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Carried interest is the main way partners in private equity and venture capital--and some hedge funds--are paid. The outside investors in a fund give the inside partners a share of profits (an interest) as compensation for their work. Compensation, whether the weekly pay of wage slaves or risky executive remuneration like stock options, is usually taxed as regular income at rates as high as 35%. But for reasons having mainly to do with the muddled history of partnership law, carried interest is taxed instead at the 15% capital gains rate...

Author: /time Magazine | Title: Blackstone: Too Rich for Congress | 6/28/2007 | See Source »

...widely accepted rules of the expectations game, that his take will be at least that high. Edwards campaign officials say that total, while lagging Clinton and Obama, will keep the candidate on track to raising $40 million by the Iowa caucuses. They believe that will be enough to wage a campaign focused almost exclusively on the four early states of Iowa, New Hampshire, South Carolina, and Nevada...

Author: /time Magazine | Title: Counting the Campaign Cash | 6/28/2007 | See Source »

Those powers are the sneaker companies - Nike and Adidas - who wage a ferocious battle to sell athletic footwear, gear and clothing to consumers in virtually every country in the world. None of those markets is more important than China. Nike brand President Charlie Denson said last week that China would surpass Japan by 2009 and become the company's second largest market worldwide...

Author: /time Magazine | Title: After Yao the NBA Cheers Yi | 6/28/2007 | See Source »

...this is a critical part agreed upon by [the involved parties]," said David Silvey, the vice president and general manager for the Northeast region of AlliedBarton. He explained that the professionalism of the security industry is of great importance to the company, and accordingly, the contract "tied the [wage] increases to that...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Guards Score Long-Awaited Wage Increase | 6/22/2007 | See Source »

Last month, AlliedBarton passed Harvard’s annual audits, performed with the goal of ensuring that the company was in line with the University’s hiring and wage practices, Wrinn said...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Guards Score Long-Awaited Wage Increase | 6/22/2007 | See Source »

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