Apr
1
2010

Wall Street Compensation Reform: A Necessary Distinction

In the financial regulatory reform arena one of the most widely discussed and highly sensitive issues relates to compensation structures on Wall Street. From the numerous opinion-based articles written on this topic it seems that there is a growing sense of populism in America against the so called ‘unjust’ bonuses being paid out to bankers working on Wall Street. While I think it’s important that we, as a collective society, voice our populist opinions in order to make sensible reforms in regards to outlandish compensation schemes on Wall Street, we also need to be very careful about how we toss around the term ‘unjust’. And right now the general public is failing to make a very important distinction on the issue of Wall Street compensation: that is, the justness of bonuses paid out to junior-level analysts vs. senior-level managers.

Mar
29
2010

For Entrepreneurs: Forming a Sole Proprietorship

Regardless of company size, it is imperative to decide on the best legal structure of your new company. The legal entity chosen will affect extent of personal liability, taxes and record documentation. Your business structure can take one of five basic forms: the sole proprietorship, the partnership, the regular or C corporation, the S corporation, or the limited liability company.

Mar
28
2010

How Will the Health Care Bill Affect Students?

If you have watched any news lately, you know that Congress just passed the historic legislation that pledges to overhaul the U.S. health care system. But do you know how the bill will affect college students like you? If you are on your parents’ insurance plan, for instance, you will now be allowed to remain on their policy until the age limit of 26 or until you are out of school, whichever comes earlier. This provision, says Rob Mellen, who teaches political science and public administration at Mississippi State University, will be able to “help out students who can't afford their own health care and haven't graduated yet."

Mar
27
2010

College Basketball isn’t what it used to be

Over the last few decades, the landscape for college basketball and to some extent, the NCAA, has changed. Today, the NCAA is nearly a $6 billion collaborative institution, with over 1,200 members – all benefiting from media contracts, merchandise licensing, and of course -- exceptional athletic talent. If the BCS Championship series as well as the NCAA Basketball Tournament has proven anything, it is that money plays a crucial role in the direction and structure of the landscape of collegiate sports, especially football and basketball. As March Madness rolls along, it seems fitting to articulate two serious issues, (I) ‘the one-and-done rule’ by the NBA and (II) it’s correlation to mass sports media and the NCAA.

Mar
26
2010

Bill Gates and Renewable Energy

After resigning from the presidency of Microsoft in 2008, Bill Gates has invested his money in solving global problems of poverty and environment. Two years of concentration on the Bill & Melinda Gates Foundation must have made him crave for a new challenge in business. The founder of Microsoft has announced an alliance with Toshiba to develop the next generation energy resource that does not require fuel supply for more than 100 years.

According to the media, Terrapower, a venture company owned by Bill Gates, cooperated with Toshiba in information and technology to develop technologically advanced nuclear reactor, TWR. Established in 2000, Terrapower is a technology development firm which Bill Gates technically owns. He has invested approximately eight billion dollars into the TWR project.