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...board only has to answer one question. With its shares at a multi-year low and trading almost 70% below where they were twelve months ago, why is the company still a conglomerate? The only answer to that is that the board and senior management have decided to keep it that way. It has become harder and harder to defend having entertainment, medical products, and jet aircraft manufacturing under the same roof with several risky financial services units. While the company's CEO has defended that point of view, it is hard to imagine why the board has supported...

Author: /time Magazine | Title: Boards Refuse to Act Despite Poor Governance | 2/5/2009 | See Source »

...Gregg, a multi-millionaire, won more than $850,000 playing Powerball in 2005 after buying about $20 worth of lottery tickets...

Author: /time Magazine | Title: Commerce Secretary Judd Gregg | 2/4/2009 | See Source »

...Still, the outlaw spirit lives on in the work of contemporary monkeywrenchers like Tim DeChristopher, a 27-year-old college student who singlehandedly disrupted a multi-million-dollar land auction that would have put hundreds of thousands of acres of public lands in southern Utah in the hands of oil and gas companies. But DeChristopher didn't use sabotage or homemade bombs-just chutzpah. (See the top 10 green ideas...

Author: /time Magazine | Title: To Protect Public Land, Eco Protesters Get Creative | 1/31/2009 | See Source »

...group of alumni who in 2003 led a successful charge to reduce what it termed “excessive” multi-million compensation for Harvard’s money managers has renewed its push for lower pay in light of Harvard’s plummeting endowment value...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Alumni Urge Lower Pay For HMC | 1/29/2009 | See Source »

Splitting ranks between the Harvard-hosted Crimson Multi Meet and the Terrier Invitational at Boston University on Friday and Saturday, the Harvard co-ed track and field team notched two event wins, five ECAC and IC4A qualifiers, and 17 top-10 finishes. “I was really pleased with how we competed,” Crimson coach Jason Saretsky said. “Coming off of final exams is always pretty tricky, so it’s good to see we’re all ramped up for this indoor series.” Freshman John Dingus provided...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: Crimson Posts Solid Performance | 1/27/2009 | See Source »

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