Word: questionable
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...paid to show up for work on Wall Street; you get paid by what you produce, as a year-end bonus. But it does the raise the question: What, exactly, does a Wall Streeter produce? If a banker or a trader brings in $10 million of profit for his or her firm, it seems reasonable that the individual should get a cut of it. There's also a scarcity premium involved. Presumably, there are only so many folks out there who can bring in $10 million or $100 million in a given year, so you have to include some...
...paid for it. "I could put a monkey in that chair and get a certain level of business," he said. With 46,000 financial jobs having been lost in New York City already, demand is falling, so the risk of losing talent to rivals is declining. The bigger question that should be asked of these big earners, says the Wall Street vet, is this: What is your alpha relative to a monkey? Alpha refers to the measure by which you beat the expected return. In other words, how much better could you do in the job than an average simian...
...question is: Can the U.S. act in time for Copenhagen? The answer is hardly certain. The first attempt at a national cap-and-trade bill, last year's Warner-Lieberman Act, didn't make it out of the full Senate. The U.S. has a new, greener President, but the sheer number of legislative priorities sitting on his desk could make cap and trade impossible to achieve this year. That doesn't mean Copenhagen will come and go without a deal, but, under the pressure to get something on paper, it's possible the summit will produce a watered down agreement...
...question is why. The authors hypothesize that the decline in breast cancer rates was largely due to the sudden stoppage of hormone therapy. But this correlation, first presented at the San Antonio Breast Cancer Conference in December, has been met with skepticism by other researchers in the community. They raised concerns about drawing a cause-and-effect relationship, since the sharpest decline in women's breast cancer rates occurred in the year after the WHI was halted and its data released, between 2002 and 2003 - too soon to see such a dramatic change in a complex disease like breast cancer...
...Boston environmental group burst onstage and briefly commandeered a talk given on campus by a coal company executive yesterday evening. The activists, members of Rising Tide Boston, a self-proclaimed environmental and social justice group, came to the front of the room during the talk’s question and answer period and unfurled a banner stating “clean coal is a dirty lie” while listing grievances with coal as an energy source. As two of the activists held the banner, another questioned the speaker, CEO of Arch Coal Steven F. Leer, on the viability...