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...founders of the "say on pay" movement probably wouldn't put it so diplomatically. In the fall of 2005, the American Federation of State, County and Municipal Employees (AFSCME), a union that runs a $850 million pension fund, was trying to figure out what to do about CEO pay - especially at Home Depot, one of its holdings, where then CEO Bob Nardelli was collecting a nearly $32-million pay package for the year, while the company's stock languished. "We had reached a level of frustration because it seemed CEO pay, no matter what we did as activist investors, kept...

Author: /time Magazine | Title: Giving Investors a Say on CEO Pay | 4/9/2008 | See Source »

...inhabitants voted for the PIS in the last election; Tusk's party got only 10%. The region is poor: Radecznica's sole employer is a state mental institution. The town lacks paved roads and even a sewage system. Mayor Gabryel Gabka, 58, has applied for European Union money to build one. "But even if we get it, there may not be the people here to do the job," he says. As for Tusk's "liberal" agenda, says Lucjan Bednarz, a local PIS activist: "Only youngsters who are not yet able to have a stable opinion and who are influenced...

Author: /time Magazine | Title: Remaking Poland | 4/9/2008 | See Source »

What have you accomplished in your four months in office? The government has been repairing Poland's image, and its relations with the European Union and the world. In the first 100 days we wanted to calm down the conflicts which for the past two years in Poland have devastated public debate. We are giving the citizens of Poland a sense that a reasonable and predictable government is ruling here...

Author: /time Magazine | Title: TIME Interview: Donald Tusk | 4/9/2008 | See Source »

...your trade union colleagues in Solidarity view your free market ideas? It was not possible to convince everyone. The key person was [Solidarity leader] Lech Walesa. A not-highly educated, some would say simple, man, but deeply clever, wise, with huge intuition. Walesa - this is his greatness - put Solidarity and his own authority in play to protect Poland's free market and pro-Western orientation...

Author: /time Magazine | Title: TIME Interview: Donald Tusk | 4/9/2008 | See Source »

...international community, which brokered the peace deal, is fast losing patience with both sides. Former U.N. Secretary General Kofi Annan, who mediated the agreement, has repeatedly urged the two sides to come to a deal, and the European Union on Tuesday warned both sides not to lose momentum...

Author: /time Magazine | Title: Breakdown in Kenya Coalition Talks | 4/8/2008 | See Source »

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