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...N.Y.S.E., meanwhile, is reforming. The Big Board has split the positions of chairman and CEO, overhauled its board of directors and created the post of chief regulatory officer. In Washington the SEC is developing proposals that would tighten regulation of U.S. stock exchanges--the first order of business being that they must abide by the same disclosure rules they impose on publicly traded companies. But the changes afoot aren't enough for Spitzer. In a recent interview with the Harvard Business Review, he noted that "we have board compensation committees that are self-selected and interwoven. It's a rigged...

Author: /time Magazine | Title: The Rumble Over Executive Pay | 5/31/2004 | See Source »

...financial world's biggest companies and the intervention of the U.S. Federal Reserve Bank. Oh, and don't forget: we'll help ourselves to commissions of up to 20% of your gains, our products are barely regulated, they're not registered with the U.S. Securities and Exchange Commission (SEC) and we're not obliged to report publicly where your money is going or how it's doing. Sound risky? It is. So why are mainstream investors lining up to buy into so-called hedge funds, the esoteric investments that used to be the province of the superrich? For one thing...

Author: /time Magazine | Title: Should You Join The Hedge Fund Circus? | 5/23/2004 | See Source »

...from 2000, when he became the first man ever to sweep the 20-km and 50-km races. He hasn't lost at 50 km, his specialty, since 1999. And he's set a new record in his last two 50-km races, clocking 3 hr. 36 min. 3 sec. at the World Championships in Paris last August. Korzeniowski, 35, admits his career has turned out so well that "I could finish happily any day." So why bother with Athens? "I still have Olympic dreams," he says, flashing the first of many smiles. "I'm giving myself a bonus...

Author: /time Magazine | Title: The King of Racewalking | 5/23/2004 | See Source »

...Vietnam War hero--something that Kerry often talks about on the stump but that Democratic polling suggests is still largely unknown to voters. Curiously, though, Kerry isn't leading with that punch in his ads. Many Democratic allies were dismayed when they got a look at the two 30-sec. spots that marked the $4.5 million launch last week of Kerry's national advertising campaign. Instead of a reprise of the well-received biographical ads that helped bring Kerry's candidacy back from the dead in Iowa (the campaign promises those spots are coming soon), the commercials feature Kerry talking...

Author: /time Magazine | Title: Anyone Know This Guy? | 5/3/2004 | See Source »

...History 11 Aldrich Conkey Harvard 2 Cock Zanetti Harvard 6 History 36 Sever 30 History 55 Sever 36 Italian 3 Geol. Lect. Rm. Mathematics A IV. Mr. Gatabedian's section 1 Sever 35 Mr. Marden's section 3 Sever 35 Mr. Stabler's section 2 Sever 32 Mathematics C Sec. III Harvard 5 Mathematics 2 Sec. III Harvard 3 Mathematics 29 Sever 23 Music 1a Music Bldg. 4 Music 4c Sever 30 Philosophy 8b Emerson J Physics 4b Geol. Lect. Rm. Psychology 10a Emerson J Spanish 2 Harvard 2 Zoology 3 Geol. Lect. Rm. 2 O'clock Economics 2 Emerson...

Author: NO WRITER ATTRIBUTED | Title: EXAMINATION SCHEDULE | 4/21/2004 | See Source »

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