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...There has also been mixed success with legislating clawbacks. The Sarbanes-Oxley Act, passed in 2002 in the wake of accounting scandals at Enron and other companies, required CEOs and CFOs of companies that have to restate earnings because of financial misconduct to pay back bonuses and incentive compensation. But that provision proved largely ineffective. The SEC didn't bring a case under this provision for four years, and when it finally found success - UnitedHealth's former CEO was forced to pay back more than $400 million worth of stock options gains, unexercised options and retirement pay after a stock...

Author: /time Magazine | Title: Do Caps on Executive Compensation Really Work? | 9/25/2008 | See Source »

Which is still no mean feat, and One Fifth Avenue (Hyperion; 433 pages) is no mean book, except in the other sense of mean. So far, 2008 is looking like a career year for Bushnell, what with the success of the Sex and the City movie and the success--or, at any rate, the renewal--of her NBC series Lipstick Jungle. She also just announced a deal to write young-adult novels about the teen years of Carrie Bradshaw. One Fifth Avenue should round all that out nicely. It's certainly a page turner of practically Germanic efficiency...

Author: /time Magazine | Title: Text and the City | 9/25/2008 | See Source »

...type...but how they see the world around them.” “If I can be respectful of the students’ other responsibilities, and still foster and encourage an understanding of and appreciation for typography and fine printing, I think the class will be a success,” Russem says. For those who didn’t or couldn’t register for the course this semester, there will still be plenty of opportunities for students to get involved. Open Press Thursdays will still be buzzing, and Russem is organizing type-related film screenings...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: Bow and Arrow Press Gets Classy | 9/25/2008 | See Source »

...approval. Christo and Jeanne-Claude are currently working on a project entitled “Over The River”—a six-mile-long stretch of fabric panels suspended over the Arkansas River. It is expected to be completed in the summer of 2012, pending the success of their proven negotiation methods. —Staff writer Athena Y. Jiang can be reached at ajiang@fas.harvard.edu...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Harvard Law School Honors ‘The Gates’ Artists | 9/24/2008 | See Source »

...popularity and the honeymoon period that new prime ministers often enjoy. But it would also open the door for DPJ members to gain seats in Parliament. The DPJ has made a career out of being the naysayer opposition party to the LDP, and has recently had some success in eroding public support for its political rival, capitalizing on issues like a problem with pensions in which millions of dollars in public money disappeared, and a tainted rice scandal involving the Ministry of Agriculture. The DPJ won the Upper House elections last year, the first time an opposition party...

Author: /time Magazine | Title: Clock Starts Running for Japan's Aso | 9/24/2008 | See Source »

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