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...Bebchuk, Yaniv Grinstein of Cornell University, and Urs Peyer from the Paris-based business school INSEAD—found that board directors at 6,500 companies received “lucky grants” or backdated options for which the strike date is timed in order to maximize profit...

Author: By Kevin Zhou, CRIMSON STAFF WRITER | Title: Study: Directors Get Extra Perks | 12/19/2006 | See Source »

...these truths is that Charlesview is a one-of-a-kind affordable housing development in the U.S. It is a community of 213 working families, comprising nearly 600 residents, established and owned by a non-profit organization consisting of three faith institutions: Kadimah-Toras Moshe, St. Anthony’s Roman Catholic Church, and Community United Methodist Church. It stands today on the corner of North Harvard Street and Western Avenue as a living monument to community empowerment, interfaith cooperation, and public-private partnership in the creation of affordable housing...

Author: By Abraham Halbfinger | Title: Myths About Charlesview | 12/18/2006 | See Source »

...stones are procured. A diamond is nothing but crystallized carbon that shines up prettily. The gullibility of people could just as easily lead us to admire a cow patty, glazed, shined and set in aluminum. It is all a matter of the value placed on something by those who profit from its sale and by those who believe its possession makes them enviable. These folks ignore what it takes to get a diamond: the slave labor, the exploitation of entire nations, the dastardly deeds of mining-company overseers. It would really be something if one day the world would wake...

Author: /time Magazine | Title: Letters: Dec. 25, 2006 | 12/17/2006 | See Source »

...people are entrepreneurs, but many don't have the opportunity to find that out." In his Nobel speech, Yunus made clear his belief that access to credit ought to be a basic human right, and advocated the acceptance of "social businesses"-organizations that are self-sustaining but not profit maximizing. "I support globalization ... but it must be the right kind of globalization," he said. "The rule of 'strongest takes all' must be replaced by rules that ensure the poorest have a place and a piece of the action...

Author: /time Magazine | Title: People Who Mattered: Muhammad Yunus | 12/16/2006 | See Source »

...volunteer, Luke M. Messac ’08 puts it, “I first started volunteering because seeing homeless people everywhere just really struck me. We are the richest non-profit organization aside from the Catholic Church, and it is extremely troubling to me that such poverty exists right next door...

Author: By Stephen C. Bartenstein | Title: Kind Energy | 12/14/2006 | See Source »

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