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...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 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...

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

...there are factors that the Crimson can control, and if it does, Harvard would not only finish its season on a high note but put itself in a position, should disaster somehow strike the rest of the Rolfe, to give itself a fighting chance in the division...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: AMOR PERFECT UNION: All Hope Not Lost For the Crimson | 4/9/2008 | See Source »

...confines of that very room in University Hall.A BROAD RESTRUCTURINGDean of the Faculty Michael D. Smith discussed plans for a wide administrative restructuring at the meeting, emphasizing a bigger role for divisional deans and proposing to temporarily slow faculty hiring.The divisional deans would take on increased roles, including control over budgeting, faculty searches, hiring and salaries, and academic and strategic planning.Government professor Stanley Hoffman expressed worry that the Faculty of Arts and Sciences administration might become too bureaucratic like his native France, and that teachers and researchers might be “not just constrained but pushed aside by professional...

Author: By Aditi Balakrishna, Maxwell L. Child, and Christian B. Flow, CRIMSON STAFF WRITERSS | Title: Faculty Hiring Will Slow, Smith Says | 4/9/2008 | See Source »

...system is witnessing a spike in patients and office visits. While this does place an undeniable strain on the health care system, the burden is nonetheless worth the cost: Studies have demonstrated that access to primary care improves health, allowing doctors to practice preventative medicine, monitor chronic diseases, and control rising health care costs. If we intend to actually realize the benefits of primary care, however, we must take active steps—whether through tuition breaks, tax subsidies, or pay scale changes—to encourage medical students to enter primary care...

Author: By The Crimson Staff | Title: Where Are the Primary Care Doctors? | 4/9/2008 | See Source »

...sides appeared to have found a solution by expanding the cabinet to 40 ministries, from the current 34, and had planned to announce a power-sharing lineup on Sunday. But the ceremony was scuttled at the last minute because the neither side would give up its demand for control of five key ministries - foreign affairs, local government, transport, energy and the new ministry of cabinet affairs...

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

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