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GC Compensation Survey Methodology
How do we find out how much the highest-paid general counsel make? The corporations tell us. Public companies must disclose the compensation packages for their CEOs and their four other highest-paid executives in the annual proxy statements they file with the Securities and Exchange Commission. We comb through the Fortune 500 companies' proxies in order to compile our list.Bernanke's Operation Twist sharpens year-end stimulus anxiety
The Federal Reserve oxtended its Operation Twist program to swap $267 billion in short-term securities with longer-term debt through December.Greenspan at times fumbles his economic forecasts
FINANCIAL MARKETS HAVE to quit hanging on Alan Greenspan's every word. That's because the former Federal Reserve chairman's economic forecasting skills aren't always right.A review of some important events in recent economic history-such as the dot-com implosion in 2000 or the 1990 recession-shows that Greenspan has had some big misses.Judge Finds Tobacco Settlement Bars Claims for Punitive Damages
A federal judge has ruled that New York's participation in the nationwide $208 billion settlement reached in 1998 between 46 states and the tobacco industry bars subsequent claims for punitive damages in smokers' damage actions in New York. The judge also rejected a design-defect theory that led to a $20 million verdict against two cigarette manufacturers in a separate 2005 state case. More than $17 million of that verdict stemmed from an award of punitive damages.Judge: Tobacco Settlement Bars Claims for Punitive Damages
A federal judge has ruled that New York's participation in the nationwide $208 billion settlement reached in 1998 between 46 states and the tobacco industry bars subsequent claims for punitive damages in smokers' damage actions in New York.Panel supports arbitration to resolve tobacco disputes
Employing broad language, the New York Appellate Division, First Department, handed tobacco companies a victory yesterday by ruling that disputes over reductions in their payments to the states under a $206 billion nationwide settlement must go to arbitration.Trending Stories
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