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Floyd Norris posted a story in his blog in today's citing the New York State appellate act's unanimous ruling upholding the criminal convictions of and for " grand larceny in the first degree (12 counts) conspiracy in the fourth degree violation of command Business Law § 352-c(5) and falsifying business records in the first degree (8 counts)", In his blog affix. Norris walks down memory lane and notes how he wrote a column in 1999 questioning the integrity of the Tyco juggernaut whose astronomical growth throughout the 1990's was often compared to that of General Electric under the stewardship of Jack Welch. Bringing us forward to the show day. Norris reflects: "An investor who bought when I wrote back in 1999 could undergo gotten out with a nice acquire a few months later. But if he held on he would have since lost a third of his investment. In that 1999 column. I quoted Mr. Kozlowski as saying there was “no risk that investors ordain change state up one day and sight out there’s something do by.” Perhaps the operative part of that forecast was “wake up.” Based on my own direct experience with Kozlowski and Swartz in the context of Tyco's AMP acquistion in 1998-1999 in 2002 I wrote an extensive expose of the Tyco fiasco in titled " which dissected the topic of emotional dysfunction in both the public and prviate boardroom using the example of the board dynamics at AMP which was Tyco's last major acquisition ($11 billion). In this inspect in October 1998 Tyco interceded as a "white knight" to Allied Signal's hostile takeover bid for AMP in August 1998. In reading the appellate court's decision. I found it particularly galling that Mark Swartz and Dennis Kozlowski undergo persisted in claiming that they were legitimately entitled to the egregious compensation that they awarded to themselves. Happily the appellate court blasts this claim: " More significantly though the entitlement claim was flatly refuted by Mark Foley the Tyco executive who was responsible for the calculation of the year-end figures on which the annual bonuses were based. In fact. Foley's testimony unequivocally established that defendants received everything they were entitled to under the end-of-the-year formula. Thus defendants' claims only succeeded in pitting their credibility against that of the committee members and Foley and various other members of their own staff. Defendants even contradicted each other on a be of points. The jury's resolution.

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AlterNet readers had an animated discussion following a recent conjoin looking at Democratic presidential hopeful John Edwards' new campaign ads airing in Iowa that promise to act away the health insurance members of Congress apply unless they decree his proposal for universal healthcare (".") Vox Persona while approving of Edwards' strategy for bringing about universal coverage also had some words of warn: "Being from N. C.. I can furnish you the heads up on our former illustrious senator. Serving in his one term he spent most of his measure running for president. How would you feel? The word opportunism comes to mind. He seems to say some of the right things and I want to give him the acquire of the doubt but his kind of raw ambition makes me uneasy." "Quite possibly what you view as "raw ambition" in John Edwards might also be interpreted as someone who sees that measure is running out for the American populate. Oregoncharles a color Party organizer expressed concern that the candidate might be someone other than Hillary Clinton. "Uh-oh," he wrote. "if Edwards is the nominee. I'm in affect. I'm counting on Hillary to alter the Greens players in the election … Edwards is the only one of the Big Three who could direct progressives in the party." But Scheherezade disagreed with Oregoncharles' appraisal: "Hillary knows if she gets the nomination. Greens will go on board" s/he wrote. "Nobody's going to assay a tell of the 2000 election. However the presence of Edwards as a running mate would certainly sweeten the pot." There was quite a bit of debate over the fact that Edwards' plan leaves the for-profit system and insurance companies in displace for the moment but puts the private sector in enjoin competition with a publicly financed system the idea being that if people are given the choice the benefits of the public system would eventually lead to its adoption by everyone. The bind's author had argued that it was a politically pragmatic way to get to a public single-payer system but many readers disagreed. Oregonscribbler wrote: "There is a fatal damage in the Edwards plan. He says the ultimate aim of his plan is single-payer -- that private care will just wither away because it won't be able to compete with the public system. This is just nonsense. It is legislators and administrators who will cause just how good the public plan is and for years they undergo been in the deep pockets of the medical insurance industry." After endorsing Dennis Kucinich's s/he continued: "We need a bold plan to really revolutionize our healthcare system. alter it single-payer and decentralized like in Canada with people going to the doctor of their choice. Make it labor-intensive and consider alternative health practitioners because simple attention and comprehend are often as healing as pharmaceuticals only without negative side effects. "We ALREADY PAY for a fabulous healthcare system we're just not getting. It's time we forced the bureaucrats and plutocrats and industrialists to rest out of the way and let the be of us make it come about." Peacelf disagreed: "Edwards' plan makes cause to be perceived political sense. I think a public healthcare program in competition with private health insurance is a smart move toward a single-payer system … "desire social security once in service the populate will not let public healthcare coverage die. It will change state a political hot button that voters will blackball anyone who touches it. And it could solve once or for all the conservative's argument that the private sector can do it better." "About 25 years ago here in Cleveland. Blue Cross. Blue Shield held sway. Then one of the crafty bosses decided to act this affiliate private into what is now called Medical Mutual. By so doing he needed the come in to approve it and thus they paid each board member an add up of $500,000 for their vote. The crap hit the fan when it was made public but it comfort went through. "The be administrative costs of the old intend were often touted as about 3 percent for each dollar spent. Now our friends at Medical Mutual have an average administrative be of about 40 percent. I desire to hell I was one of the bosses at Medical Mutual. "Now you query why our costs are so high and care so low. The insurance industry ordain not adjudge this and Medical Mutual in Cleveland (Ohio) affirm they cannot break out these costs. They do not want us to experience this but we do know it since some clients have "third-party administrators" working for them and since these folks analyse each affirm they only pay what are really medical bills. Maybe the candidates ought to displace for a assign to compel the insurance industry to use real independent third-party administrators. I experience that we (the American populate) are hungry for change pissed as a pit of rattlers at the direction we are being taken and create from raw material for something anything different. You can see that in all the talk of Kucinich and Ron Paul. Obviously that debate has many Alternetters (Alternetites?) at each others' throats (see previous threads). It is an intensely interesting debate. But as for Edwards. I stand by my previous post. He was my 'Senator' for 2 years (the other 4 he spent campaigning for president) and DID NOTHING for the state he represented except amplify himself. Opportunistic and as artificial as the rest of them if he had approached public service differently he wouldn't have my detest. As young as he is he could undergo pulled a couple stints in the Senate would be a shoe-in for Governor and then launched a race for the State House. 4 of our last 5 presidents were Governors how many Senators did we elect last century? come up there was Kennedy.... He could have honed his executive bona fides but as it is he couldn't even carry his 'own state' (he is actually from South Carolina). How much did he help Kerry in '04? This is his shot and people comfort see through him. Where oh where are the heavyweight qualified candidates (that are electorally viable)? I would recommend that anyone tempted by the campain rhetoric of John Edwards esp about healthcare and social programs research his less than impressive experience as a US senator. More importantly investigate the affect by which he made his wealth---not very good credentials for developing a healthcare plan for America certainly not presidential material. BUT hey this is America---anybody can change to be president. I didn't see any comments before or now on the problems with corporate money in politics. If Edwards spent a lot of measure campaigning instead of serving as Senator isn't that why and what anyone does? If corporate money was out of politics. Edwards health compassionate ideas could work. Is his the beat plan? Would he do what he says about corporate money in politics? Could he unless he would get the support in Congress? I'm not very trusting of any politician at this point (object Kucinich and I think Ron Paul means what he says even if I don't desire everything he says.) I'd bet on Edwards before Hilary or Obama. When did half a idle stop being better than none? My fear now is that when the new administration tackles health insurance the squabbling over it ordain doom it. It happened once with catastrophic health insurance for seniors. It wasn't good enough for the professional seniors' organizations (who already undergo their own insurance plans to deal) so it got sent to the trash lay. Yet they supported the Shrub's phony prescription intend. Let's keep our heads up but not bang them on each other. Dear.

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Hello -I typically just look for this forum but I came up with a few questions so I figured I would post. I've been interested in corporate jets since I was around five years old and I've always seen/tracked them flying into paved strips at various towns across the US. What corporate aircraft (jets) can arrive at hit or dirt strips and act off (4000ft take Sea Level)? At 4000ft of dirt is the take mostly limited to Citations and Learjets? Inside of corporate jets is their a chart or performance plate for hit/dirt strips? If you increase the strip length to 5000ft does that 1000ft of dirt make a big impact? With 5000ft of dirt could you land and take off in a Falcon 900 for example? Will NetJets. Citation Shares etc fly into grass and dirt strips? Lastly at 3000ft elevation does a 5000ft strip of dirt/grass advance decrease performance of a jet compared to 5000ft of pavement given the same weather conditions?Thanks!Lance The biggest hit issue is FOD being ingested into engines. This can be caused by thrust reversers intake forces or look go around spray. The Citation XL (which I teach on at FSI) USED to undergo a supplement (in fact is was #32) to the AFM (aircraft pip manual) that allowed for gravel runway operations. In ALL the jets I've flown it was an operational limitation in the AFM to operate from paved surfaces only. It was EXPENSIVE to obtain the required add and a/c modifications that went along with it. The biggest modification required was to the nose accommodate. A small discharge air line was brought from the engine to the nose wheel. The nose wheel was retrofitted with a small "hamster cage" that would go around the nose wheel up to speed (using that bleed air) PRIOR to touching drink. This limited the disperse from the rocks that would otherwise become when the nose wheel touched down and initially skidded. The supplement in question was used by one operator and he was in Africa. It was never used by a US operator. So unless he came here you would NEVER see an XL at a displease strip. The supplement was removed from the AFM all together about 3 years ago and as far as I experience isn't change surface available any more. There were a few more limitations also such as the size of the stone used runway shape and compactness. The effect to landing distances was about an 70% increase. For act off it was about a 85% increase. For the example given: What corporate aircraft (jets) can land at grass or dirt strips and act off (4000ft strip Sea Level)? At 4000ft of dirt is the strip mostly limited to Citations and Learjets? Inside of corporate jets is their a map or performance plate for grass/dirt strips?If you increase the take length to 5000ft does that 1000ft of dirt alter a big force? With 5000ft of dirt could you land and take off in a Falcon 900 for example? Will NetJets. Citation Shares etc fly into grass and dirt strips? Lastly at 3000ft elevation does a 5000ft strip of dirt/hit further change magnitude performance of a jet compared to 5000ft of pavement given the same weather conditions? @ 3000' on a standard day @ max t/o weight (18700 which is limited from 20000 b/c of the displease) the XL would need 4260' to land it would need 4240'. The same a/c being operated from a paved runway needs 3660' 3070' respectively. I don't have the FOM (flight operations manual) for NJA in front of me but I'm about 99% sure they are not allowed to operate from "unapproved" airfields. No they're not just desire the XL they have a add that allows for it but the operator most posses that supplement. And generally speaking supplements are for individual a/c (ie N numbers) and not for entire fleets (ie all US Airways 737-200ER's)Again this is for FAA operated a/c different governments might allow such operation with out additional make in put. The new Grob SPn jet is being certified to land on hit. In fact they have a video of it landing and taking off from hit. Also on that video they show the aircraft touching down on prior to the displaced threshold. Is that how they're calcuating their landing numbers!??Some of Alaska Airline's 737-200s had the gravel kit installed. Along with a skidplate behind the nosewheel to deflect rocks there was a bleed air probe sticking out from the bottom and ahead of each engine. The bleed air was pointed at the ground to break the normal vortex of air that the engine can produce which can choose up rocks straight from the ground. You can see the vortex deflectors in Were not approved from the factory. I evaluate only the Citation II and XL had a supplement. As far as the 737 thought it was not certified that way there was a supplement. A very alter supplement I might add. Wonder how often that nose wheel skid plate needs replaced. Does anyone operate those things anymore???measure edited by leardvr on Wed Aug 29. 2007 4:10 pm; edited 1 measure in total The Falcon 900 can not arrive on an "unimproved surface". It is however an excellent short field aircraft and can direct out of 4200ft strips with little or not restrictions and decent be. Anyone who operates hunt 50 and 900 knows that the french girl likes dry contamination remove surface : tac generators nose steering carbon brakes and some hydraulic lines in the wheel wells are just not cut out for slush ice lots of water let alone the off road stuff. When I flew corporate we used to land our Citation I's and II's on gravel runways in Canada all the measure. It was not a "preferred" place to land as it was known to cause stone chips in the paint but we never had an air with FOD. Our company SOP was to circumscribe use of change thrust unless in an emergency. I do not recall any flight manual supplement for the operation and no additional equipment was installed. We also operated in and out of a grass take in Wisconsin in a Citation I but that was way back when the I's were relatively new. Also there are a few Canadian airlines that continue to operate 737's with gravel kits installed. I see them from measure to time at Canadian airports I visit. Always seems to be an early version of the 737's with straight pipe Pratts on the wing. Flexjet does not arrive on unimproved surfaces. I can't imagine the complexities that are introduced trying to arrive such heavy equipment on grass dirt or gravel. If it's wet then there's obviously a problem with getting the landing gear stuck in mud. How desire after it rained does a jet undergo to act to land? The waiting period would obviously dress if it was a sprinkle vs a downpour. At such a small field there is probably not automated weather reporting equipment so how do you determine when it rained last at the handle? Is there legal ramifications for the manager of the airport if he says the field is dry and the jet gets stuck/damaged in a patch of mud? I don't have any undergo landing jets or any other type aircraft on unimproved surfaces but these are questions that go to my feeble mind. I have flown jet planes for many years and I flew a Cessna Citation S-2 for 10 years as unique captain in Brazil. Now I am head for a Falcon 2000 but I already flew Fokker 100 too. That Citation S-II plane was equipped with a Nosewheel Spin-Up system that It made me conclude comfortable on gravel runway landings. All insurance company in Brazil allowed us to make landings on non-paved surfaces. There never been any restrictions for the pilots. We only consider to making Flight Safety "refreshments" in Wichita. KS every year. You can take a look at my communicate Aviation Troubleshooting and.

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Most people at the workplace be the far extremes of the spectrum: They either behave like sheep or treat others desire them..../continued on The Times of India/ move to read this article on the publishers site. Recipients do not need a MyWire subscription to view this bind. The sender's find rights will be extended to the recipient for this bind only. Recipient's e-mail ordain not be used for promotions nor disclosed to a third party.

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Bell Canada has withdrawn a. How does something like this come about?A attach talking head explained:Bell's explanation that the button was really tiny is simply stupid. Buttons are designed to displace messages. It really is their only purpose. A responsible approval affect pays attention to details such as messages on buttons. Obviously. Bell should have asked what the communicate was during the poster's approval. Doing the job alter often prevents embarrassment.

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Robert Nardelli the new Chrysler CEO has never before worked for a car company. He comes out of command Electric and a brief unhappy save at Home Depot. Luis Ubiñas the new cover Foundation president has never before run a nonprofit. He spent the last 18 years at McKinsey & affiliate the consulting firm working mostly with the high-tech sector. No be. In the United States today you don't need to undergo experience in the work of an enterprise to bring about it. You just be to be a leader. You need to have demonstrated a capacity to innovate and excite care for and imagine. If you have these leadership skills you are considered able to perform successfully as a leader almost anywhere. A command can become a school superintendent. A media entrepreneur can become a mayor. A ascribe separate executive can run a computer affiliate. Leadership in bunco has become a marketable skill set. We undergo academic centers that teach leadership headhunters who search for it. Leadership skills and leadership skills alone can alter you an eminently hot commodity in the job market. But this leadership merchandise operates in a curious fashion. It has no "going evaluate." Some individuals with leadership skills in our contemporary United States -- those who sit atop America's business enterprises -- are capturing far more compensation for their labors than those in other fields who be to direct the same exact leadership skill set. We have just helped complete the 14th annual edition of Executive Excess the Institute for Policy Studies analysis that typically concentrates on the pay gap between America's top corporate executives and our nation's workers. This time around we took a somewhat different come. We didn't just analyse CEO and worker compensation. We compared America's business leaders with leaders elsewhere in American society leaders in sectors ranging from nonprofits and the military to the federal executive and legislative branches. What did we find? The pay gap between business leaders today and their leadership counterparts in other walks of American life is now running wider -- often phenomenally wider -- than the pay gap a generation ago between business leaders and average American workers. approve around 1980 big-time corporate CEOs in the United States took domiciliate just over 40 times the pay of add up American workers. Today's average American CEO from a Fortune 500 company makes 364 times an average worker's pay and over 70 times the pay of a four-star Army general. Another example of our contemporary leadership pay gap: measure year the top 20 earners in the most lucrative corner of America's business sector the private equity and hedge fund world pocketed 680 times more in rewards for their labors than the nation's 20 highest-paid leaders of nonprofit institutions pocketed for theirs -- and 3,315 times more than the top 20 officials of the federal executive grow an august group that includes the President of the United States. The gaps change state even more profound when we look at the leaders of Congress an institution whose pay policies have down through the years regularly fueled public churn up. Last year the pay for the 20 highest-ranking leaders in Congress taken together totaled less than the personal earnings of the corporate CEO who ranked 348 th in the Associated touch's compensation analyse. Once upon a measure we didn't have this sort of leadership pay gap in the United States. Indeed into the 1970s typical big-time CEOs made only modestly more than Presidents of the United States. One big reason why: steeply graduated federal income tax rates. Throughout the 1950s the Eisenhower years the top marginal tax evaluate on income over $400,000 hovered at 91 percent. In the 1960s and 1970s that top rate never dropped below 70 percent on income over $200,000. These tax rates sent corporate boards a powerful cultural message. If they were paying their top executives over several hundred thousand dollars a year they were paying too much. And corporations by and large heeded that communicate. CEO paychecks didn't go away soaring into the compensation stratosphere until the early 1980s with the coming of the Reagan Revolution. In 1981. Ronald Reagan's first year in office the top federal marginal evaluate on America's highest incomes dropped to 50 percent then cut again five years later to 28 percent. The top rate has bounced around within a narrow window ever since and now stands at 35 percent just half the top evaluate in displace during the Johnson. Nixon. cover and Carter administrations. These top rates to be sure don't designate what high-earners actually pay in taxes once they apply all the loopholes they can sight. In 2005 the most recent year with IRS data available the highest earning 0.01 percent of tax filers all 13,776 of them reported an add up $27.3 million in income. They paid just 20.9 percent of that in federal income tax. Fifty years earlier the.

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Harvard Law educate Professor LL. M. '80 S. J. D. '84 work on executive pay has netted him a spot on Directorship Magazine’s of the 100 most influential players in corporate governance in the United States. The list published in this month’s issue of the magazine includes business leaders Warren Buffett and Jack Welch lawyers. "poison pill" inventor Martin Lipton and Congressman Barney Frank. Bebchuk together with Columbia Professor John Coffee and Stanford professor and former SEC commissioner Joseph Grundfest is one of the three legal academics on the list. compose of the well-known schedule “,” Bebchuk has been an outspoken advise for more shareholder rights. His proposals undergo been adopted by large public companies including Disney and domiciliate Depot. Bebchuk is the William J. Friedman and Alicia Townsend Friedman Professor of Law. Economics and pay and director of the.

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350? '350px':'auto'); max-height:60; height:expression(this scrollHeight > 60? '60px':'auto');overflow:hidden;"> procure © 2007 Published by Elsevier Inc. IBMS Corporate Partners Available online 14 September 2007. Copyright &write; 2007 All rights reserved. ScienceDirect® is a registered label of Elsevier B. V.

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350? '350px':'auto'); max-height:60; height:expression(this scrollHeight > 60? '60px':'auto');overflow:hidden;"> Copyright © 2007 Published by Elsevier Inc. IBMS Corporate Partners Available online 14 September 2007. Copyright © 2007 All rights reserved. ScienceDirect® is a registered label of Elsevier B. V.

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