Politicians are vowing to take a hard line on executive pay without actually imposing limits. Experts say that’s because such pay caps prove unpopular, and rarely work.
June 2009
Rules would stop short of CEO pay caps
Chatty workers are best telecommuters
In all the effusive cheering over telecommuting, many managers have overlooked a simple fact: Some of us are simply not wired for the life of the digital nomad.
Risk exists for another Madoff-type scam
Monday brought some closure to Bernard Madoff’s victims, a scheme that was exposed in part because the plummeting stock market led investors to demand repayment.
Wall Street headed for a higher open
U.S. stock futures are slightly higher Tuesday morning, extending modest gains logged the previous day and following mixed trading in overseas markets.
Answer Desk: Stimulus spending is slow
The government’s stimulus plan was supposed to flood the economy with cash to help end the recession. But so far, spending is just a trickle. The Answer Desk, by John W. Schoen.
Source: 10 more will be charged in Madoff scam
A person familiar with the investigation into disgraced financier Bernard Madoff says 10 more people will be charged by the time the probe is complete.
Madoff sentenced to 150 years in prison
Bernard Madoff was sentenced Monday to 150 years in prison after apologizing to victims for a multibillion-dollar fraud scheme that the judge called “extraordinarily evil.”
Many retailers are facing a cruel summer
As Americans get ready to celebrate July Fourth, many merchants already have dismissed summer as a washout.
Why buy? ‘Transumers’ try to rent everything
The rise of rental or borrowing services catering from everyone from fashionistas to environmentalists has spawned a marketing buzzword: the “transumer.”