Andrew J. Hall, Citigroup’s $100 million man, is considering a compromise to please pay czar Kenneth Feinberg. Reports the WSJ:
The discussions include converting a substantial chunk of Mr. Hall’s compensation for 2010 to equity from cash, these people said. A deal wouldn’t affect the head of Citigroup energy-trading unit Phibro LLC’s
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The recession and the green movement are forces that crisscross and team up in many ways. Goods that are disposable or used briefly before heading to landfills are not cool—because they’re both expensive and environmentally unfriendly. Hybrid cars are attractive because you save on gas in the course of decreasing your impact on Mother …
The second passenger rides for free on Amtrak’s Downeaster train, which serves Maine. Tickets must be purchased at least three days in advance. More details here.
Emanuel Derman writes (via Felix):
[T]he EMH, if you don’t take it too literally and get carried away about axiomatically defining strong, weak and other kinds of efficiency as though you were dealing with axiomatic quantum field theory, does recognize one true thing: that it’s #$&^ing difficult or well-nigh impossible to systematically
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My Authors@Google talk is behind me, as is—sadly—my excellent free Google cafeteria lunch (tandoori sturgeon, lentil cakes, roasted potatoes, kale, some sort of coconut-tofu curry, rice and salad). Now I’m sitting in the lobby of Google’s SF office using the guest wifi network to check on the Federal Open Market Committee’s statement …
Could the onset of the recession actually make people happier? In fact, it could—if only because it can remind people of what’s really important in life. And truth be told, buying stuff doesn’t make folks happy in the long run.
“It’s morally wrong to allow a sucker to keep his money.”
A British company focuses on helping the environment and maintaining profits
A survey of 30 countries revealed that Americans, Canadians, and Spaniards have the highest cell phone bills in the world. Why? It’s not because we use our cell phones more.
In response to Justin’s post about an increase in worker productivity, commenter Newdealanne writes:
The real issue here isn’t how many jobs there are or aren’t; it’s how much they pay.
I’m sorry to say things aren’t looking rosy on that front. As I write in this Time.com story, companies have taken the most recent recession as an …
A lot of people have been decrying health care reform as socialism. They’re begging our political leaders to restore the nation to its original state and purpose. Well, in some cases, the patient-doctor relationship is returning to something that might have been seen in early America, with patients “paying” for health care services with …
