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...struggling states to help avoid layoffs of teachers, police and public employees and upwards of $500 billion more in targeted infrastructure and green-jobs investment. It proposes paying for this by instituting a stock transaction surcharge of 0.25% per trade - a move vehemently opposed by Wall Street, business groups, House Speaker Nancy Pelosi and the White House. (See 10 ways your job will change...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

Nyamekye, who at times resembled a brick wall in the Harvard defense, also has a potential career in soccer ahead...

Author: By Charlie Cabot, CONTRIBUTING WRITER | Title: Crimson Says Goodbye to Accomplished Senior Class | 12/2/2009 | See Source »

...pattern of career choices began to change. Until then, even though business ambitions and management degrees have not been disfavored in our competition, business careers attracted relatively few Rhodes Scholars, and it was the rare scholar who went to Wall Street or to finance. No one argued this an unfit or unworthy domain for Rhodes Scholars; it was simply on few scholars’ radar. And those who did make such a choice, including myself, usually did so after beginning a different career. Only three of the 320 American Rhodes Scholars in the ’70s went directly into...

Author: By Elliot F. Gerson | Title: Stolen by the Street | 12/2/2009 | See Source »

Many thought a silver lining of last year’s financial crisis—or from the populist rage that flared against Wall Street excess and profits from leverage, not creativity—would be that earnings differentials would return from obscene to merely enormous levels, if not to the very generous multiples that had long been adequate to fuel a vibrant economy. Well, the hyper-bonuses are back—astonishingly having been made even easier to achieve with taxpayers socializing the downside risks. And the crisis? What crisis...

Author: By Elliot F. Gerson | Title: Stolen by the Street | 12/2/2009 | See Source »

...Married Wall Street trader Steven Ehrenkranz, a childhood friend, in 2004. They divorced four months later, and Uchitel began a new career in Las Vegas as a nightclub hostess and VIP coordinator...

Author: /time Magazine | Title: Rachel Uchitel: Tiger Woods' Alleged Mistress | 12/2/2009 | See Source »

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