Word: saying
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...case for limiting pay at corporations not on government life support rests on two main arguments, Bebchuk says. Top executives are supposed to answer to shareholders, but to a large extent they have been able to determine their own pay packages. Say-on-pay votes and other measures that empower shareholders and outside directors are meant to shift that balance of power. At banks, meanwhile, pay is simply one more risk factor that regulators should keep an eye on. "Once you accept that government is already regulating the business decisions of banks, I don't know why this particular business...
...Postcard: Bristol Bay," Bryan Walsh points out that if the Pebble Mine is built, it will produce billions in precious-metal wealth and create needed jobs [July 27]. But at what cost? Experts say it will foul the air and water and hurt salmon runs, among other atrocities. And the benefits will be exhausted within 50 years. I'm all for a sustainable resource like fish, which will bring jobs and provide profits for many more years to come. Also, there's great potential to earn cash through things like solar cells, especially in the land of the midnight...
...industry argues that the Pebble Mine can be developed without "serious risk to the environment." Have we forgotten the devastating 1989 oil spill in Prince William Sound? Unless the industry can say "no risk," the mine should be shut down. Reynold Knopf, HOLLISTON, MASS...
...only to turn lethal that autumn. U.S. health officials said on July 29 that they hope to have 120 million doses of a new H1N1/09 vaccine ready by October, but the virus could change by then, or the vaccine might prove less than effective. Virologists like to say the only thing predictable about influenza is its unpredictability. As the world waits for the next onslaught, that bears remembering...
...things they want to do in the ways they want to do them. They don't worry too much about breaking rules and aren't paralyzed by a fear of imperfection or even failure. Active citizenship is all about tapping into one's amateur spirit. "But hold on," you say. "I will never understand credit-default swaps or know how to determine the correct leverage ratio for banks." Me neither, and I don't want to depend on an amateur physician telling me how to manage my health. But we can trust our reality-based hunches about fishy-looking procedures...