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...system, companies that take TARP will be required to create an internal panel on "luxury" purchases, the definition of luxury - a jet, fancy office or glitzy sales conference? - being left vague under the "you know it when you see it" rule. It also allows employees to "name and shame" abusers. There's a dose of shareholder democracy too. Companies will have to subject their compensation packages to a nonbinding shareholder vote, popularly known as "say on pay." (See the top 10 scandals...
...November, the CEB conducted a two-part poll which asked students to name a preferred genre for campus performances and to create a wish-list of up to ten artists that they would most like to see perform at campus events...
...held the banner, another questioned the speaker, CEO of Arch Coal Steven F. Leer, on the viability of coal as a solution to climate change. When moderator Daniel P. Schrag, an earth and planetary sciences professor and director of Harvard University Center for the Environment, asked the objector his name, the man replied, “coal kills.” Several audience members responded to this statement with applause. The interruption concluded when Schrag asked the Rising Tide representatives to leave the stage. Before the disruption, Leer promoted clean coal technologies, such as Carbon Storage and Sequestration...
...third high-level White House appointee in income tax arrears, the president isn’t the only one who should be issuing mea culpas. Earlier this week, heath and human services secretary pick Tom Daschle became the second of Obama’s nominees to withdraw his name from consideration because of tax problems. This happened only a few hours after prospective chief performance officer Nancy Killefer did the same. Daschle explained that he withdrew so that his mistake would not “be a distraction” from Obama’s health-care initiative...
...have the right credentials. Among them is Kansas' Kathleen Sebelius, who served a stint as the state's insurance commissioner before being elected Governor. Sebelius has the advantage of having already been vetted by the Obama team, in last summer's Vice Presidential search, but she also withdrew her name for Cabinet posts' consideration in early December, citing the deteriorating budget in her home state. Other possibilities include Pennsylvania Governor Ed Rendell; former Oregon Governor John Kitzhaber, who has practiced as a physician, and Tennessee Governor Phil Bredesen, a former managed-care executive...