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...reached a level of frustration because it seemed CEO pay, no matter what we did as activist investors, kept spiraling out of control," says Richard Ferlauto, AFSCME's director of pension and benefit policy. The quintessential example: after Congress passed a law that gave companies incentives to cap CEO base salaries at $1 million a year, the issuance of stock options, an alternative way to pad pay packages, skyrocketed - to the point that by 2005, average large-company CEO compensation had reached 262 times the average employee's take, compared with 24 times in 1965, according to the Economic Policy...

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

...After an error by third baseman Sean O’Hara allowed Cornell’s Jadd Schmeltzer to reach base, Hardinger hammered a fastball from senior Brad Unger into the gap, and Schmeltzer came around easily to extend Harvard’s woes...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: Split Gives Harvard First Ivy Win | 4/8/2008 | See Source »

...great job today,” head coach Jenny Allard said. “She kept us in the game and set up Shelly well.” The Crimson struck in the bottom of the third inning, as freshman Emily Henderson hit a one-out single, stole second base, and scored on a two-out pinch-hit single by sophomore Jessica Pledger. Henderson had three stolen bases in the game, which moved the speedy first-year player into a tie for fifth place on the Harvard single-season steals list with 16 stolen bases in 19 attempts already this...

Author: By Thomas D. Hutchison, CONTRIBUTING WRITER | Title: Crimson Keeps Up Streak, Sweeps Penn | 4/7/2008 | See Source »

...general acceptance rate hovers around 8 or 9 percent—this year, a mere 7.1 percent were admitted. Yet the admissions rate was between 34 and 35 percent for legacy applicants to the class of 2011 . Given the weight its degrees carry, shouldn’t Harvard base its admissions solely on merit? Why should legacy status serve even as a “feather in the scale,” as Dean of Admissions Marlyn McGrath ’70 put it? Maybe no one has made the right case for legacies. Sure, their SAT scores...

Author: By Alexandra A. Petri | Title: Give Legacies a Chance | 4/7/2008 | See Source »

...love guys like that.” Despite having multiple runners on in four of the first six innings, the Harvard offense could not provide any run support, extending its dry spell from the opener. Freshman Sean O’Hara supplied the Crimson’s first extra-base hit of the doubleheader—after nine singles—when he doubled off Penn reliever Reid Terry in the eighth. Terry finished the shutout for rookie Sam Gilbert, who turned in 5 2/3 innings of scoreless ball. PENN 10, HARVARD 0 Quakers stopper Todd Roth bested Harvard?...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: Quakers Shake Up Harvard in Twin Bill | 4/7/2008 | See Source »

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