Friday, January 6, 2012

Yahoo CEO scores $26 million pay package

He hasn't even done anything for the company yet and stands to get a vast amount. And if he fails to turnaround Yahoo he still gets millions:

Yahoo's new CEO is poised to score a rich payday for taking on the troubled company. He's eligible for up to $26 million this year in salary, stock and bonuses.

Scott Thompson, formerly the president of PayPal, was appointed Yahoo CEO on Wednesday and will officially take the helm on January 9. He will try to pull off the kind of turnaround promised by the last Yahoo (YHOO, Fortune 500) CEO, Carol Bartz, who was fired by phone in September.

Thompson will receive a base salary of $1 million for 2012. He's guaranteed a bonus of at least $1 million, and it could be as much as $2 million if he hits various performance goals.

The contract, which doesn't lock Thompson into the role for any set number of years, also awards him lucrative stock grants. Thompson will get a grant this year valued at $11 million, plus an additional $5 million grant as a one-time hiring perk.
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'The Obamas': Book Reveals Friction Between Rahm Emanuel, Michelle Obama

Drug-Resistant Salmonella Outbreak Sickens 19 Ground Beef Eaters

David Brooks Admits 'Conservative Ideas' Don't Work

Romney has big Lead in South Carolina

Judy Manning, Georgia Legislator, Apologizes For Anti-Mormon Comment

Former PA to Murdoch exec Brooks arrested - report

Radio broadcaster shot dead in south Philippines

Gingrich's NAACP, Food Stamp Remarks Stir Controversy

Yes, Rick Santorum, You Did Say "Black" People

EPA: Toxic chemical releases rise 16% in 2010

New virus raids your bank account - but you won't notice

Article Source:

The best way to protect yourself from an online financial scam is to diligently check your bank accounts. At least, until now.

Israeli-based Security firm Trusteer has found an elaborate new computer virus that not only helps fraudsters steal money from bank accounts -- it also covers its tracks.

Think of a crime plot involving a spy who plans to break into a high-security building and begins by swapping out security camera video so guards don't notice anything is amiss. Known as a surveillance camera hack, the technique has been used in dozens of movies.

A new version of the widely prevalent SpyEye Trojan horse works much the same way, only it swaps out banking Web pages rather than video, preventing account holders from noticing that their money is gone. [...]

US: Muslim Brotherhood says it won't break treaty

That might not appease the neocons:

The Muslim Brotherhood assured the United States that it will not break the Egyptian-Israeli peace treaty despite public statements to the contrary, a State Department spokesperson said Thursday.

"We have had other assurances from the party with regard to their commitment not only to universal human rights, but to the international obligations that the Government of Egypt has undertaken," State Department Spokesperson Victoria Nuland said in a briefing.

The Muslim Brotherhood party’s deputy leader Dr. Rashad Bayoumi said the group will not recognize Israel “under any circumstance,” in an interview published in the Arabic daily al-Hayat on Sunday. “The Brotherhood respects international conventions, but we will take legal action against the peace treaty with the Zionist entity,” he told the paper.

Nuland said that the Muslim Brotherhood was not a monolithic organization, and that the State Department would continue to seek private reassurances on Egypt's international obligations. "I would say that it is one member of the MB," Nuland said of Bayoumi's comments. "We will judge these parties by what they do."
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Boy, 15, murdered for being a 'witch'


A TEENAGE boy was tortured and drowned because a relative thought he was a WITCH, a court heard yesterday.

Kristy Bamu, 15, died after days of being abused with sticks, a metal bar, hammer and chisel, a jury was told.

He sustained 101 injuries including missing teeth, bruises and deep cuts. Kristy was found drowned after allegedly being hosed down in the bath by his attacker.

The young lad was on a Christmas visit to his sister Magalie in London when she and her partner Eric Bikubi, both 28, allegedly set upon him and his siblings.

The Old Bailey heard how their ordeal began when Bikubi accused Kristy, his sister Kelly, 20, and an 11-year-old sister of doing witchcraft and "adversely influencing his three-year-old son".

Brian Altman, prosecuting, told the Old Bailey: "Despite her own siblings' denials that they were sorcerers, Magalie Bamu joined her boyfriend in repeating these fantastic claims and participating in the assaults.

"They beat the three of them, refusing to let them eat, drink or sleep for days while the punishments being meted out became increasingly violent, with them using many implements found in the flat as weapons of torture.
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Ron Paul hammers Gingrich in South Carolina mailer

Getting really nasty:

Ron Paul’s campaign is flooding South Carolina mailboxes with a letter calling Newt Gingrich a “counterfeit conservative.”

The five-page mailing, given to CNN by a Republican who received it this week, also attacks Rick Perry’s immigration record and dings Mitt Romney’s “flip-flops on abortion” and his support for “state-run health care” in Massachusetts.

But Gingrich, a former House Speaker vying with Paul for conservative votes, is the main target.

Reprising attacks that have surfaced in other Paul mailings and web videos, the Texas congressman paints Gingrich as a closet liberal.

“Newt Gingrich has a long record of liberal appeasement, flip-flopping on key issues, and lobbying for insider millions,” the letter reads. “I have rarely seen a candidate who represents so much of what is wrong with Washington and what is wrong with our political system."
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