Wall Street CEOs: Who's paid the most   Leave a comment

Reblogged from The Buzz - Investment and Stock Market News:

It's that time of year again. Most of the nation's big banks have disclosed how much chief executives earned in 2012. While some had their compensation cut, others received hefty raises.

One caveat: Wells Fargo (WFC) CEO John Stumpf, who received $17.6 million in total compensation in 2011, is not on the list. Wells has not yet disclosed Stumpf's 2012 compensation.

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Outrageous! Half of these companies should have gone under, would have gone under if not for taxpayer bailouts.

Posted February 25, 2013 by econprofessor in Economics

Time for U.S. to stop shielding Israel   Leave a comment

Reblogged from Global Public Square:

By Ibrahim Sharqieh, Special to CNN

Editor’s note: Ibrahim Sharqieh is deputy director of the Brookings Institution’s Doha Center. The views expressed are the writer’s own.

We are now set for a third term for Israeli Premier Benjamin Netanyahu. And, although Netanyahu’s Likud-Yisrael Beiteinu coalition seems to have underperformed expectations, a plurality of the vote will allow him to once again lead Israel’s government.

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This needs to stop. Israel's policy has isolated the U.S. globally.

Posted January 31, 2013 by econprofessor in Economics

Sen. Robert Menendez denies improper travel and hiring prostitutes   Leave a comment

Reblogged from CNN Political Ticker:

Washington (CNN) -- Sen. Robert Menendez's office issued a statement Wednesday saying he had traveled several times on a plane belonging to a Florida eye doctor who had given political donations to Menendez but that all the trips were "paid for and reported appropriately." The office also denied allegations the New Jersey Democrat had engaged the services of prostitutes.

The statement was issued after FBI agents searched the West Palm Beach office of the ophthalmologist, Dr.

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The corruption has to stop.

Posted January 31, 2013 by econprofessor in Economics

Tip of the Day:…   Leave a comment

Tip of the Day: A Utility Curve shows an individual’s personal preference for two scenarios relative to one another. It represents an amount of one option that the person is willing to trade for a given amount of the other option. It’s often used to compare an individual’s preferences between two goods. Each possible point along the Utility Curve provides the individual with the same quantity of “utils” as any other point on the curve.

India's sex slaves face lifelong cycle of abuse   Leave a comment

Reblogged from The CNN Freedom Project: Ending Modern-Day Slavery:

Editor’s note: Davinder Kumar is an award-winning development journalist and a Chevening Human Rights Scholar. He works for children's rights organization Plan International. On October 11, International Day of the Girl, Plan International launches its global campaign "Because I am a Girl," dedicated to improving girls' education. The girls' names have been changed to protect their identities.

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This is terrible. Nobody in this day and age should be a slave of any kind, let alone in a supposedly free country like India.

Posted December 6, 2012 by econprofessor in Economics

Unicorns' Existence Proven, Says North Korea   Leave a comment

Reblogged from NewsFeed:

You can be forgiven for thinking that unicorns only exist in medieval fables and modern-day cartoons. North Korean scientists say you are wrong.

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Very odd...

Posted December 3, 2012 by econprofessor in Economics

3 challenges for China's next leaders   Leave a comment

Reblogged from Global Public Square:

By Global Public Square staff

The most intriguing story this week might play out not in Washington, but thousands of miles away, in Beijing. Why? Well, consider this. We didn't know who the next occupant of the White House would be (now we do), but we have a pretty good estimate of his policies. On the other hand in China, we almost certainly know the identity of the next top leader, Xi Jinping.

Read more… 533 more words

Posted November 6, 2012 by econprofessor in Economics

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