Behind the News
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Riding With the Fishes
By Wayne Ma
New York City Transit plans to dispose of 1,600 old subway cars off the Atlantic coast. But do the cost savings for the city outweigh the environmental costs to the ocean?
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Live, From a Stage 1,000 Miles Away
By Ryan Derousseau
Fabchannel.com streams real-time concerts from a club in the Netherlands to a computer near you. Cool. But is it profitable?
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Good Enough for Government Work?
By Debra Conn Borchardt
It’s official. Federal procurement offices must find bio-based products that don’t use fossil fuels. Soy ink anyone?
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Regulation Nation
By Simone Baribeau
As the world waits for a resolution to the subprime debacle, many state governments have jumped in and proposed legislation to protect consumers and the economy.
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Woman’s Work
By Aliza Rosenbaum
As more women walk away from careers on Wall Street in search of a better work/family balance, some major firms have launched aggressive programs to woo them back.
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The Rise of the Asian Art Market
By Eva Woo
Newly wealthy investors from emerging markets are pushing prices for the works of contemporary Asian artists to heights never seen before. Is it just another bubble?
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Paper Chase
By Samar Srivastava
How can newspapers stop the slide in circulation numbers? Redefine circulation. But will advertisers buy the new formula?
More from Behind the News »
Crunching the Numbers
That’s a Lot of Moolah!
When the Washington Post listed the five top-paid CEOs for 2005, we decided to look back and see how much their total compensation changed over the past three years. The results are surprising. For one executive, payday grew 1,000 percent, but for another, it was down by almost half.
| CEO |
2003 |
2005 |
Dale Wolf, Coventry Health Care |
$6,568,396 |
$11,803,351 |
Douglas McCorkindale, Gannett |
$17,085,879 |
$8,893,560 |
Paul Saville, NVR |
$900,000 |
$10,529,663 |
Daniel Hesse, Spring Nextel |
NA |
$10,125,808 |
Thomas Fitzpatrick, SLM |
$21,192,390 |
$24,271,120 |
Source: Compensation data from Hay Group. Totals include base salary, cash bonus, and equity compensation, including stock options.
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About BER Business Times
BER Business Times is a bi-weekly Webzine written, edited, and produced by the graduate students in New York University’s Business & Economic Reporting Program. In addition to specialized courses in business writing, students take MBA courses in accounting, finance, economics, business history, and marketing from the faculty at NYU’s Stern School of Business, one of the top business schools in the country.
Contributing Editors
Jasmine D. Adkins, Smitha Ballal, Simone Baribeau, Debra Conn Borchardt, S. J. Constable, Gabrielle Pia Coppola, Myrlande Davermann, Ryan Michael Derousseau, Jennifer Leigh Hodson, J.T. Keehner, Bryan Keogh, Jason Leow, Wayne Ma, Chuck Marvin, Samar Srivastava, Eva Ying Wu, Candice Zachariahs