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Serving on Boards Helps Executives Get Promoted

Harvard Business Review

More than 25 years ago, William Sahlman wrote the HBR article “Why Sane People Shouldn’t Serve on Public Boards,” in which he compared serving on a board to driving without a seatbelt, that it was just too risky—to their time, reputations, and finances—for too little reward. ” Similarly, Sempra CEO Debra L.

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How Chinese Subsidies Changed the World

Harvard Business Review

Last week, LDK Solar , a struggling Chinese manufacturer of solar wafers and panels, announced that it had missed $24 million in bond payments. This news followed the bankruptcy in March of Wuxi Suntech , the main operating subsidiary of the world''s largest maker of solar panels, after it defaulted on a $541 million bond payment.

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Do Commodities Speculators Make Things Cost More?

Harvard Business Review

It is certainly true that investors, dismayed at the prospect of low returns for stocks and bonds for years to come, have poured money into commodities over the past decade. Louis Fed found that speculative forces began to drive oil prices in 2004, "which is when significant investment started to flow into commodity markets.".

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You Can Be a Great Leader and Also Have a Life

Harvard Business Review

“It’s enabled me to have a bond with my daughter now that’s really amazing,” he said. In 2004, Hickox was a certified public accountant in Texas and at a crossroads in her career. “The culture in the bank’s accounting and finance team has changed totally since I got here,” she said.

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What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

In 1993, Apple distributed $273 million in buybacks and $56 million in dividends, even as profits plunged from $530 million to $87 million, compelling the company to do a $297 million long-term bond issue in 1994. The next year Microsoft released Windows 95, eliminating the Mac’s longstanding GUI advantage. I disagree with this priority.