Quote from The Baron Son "Tis not one’s failings alone that produce
self-mastery, but studying the causes of such failure, coupled with
the persistent application of new methods."
Zuckerberg’s Big Tax Bill May Benefit Facebook Mark Zuckerberg plans to exercise stock options with an estimated value of $5 billion ahead of Facebook’s initial public offering, which will translate into a big tax benefit for the company.
DealBook: Goldman Gives Blankfein $7 Million Stock Award With a $2 million base salary, the 2011 pay package for Lloyd Blankfein, the chief executive of Goldman Sachs, so far totals $9 million. Goldman has not yet disclosed the size of his cash bonus
Looking Forward, Fiji Turns to Its Canoeing Past The traditional canoe is at the center of several projects aimed at reducing Fiji’s energy consumption, providing cheaper transport, keeping local traditions alive and giving a boost to tourism.
New York Sues 3 Banks Over MERS Mortgage Database The state attorney general asserted that fraudulent use of the tracking system allowed Bank of America, Wells Fargo and JPMorgan Chase to avoid the need for recording mortgage transfers.
Caterpillar to Close Assembly Factory in Canada The company planned to move locomotive production to other operations in North and South America after contract talks with unionized workers soured.
Economix Blog: Uwe E. Reinhardt: Health-Care Payers Push Back Against Costs The opacity surrounding prices and the practice of charging different buyers different prices for identical goods or services contribute mightily to the cost of health care, but at the least the former may be on the way out, an economist writes.