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What's a 'clawback'?

Last update: November 6, 2009 - 8:42 PM

 

It's when a judge compels executives or investors to return money they received from a company, often to repay the company's creditors or victims of a fraud.

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Lights out at U energy conference. Irony police notified.

Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.

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