Word: problem
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...real problem with Feinberg's scheme may be its reliance on the market. If we have learned anything 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...
...Their aggressive ways are out of step with a new generation of business leadership who are looking for more cooperative relationship with Washington, trying to be problem solvers instead of nay-saying, being a brick wall to government action," argues Hilary Rosen, a partner at the Brunswick Group, a communications firm, who served as Chairman and CEO of the trade organization the Recording Industry Association of America from 1998-2003. "In leadership positions, you see a wave and you want to get on board to help shape it and instead I think he is looking at a wave...
While defending the organization against a recent series of high profile defections over its climate change policies, Chamber officials insist they are just faithfully representing their membership's views. The problem with that is the lowest common denominator dynamic in trade associations, in which common policy is set by those with the most at stake. In a petition challenging the Environmental Protection Agency's authority to regulate greenhouse gases - authorized under a Supreme Court decision - the Chamber maintained there are likely to be some positive aspects to climate change. The resulting skepticism among environmental groups turned to outrage in early...
Experts say the registry would be a novel way to tackle the problem of distributing printed works widely when their authors are difficult or impossible to find. But even as the amount to be paid out and how it would be distributed remains an issue, the DOJ is fretting about the arrangement, saying it appears to create a price-fixing structure, it could stifle competition, and it may give Google exclusive rights over so-called orphan books whose copyright holders can't be found. The company plans to become a digital book seller; millions of scanned books, or snippets...
...woman has also entered marathon lore as one of the most infamous competitors in race history. In 1980, Rosie Ruiz took first place in the Boston Marathon, crossing the finish line at 2 hr. 31 min. 56 sec. But there was a problem: competitors and officials never spotted the New York woman on the course during the race. As witnesses later verified, the 23-year-old had jumped out of a crowd of spectators about a half-mile from the finish line and simply sprinted to the end. An investigation revealed she had pulled a similar stunt in New York...