Best Business Commentary
When it comes to enrolling in benefits this year, the worst thing you can do is nothing, says Terri Cullen in The Wall Street Journal. It used to be that when a Wall Street CEO fell, “a dozen subordinates lined up to kick it into the net,” says Michael Le
ow not to flub open enrollment
When it comes to enrolling in benefits this year, the worst thing you can do is nothing, says Terri Cullen in The Wall Street Journal. Your current health plan may no longer roll over if you choose “to not make a choice,” leaving you coverage-free for a year. So look at the offerings and and consider “your health and your stage in life.” Kids or health problems? “Lean toward flexible plans with low deductibles.” Young, healthy, or rich? You might “be better off with a high-deductible plan and a health-savings account.”
What it takes to be a Wall Street CEO
It used to be that when a Wall Street CEO fell, “a dozen subordinates lined up to kick it into the net,” says Michael Lewis in Bloomberg. But today’s bench of able successors is pretty empty. So “what, exactly, are the qualifications of a Wall Street CEO” these days? To start, you must have an “extraordinary ability to be paid huge sums of money each year without losing composure.” Be prepared to squelch ambitious “underlings” who could take your place. And you must be comfortable “gambling big time with shareholders’ capital”—and accepting a “nine-figure severance package” if you lose.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- Why is American internet so slow?
- What the collapse of the Ming Dynasty can tell us about American decline
- What would a U.S.-Russia war look like?
- 7 ways to be the most interesting person in any room
- Colorado’s new ‘drive high, get a DUI’ commercials are actually pretty clever
- 22 TV shows to watch in 2014
- Who are the real gay marriage bigots?
- Ukraine's fraught relationship with Russia: A brief history
- Sorry Belle Knox, porn still oppresses women
- Pics or it didn't happen: Millennials are a bunch of selfie-loving skeptics
Subscribe to the Week