Readers have lately been asking me to write about IBM. It seems the BBC has been on the case somewhat over imposed changes to Big Blue’s UK pension scheme. These mirror similar — though more draconian — changes imposed on IBM’s U.S. workers a couple years ago. Alas, this just seems to be a trend we’ll be seeing more and more of. The problem isn’t in IBM per se, it’s in the distorted reward structure perceived by most public companies.
Two years ago when I covered IBM’s yet-to-be-announced layoffs in some detail it sent the company into a tizzy of denial. Why? “Because you were right,” said a source who still works at IBM. […]

This column started out being titled “Is Goldman Sachs Evil?” until I realized the issue is far more broad. It began with a
A couple weeks ago you may recall a
I live in Charleston, South Carolina, which is a regional health care center with a local medical school and a lot of doctors, some of them my neighbors. So I hear a lot of doctors bitching about their professional lives. And that bitching generally comes down to a single argument: “I’m bringing home less money than I used to: if this medical system is so out of control, why isn’t my income out of control, too?”
This morning Google announced it was spending $106 million in stock to buy On2, a maker of audio and video compression software. The very logical question I don’t hear being asked, though, is why would Google spend money for something it is already getting pretty much for free? It’s to turn yet another partner into a competitor, this time Adobe Systems.