Thursday, January 4, 2007

Lakes of methane Awesome pictures from Titan. Pictures of Titan's Lakes. sighted writes "For decades, scientists have wondered if the thick orange haze that shrouds Saturn's giant moon Titan hid lakes of liquid methane on the surface, but there was no way to confirm it, until now. The Cassini flyby of July 22, 2006 took these striking images and were released today." [Slashdot] 7:57:31 AM    comment []

Pay for failure So tell me, how did this guy spend his final months on the job--running the company or negotiating his exit pay? Despite his illustrious credentials from GE, Nardelli's lack of team building (among other things) appeared to do him in. Why do boards seem to be so powerless as to tell a forceful person "You failed, you cost us money, we'll pay you a reasonable severance (six months or so), and get out of here"? One after another they just cave. An Ousted Chief[base ']s Going-Away Pay Is Seen by Many as Typically Excessive. Robert L. Nardelli[base ']s departure illustrates that even when investor voices are heard on executive pay, shareholders often wind up holding the bag. By ERIC DASH. [NYT > Business] 7:54:02 AM    comment []