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18 Sep 2009 11:51

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Biz: Question to Citigroup CEO: Is an employee’s $100 million salary too much?

  • You can bet he answered yes. Vikram Pandit of Citigroup admits that they’re probably paying too much to Andrew Hall, that trader who lives in a castle thanks to his massive salary. Wouldn’t it have been funny if Pandit said, “No, we’re not paying too much to a single guy!”? Man, the bailed-out company would be hearing it for months. source
Posted by Ernie Smith • 0 Comments • Permalink

11 Aug 2009 10:52

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Politics: Princeton professor: Interest groups damage the political process

  • Interest groups have clearly eroded the quality of our democratic process. The most obvious way has been through outright corruption. There are many historical examples of how powerful interest groups tried to buy their way to success.
  • Princeton professor Julian E. Zelizer • Discussing the damage that interest groups have done to political discourse. He’s not simply talking about the current situation with town halls and health care, although that’s part of it. He says that in general, interest groups have too much power: “Lobbyists and politicians on the left and right have been guilty of these sins.” He refers to the underrated movie “Bulworth,” which attacked this issue head-on. • source
Posted by Ernie Smith • 0 Comments • Permalink

26 May 2009 12:30

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Culture, Tech: Teens text too much, and it isn’t healthy, say old jerks

  • 2,272 Average number of texts teens send in an average month source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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