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Tuesday, June 04, 2002
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An urgent need for civil justice reform. Think the venture capitalists on Wall Street are good at raising money? They've got nothing on the lawyers who have been cleaning up on the lawsuits the tobacco companies recently settled with the states. The agreements will provide some of the plaintiffs' attorneys (between 200 and 300 of them) with payments totaling $500 million per year almost in perpetuity. For some, this works out to a payment of more than $100,000 per hour worked. One lawyer, Richard Scruggs of Mississippi, was awarded a total of $847.8 million for his interest in claims in Mississippi, Texas and Florida alone. ...more...[Washington Times]
So now the professional liars, I mean lawyers, are now running their own lottery with stakes exceeding any every seen in gambling history. Way to go GREED!
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12:13:21 PM
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Tell me about web services and make it quick. What to tell the CEO about web services.
Web services are important to business because they enable systems in different companies to interact with each other, more easily than before. With businesses needing closer cooperation between suppliers and customers, engaging in more joint ventures and short-term marketing alliances, pursuing opportunities in new lines of business, and facing the prospect of more mergers and acquisitions, companies need the capability to link up their systems quickly with other companies. Thus Web services give companies like ours the capability do more business electronically, with more potential business partners, in more and different ways than before, and at reasonable cost. [Scott Loftesness]
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8:07:45 AM
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Ralph Waldo Emerson. "The best effect of fine persons is felt after we have left their presence."
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7:05:53 AM
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One of my daughter's wedding presents was a toaster oven. Soon after the honeymoon, she and her husband tried it out. Almost immediately, smoke billowed out of the toaster. "Get the owner's manual!" her husband shouted.
"I can't find it anywhere!" she cried, searching through the box.
"Oops!" came a voice from the kitchen. "Well, the toast is fine, but the owner's manual's burned to a crisp."
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6:56:54 AM
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"So, what's the matter?" asked one woman of her friend over coffee. "I thought you just got back from a nice relaxing fishing trip with your husband."
"Oh, everything went wrong," the second woman answered. "First, he said I talked so loud I would scare the fish. Then he said I was using the wrong bait; and then that I was reeling in too soon.
"All that might have been all right; but then, to make matters worse, I ended up catching the most fish!"
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6:55:55 AM
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Hal Chadwick. "No one appreciates the value of constructive criticism more thoroughly than the one who's giving it."
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6:55:04 AM
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© Copyright
2002
Rick@Leaders.net.
Last update:
11/18/2002; 10:48:48 PM.
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