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...vote on the firm's compensation practices. Smith's gambit is just the latest salvo in the ongoing battle over executive pay, but this time there's a crucial difference: the pressure isn't coming just from politicians and populist crusaders, but also from big institutional shareholders like mutual funds, pensions and foundations - a constituency companies often find difficult to ignore...

Author: /time Magazine | Title: Giving Investors a Say on CEO Pay | 4/9/2008 | See Source »

...turns out, nothing. When he talked to the people at Boston Common Asset Management they said a vote was simply in the general interest of shareholders. Amos then went to the insurance company's largest shareholders and asked what they thought. He wasn't expecting large, fairly conservative mutual funds to be in favor of the idea - but they were. "I realized that when they decided yes, others would follow," he said, "That it was something that was coming...

Author: /time Magazine | Title: Giving Investors a Say on CEO Pay | 4/9/2008 | See Source »

...they include anyone I know. While in a combat outpost in southwest Baghdad, it was in that distinctive bold Arial print in a two-week-old copy of the Stars and Stripes that I read that my best friend had been killed in Afghanistan. No phone call from a mutual friend or a visit to his family. All that had come and gone by the time I had learned about his death. I sometimes wonder, if I hadn't picked up that paper, how much longer I would have gone by without knowing - perhaps another day, perhaps a week...

Author: /time Magazine | Title: The Real Meaning of 4,000 Dead | 3/26/2008 | See Source »

...this conception be converted into reality, this would actually open the flood gates of a runaway race of all types of strategic arms, both offensive and defensive." Even more ominous, the development of a missile defense system could undermine the very foundation of strategic stability, namely, the concept of Mutual Assured Destruction (MAD), which has often been modified, but never abandoned. Under this concept each side is deterred from using its weapons by the fear of cataclysmic retaliation (see following story...

Author: /time Magazine | Title: Archive: Reagan for the Defense | 3/21/2008 | See Source »

There was some feeling, however, that Reagan's challenge to a system of deterrence that is based on the threat of mutual destruction could be a welcome element in the debate over nuclear policy. "Reagan now suggests that we slowly start investigating whether in the next century technology may offer a solution to our security that does not rest on the prospect of mass and mutual death," noted the Washington Post. "It is the product of Ronald Reagan's peculiar knack for asking an obvious question, one that has moral as well as political dimensions and one that the experts...

Author: /time Magazine | Title: Archive: Reagan for the Defense | 3/21/2008 | See Source »

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