FROM today's knowledge@wharton email:

Should Dick Grasso Return the Dough?

It's today's $139.5 million question: Why doesn't Richard Grasso, former chairman of the New York Stock Exchange, give back at least some of the nearly $140 million in compensation that he was granted by the NYSE's board of directors? That the question is even being raised, of course, speaks to the sudden change in thinking about such issues as corporate governance and executive compensation. While some say that the New York Stock Exchange should be held as accountable as Grasso, right now it's the former chairman who is facing the most public outrage. The sentiment among corporate governance experts at Wharton is that Grasso should a) give some of the money back, or b) at least start talking about giving it back.

Puzzling through the Jobless Recovery. Or Is It a Fundamental Shift?

On March 5, the U.S. Labor Department announced that the U.S. economy had created only 21,000 new jobs in February, far below the 150,000 that economists had predicted. The unemployment rate held steady at 5.6%, but only because many people have given up on finding jobs. Economists and other employment experts offer a host of possible explanations but no definitive answers. What is clear, however, is that technology, productivity gains, and job shifting on a global basis are all contributing to new trends in hiring.