:LPE:

In my search for 70s arcana, I found this gem from two of its denizens:

“So it’s goodbye to Freddie Fender, to bell bottom trousers, disco collars, Dr. Buzzard’s Savannah Band, trendy Malibu (Don Henley still lives there), Tex-Mex food and decor, Donald Segretti, Nancy Spungen, the Golden Age of Porn, Schedule I narcotics, tall ships and the Wankel rotary engine, Jimmy Carter and our Draconian near-feudal contractual relations with various recording companies, publishers, managers, huslting little business persons of uncertain stripe … and all the rest.”

Donald Fagan and Walter Becker, from the re-issue of Gaucho in 2000, after 20 years of wrangling over IP issues and anxiety of jazz musicians having made actual pop music.

Summary of a recent conference on same. Link.

Article by Robert Kennedy Jr. about the 2004 US elections. Interesting reading. Link.

Two new reports out on executive compensation issues. The first is reported in the NY Times, concluding that executive compensation often exceeds the benchmarks or limits imposed by boards of directors. Link.

Another, by the Teachers’ pension fund in Ontario found that in the past three years there has been no discernable link between executive compensation and ‘performance’ as defined by key variables measuring value of an enterprise. That is, pay went up even when performance did not. Link.

Time for a salary cap? Worked for the NHL…