Archive for April, 2010

The Pay Problem

April 27, 2010

Harvard Magazine May/2010

Concerns about the compensation of chief executive officers and other top executives of American public companies have reached fever pitch since the financial crisis and the economic meltdown of 2009. Some observers blame the recent recession in part on the flawed compensation arrangements for the top management of major financial institutions. Nor are such concerns new. For almost 20 years, a growing chorus of voices—including some shareholders, the business media, policymakers, and academics—have been criticizing the way top managers are paid. The criticisms focus particularly on CEOs not only because they are the highest paid, but also because their compensation sets the pattern for executives beneath them. [read more]

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Os bastidores do Caso Meirelles

April 7, 2010

April 7 (Bloomberg) — Brazilian central bank President Henrique Meirelles may leave his post before President Luiz Inacio Lula da Silva finishes his term in December, Valor Economico reported, without saying how it got the information.

Meirelles has no interest in remaining at the central bank if Dilma Rousseff, Lula’s former cabinet chief and chosen heir, is elected in October, according to the Sao Paulo-based newspaper. Meirelles is willing to serve in another position in a Rousseff administration, the newspaper said.

Officials at the central bank in Brasilia weren’t available when Bloomberg News called for comment before regular business hours today.

To contact the reporter on this story: Camila Fontana in Sao Paulo at cfontana@bloomberg.net

Last Updated: April 7, 2010 06:47 EDT

waldemar jezler
(Valor Online) Fora da disputa político-eleitoral, Henrique Meirelles pode deixar a presidência do Banco Central (BC) antes de 31 de dezembro, último dia do mandato do presidente Luiz Inácio Lula da Silva. Isso pode ocorrer depois de concluído o esperado ciclo de aperto monetário ou antes da eleição de 3 de outubro. Em seu lugar, deverá assumir o atual diretor de Normas do BC, Alexandre Tombini, com chances de permanecer no cargo, caso Dilma Rousseff chegue à Presidência da República.

Tendo optado por ficar no BC, Meirelles tem uma última missão a cumprir: o controle da inflação e das expectativas inflacionárias, que estão se deteriorando perigosamente. Seu plano original era deixar a tarefa para o sucessor e aventurar-se no mundo da política. As circunstâncias não lhe permitiram. (more…)