the crisis. "Bankers are exceedingly unpopular, and leaders feel they have to act," he says. "But bonuses are a symptom of the crisis...
Others fear that ISPs could start charging high-bandwidth websites for access to the “fast lane,” slowing down smaller websites that can’t afford to pay. This would be a blow to the level playing field that has allowed entrepreneurs to create online empires from humble beginnings in a garage or basement, perhaps explaining why Internet giants like Google and Amazon are among net neutrality’s strongest proponents. What would your life today be like if someone told Mark Zuckerberg that his new “Facebook” site...
...percent increase in the level of Pell Grant funding would certainly help us in this challenging economy,” Irons said. “But the reality is that we have made a fundamental commitment to our financial aid program, and have a long tradition of meeting the full need of our students regardless of the funding fluctuations of federal financial aid programs...
...workouts, and she always wants to push herself harder.” Saretsky, however, concedes that there will be many challenges to overcome. “There’s still a lot of transitioning to be done and a lot of work ahead to get to the level that Sammy wants to be, because she has such high goals,” he says. And, indeed, Silva is expected to reach and surpass many of the goals that she will set for herself. The Harvard women will compete again on October 2 against rival Yale at Franklin Park...