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...goes without saying that, in times like these, the issue of executive compensation is indeed a touchy one. Early this year, the world was shocked to learn that many of Wall Street’s besieged “masters of the universe” had still pocketed vast sums of money in bonuses and salaries—despite the sharp economic downturn that some believe was caused largely by their decisions. Following suit, a group of 10 members of the College’s Class of 1969 have called for drastically lower pay for top executives at the Harvard...

Author: By The Crimson Staff | Title: Show Them the Money | 2/3/2009 | See Source »

...British writer John Fowles, embracing as he grew older the pleasures of meadow and garden, saw this clearly. “What has to be done,” he said, “is to get this vast and growing army of the indifferent to see nature as a daily pleasure of the civilized life.” He turned his own talents as a writer to this task, allowing his imagination transport back to June evenings spent with “cream-white furbelows, bee-loud and brave against an azure sea of the acacias...

Author: By Jessica A. Sequeira, CRIMSON STAFF WRITER | Title: Paradise Found | 2/3/2009 | See Source »

...Clint Murchison Jr., who invested his father's oil money in a myriad of ways, many ill-fated: "[C]lint sank millions into deals on handshakes, on napkins, at urinals, risking vast amounts on investments he seldom too time to study...A solid 8 or 10 percent bored him. By the mid-1970s, he simply couldn't be bothered with any investment that didn't promise tripling his return or more. Ttere was the ten million he threw away on an Oklahoma plant that was to convert cattle manure into national gas. Clint named it the Calorific Reclamation Anaerobic process...

Author: /time Magazine | Title: The Big Rich | 2/2/2009 | See Source »

...want to stress that this house, despite what people may think from the coverage in the past week, is a house full of people who in the vast majority of cases do a bloody good job," Baroness Royall told the Sunday Times on Feb. 1. Despite the bad press it occasioned, the original Sunday Times article in some ways supports her view. When Lord Rogan, the Ulster Unionist, was approached by the reporters masquerading as lobbyists, his response was clear-cut. "If your direct proposal is as stark as for me to put down an amendment that...

Author: /time Magazine | Title: Lords for Hire? Scandal Rocks U.K. Parliament | 2/2/2009 | See Source »

...authors "webscabs" who are turning the role of writer into a "pixel-stained Technopeasant wretch." (Hendrix later admitted, in a "debate" with Sigler in Sept. 2007 in San Franciscio, that his comments were "incendiary," but also said, "In the long run, what you may end up with is a vast digital slush pile" and "a mass of novels written by 15-year-olds.") Even David Moldawer, the associate editor who helped sign Hutchins to St. Martin's dismisses novel podcasting's growth. "It's a very small community," Moldawer, who now works for Penguin Books, told TIME. "I think...

Author: /time Magazine | Title: Podcasting Your Novel: Publishing's Next Wave? | 1/31/2009 | See Source »

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