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...shareholders--a real cost. Experts such as Warren Buffett and Alan Greenspan have argued that all publicly traded companies should count stock options as an expense. Yet today among big companies only Boeing and Winn-Dixie do so. Why? The current system is so lucrative for company executives, who reap the lion's share of stock options, that few will make the change unless forced. This was not a big deal a few years ago. But this "free money" led to gigantic options grants in the '90s--and now, by some estimates, the cost to shareholders is double what...

Author: /time Magazine | Title: Corporate Greed: 8 Remedies | 6/17/2002 | See Source »

Mann says that she continues to reap the benefits of her Harvard education...

Author: By Jenifer L. Steinhardt, CRIMSON STAFF WRITER | Title: From Babysitting to the Federal Reserve | 6/4/2002 | See Source »

...Upon information and belief, the real reasons why the Pi Eta Alumni Members had decided on their own to sell the House was [sic.] because the real estate market in Cambridge had experienced unprecedented growth recently and the Pi Eta Alumni Members wanted to liquidate the asset and reap the appreciation while the market remained so strong. Additionally, their decision to sell was motivated by the fact that many of the Pi Eta Alumni Members were tired of serving on the Corporation and having any responsibility for overseeing the House asset.” Sigma Chi also says that...

Author: By Vicky C. Hallett, CRIMSON STAFF WRITER | Title: Fraternal Disorder | 5/2/2002 | See Source »

...Mindful of the pillaging of Angkor Wat, the locals in and around this magical Cambodian mountain want to keep the hordes away. Some Siem Reap guesthouse managers warn that Phnom Kulen is riddled with land mines, even though the paths are well worn and thousands of Khmer visit every year without incident. Motorbike drivers, too, routinely discourage travelers by insisting it's too far, too expensive and there's not enough to do for the effort. They're partly right; it's too bum-numbingly far on a motorbike and, at about $150 for a day trip in a four...

Author: /time Magazine | Title: Beyond, Literally, Angkor Wat | 4/29/2002 | See Source »

...LUXURY Even in the low-budget haven that is Southeast Asia, grimy Siem Reap is exceptional in its appeal to backpackers: it's easy to live on the cheap as you explore Angkor Wat. Yet within a five-minute walk from an unpaved alley of $2-a-room guesthouses, the elaborate Grand Hotel d'Angkor offers its top digs for?are you sitting down??$1,900 a night. The hotel has two 400-sq-m villas that come with everything a Hollywood star or head of state might want: two bedrooms with marble bathrooms, linens of Khmer silk...

Author: /time Magazine | Title: Short Cuts | 4/29/2002 | See Source »

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