"Of the top 100 Swiss companies, 49 give shareholders a consulting vote on the pay of executives. A few other countries, including the United States and Germany, have introduced advisory "say on pay" votes in response to the anger over inequality and corporate excess that drove the Occupy Wall Street movement. Britain is also planning to implement rules in late 2013 that will give shareholders a binding vote on pay and "exit payments" at least every three years.
Minder's initiative goes further, forcing all listed companies to have binding votes on compensation for company managers and directors, and ban golden handshakes and parachutes. It would also ban bonus payments to managers if their companies are taken over, and impose severe penalties — including possible jail sentences and fines — for breaches of these new rules."
posted by vidur
on Jan 21, 2013 -
32 comments
America's First Suburb Turns 60 Almost 60 years ago, a planned community embodied the hopes and prosperity of America. Now, it represents a more realistic picture of the American experience. The BBC investigates Levittown, Pennsylvania, as part of a year-long series.
[more inside]
posted by modernnomad
on Nov 8, 2011 -
91 comments
The talks between President Obama and House Speaker John Boehner
"collapsed" Friday with little more than a week to go before the United States may effectively default on its debt. The two parties have been in ongoing negotiations for months over GOP refusal to raise the legal limit on national debt unless tied to a significant package of spending cuts - with some members and activists
opposed to any increase whatsoever [more inside]
posted by crayz
on Jul 24, 2011 -
3228 comments
"
Meanwhile, Important Politician stretches out in his business class seat and listens to his wife talk about the pearls! And the silk scarves! And the amazing food! And IP thinks back to that Foreign Service Officer he just met. And he thinks: what a great life that guy has! He goes to parties at the President's mansion. He drinks fancy wine. He drives around in air conditioned motorcades, with people saluting him as he walks into government buildings. He goes hiking - in the middle of a work day, even! - on the Great Wall. What a cushy life he leads, thinks Important Politician." A
proposed pay cut is not going down well with
some Foreign Service Officers.
posted by vidur
on Feb 26, 2011 -
13 comments
In 2010,
Obama will have a miserable year,
NATO may lose in Afghanistan,
the UK gets a regime change,
China needs to chill,
India's factories will overtake its farms,
Europe risks becoming an irrelevant museum,
the stimulus will need an exit strategy,
the G20 will see a challenge from the "G2",
African football will
unite Korea,
conflict over natural resources will grow,
Sarkozy will be unloved and unrivalled,
the kids will come together to solve the world's problems (because their elders are unable),
technology will grow ever more ubiquitous,
we'll all charge our phones via USB,
MBAs will be uncool,
the Space Shuttle will be put to rest, and
Somalia will be the worst country in the world. And so
the Tens begin.
The Economist: The World in 2010.
[more inside]
posted by goodnewsfortheinsane
on Nov 14, 2009 -
60 comments
Russian professor and information warrior,
Igor Panarin, has predicted the
collapse and breakup of the USA. (Potential artists' renderings
1 2) The interview was originally reported in the Russian newspaper,
Izvestia. (Google Translated) The prediction has been met with varying levels of credulity,
scoffed at by some and
embraced by
others. The prediction, which goes so far as to speculate
exactly how the US might reorganize, was posted to
Drudge and has offended many
bloggers who, while excited by the prospects of secession, are insulted by the insinuation that the south may go Hispanic and not Confederate.
posted by Telf
on Nov 26, 2008 -
106 comments
A very special '
This American Life' about an administration with the endemic belief that laws only apply to the little people, and a limitless refusal to concede on even petty issues, no matter the costs. The highlight is about immigrant widows of US citizens (30:50). The program also discusses the constitutional beliefs of the presidential candidates.
[more inside]
posted by East Manitoba Regional Junior Kabaddi Champion '94
on Apr 2, 2008 -
43 comments
TheDataWeb - a network of online data libraries on topics including census data, economic data, health data, income and unemployment data, population data, labor data, cancer data, crime and transportation data, family dynamics, vital statistics data
posted by Gyan
on Dec 26, 2007 -
10 comments
Tax Man Bush says tax cuts stimulate the economy. Unfortunately, he's fallen more than 2.2 million jobs short of the projection made by his own economists.
posted by Postroad
on Jul 28, 2004 -
6 comments
U.S. job growth strongest in 4 years in March. Non-farm payrolls climbed 308,000 in March, the Labor Department said, the biggest gain since April 2000. However, the unemployment rate actually ticked upward from 5.6%, the two-year low seen in January and February, to 5.7% in March.
Note in passing that this took place during the Bush administration!
posted by msacheson
on Apr 2, 2004 -
67 comments
A little coffee shop in a little North Carolina town closes. When I worked in Fuquay-Varina, N.C., the opening of the
Hyphen (get it? get it? the Hyphen in Fuquay-Varina?) was a miracle. There, in the midst of antique stores, clothiers, and the
Bob Barker Co., was this hip, unique eatery owned and operated by two local artists. Owner Nina Fortmeyer partially cites that the little tobacco town has simply become "Wal-Mart-ized" in its growth, leading to a loss in downtown foot traffic, leading to lost business. This, methinks, is the greatest and most obvious consequence of globalization, the mom-and-pops being run out of town. If this is happening in Fuquay-Varina, it is absolutely happening everywhere. Very sad.
posted by NedKoppel
on Jul 8, 2003 -
63 comments
The End of Empire? "You can't sustain an empire from a debtor's weakening position--sooner or later the creditors pull the plug. That humiliating lesson was learned by Great Britain early in the last century, and the United States faces a similar reckoning ahead."
posted by homunculus
on Sep 9, 2002 -
39 comments
I'm curious, isn't this exactly opposite of what we're being told? I'm always hearing the wealthy are benefitting somehow from GWB's new tax plan. I'm certainly no-where near the top 5%, and now I don't want to be.
posted by the_0ne
on Apr 9, 2002 -
54 comments
Taliban say they underminded the US economy by halting opium production. ``It's known in select circles.. that opium is more influential than oil in terms of its economic role in America in particular and the West as a whole,''
posted by stbalbach
on Jun 16, 2001 -
7 comments
The House has passed the bankruptcy reform bill that Clinton vetoed at the end of the last session. I'm mildly optimistic that it won't pass the Senate, given that the Democratic vote in the House was split. But should we be worried at all?
At first glance, it doesn't seem like a bad idea. But so many consumer groups are against it, and it seems to benefit credit card companies while hurting individuals, so I'm inclined to think we should leave things as-is. Especially since personal bankruptcies are down and credit card issuers' profits are up. Anyone know more about this?
posted by aaron
on Mar 1, 2001 -
7 comments
"Tax Clarity was created to help you decipher what the tax plans by both presidential candidates mean to you personally." Enter some information from your paycheck and find out how much you'd save using either Bush's or Gore's tax plans.
via dandot.
posted by phooey
on Oct 11, 2000 -
37 comments
