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...from regulators to curtail the pay of Phibro's top trader Andrew Hall, who made $100 million last year, and reportedly has a contract that would award him roughly the same amount in 2009. Oxy declined to comment on Hall's compensation. But the energy giant says Hall will remain with the unit at Oxy. Hall had threatened to leave Citi if his pay was cut, which means Oxy is probably honoring his contract. Says an Oxy spokesperson, "We hope and expect Phibro to continue to do well financially and that Mr. Hall and his colleagues will do well financially...
...That won't happen anytime soon. It would send "the wrong signal," warned Campbell. His boss agrees. "Sanctions remain important as part of our policy," said Hillary Clinton, describing them and engagement as "tools" to achieve the same goal: democracy in Burma. Considering Than Shwe's nonexistent track record on reform, U.S. officials are right to downplay the impact of engagement. Barring any real concessions from the hard man himself - starting with the release of Suu Kyi and other political prisoners prevented from running in next year's polls - democracy remains a distant prospect. "Everyone is calling for reform...
...thought he was making a mistake in downplaying the fraud. When the press learned of our disagreement (through no fault of ours), U.N. Secretary-General Ban Ki-moon removed me from my post. This is an account of what went wrong - and why success in Afghanistan will remain beyond our grasp until the problems I witnessed are fixed...
Playing in the midst of fierce winds at Ohiri Field on a cold Saturday morning, the Harvard women’s soccer team needed more than the standard 90 minutes of play to come away with its fifth-straight win and remain undefeated in Ivy League play, as the Crimson (6-5-1, 3-0 Ivy) defeated Brown (4-7, 1-3) in overtime...
...fact that disputes over abortion coverage remain an obstacle at this point in the process - more than two dozen pro-life House Democrats have also vowed to vote against reform legislation because of it - might suggest that the White House dropped the ball. But while Obama's outreach to the USCCB has left much to be desired, the bishops deserve a fair share of the blame for the continuing stalemate. If anything, their inconsistent approach to the issue created confusion that has hampered Democratic attempts to accommodate their concerns...