Money That Multiplies: Cafeteria Compensation for Executives
AP Business Analyst John Cunniff reports that executives increasingly receive cafeteria compensation, blending cash and benefits. A Conference Board survey found 80 of 269 firms adopting such plans, with estates and tax planning emphasized, and real estate, equities, and oil ventures common investments.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Conference Board
Gambler freed without bail after pickpocket claim
In Bombay India an accused gambler told the court a pickpocket stole his bail money. The judge accepted the claim and released him without bail after the hearing.
MENTIONED IN THIS ARTICLE
Bombay
India
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