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Four Harvard Law School professors signed a statement in support of the defendant in a case regarding executive pay that will be heard by the Supreme Court next week. In the case, Jones et al. v. Harris Associates, several mutual fund investors charged that the fund had overpaid its advisors. The Seventh Circuit Court of Appeals in Chicago dismissed a full court rehearing of the lawsuit in May 2008. Law professors John C. Coates, Robert C. Clark, Allen Ferrell, and J. Mark Ramseyer signed an amicus brief earlier this month in support of the defendant, Harris Associates, along with more...

Author: By Zoe A.Y. Weinberg, CONTRIBUTING WRITER | Title: Profs. Sign Amicus Brief | 9/24/2009 | See Source »

...think third parties have a shot in the next elections? Sure. They'll be called the Bloomberg Party. Some billionaire will come in like Perot and turn it into a three-way race. There's so many billionaires, and a few of them are quite enlightened. You don't need a right-wing billionaire because they've already got the Republican Party...

Author: /time Magazine | Title: Ralph Nader, Fiction Writer | 9/23/2009 | See Source »

...estate taxes, decried state overspending and, supposedly without mentioning U.S. President Barack Obama by name, criticized his efforts to widen government involvement in health care. She rattled off a few terms of financial art but did not address the issues facing the markets for long, saying, "That's for next time." (See what Sarah Palin is planning next...

Author: /time Magazine | Title: What Sarah Palin Said in Her Hong Kong Speech | 9/23/2009 | See Source »

...Many pundits are alleging that the timing - and questionable taste - of Giscard's book is driven by the fact that fellow former President Jacques Chirac will publish a memoir of his own political career next month. Enduring hatred between the two men stretches back to the mid-1970s; each has waged a campaign of electoral war and political brawling against the other ever since. The Princess and the President, some pundits say, is Giscard's newest attempt to steal the limelight from his nemesis...

Author: /time Magazine | Title: Diana Affair Speculation Sets French Tabloids Ablaze | 9/23/2009 | See Source »

...rebuff from moderate Arab states to the President's call for them to make tangible gestures toward normalization of ties with Israel - most analysts are waiting to see what actions back his words. Reports from the talks suggest the Administration will summon the two parties to Washington next month for talks under U.S. auspices on the full gamut of final-status issues. But Netanyahu may have his own ideas and may be buoyed by his success in resisting the settlement-freeze demand. Indeed, the Israeli Prime Minister's domestic popularity has surged as a result of his defiance of Obama...

Author: /time Magazine | Title: Did Netanyahu Best Obama in Mideast-Peace Tussle? | 9/23/2009 | See Source »

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