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DealBook » Corzine Was Poised for Payout | Even though he led MF Global into failure, Jon S. Corzine would have gotten a $12 million payment if he had sold the firm over the weekend, a prize reminiscent of the events during the 2008 financial crisis, Joe Nocera of The New York Times writes.
One such PD project in QI format for Payout Process is detailed in this paper.
But the company is considering backtracking on the formula for payout, which is currently $100 times the Impact Factor of the journal, a much-maligned metric of journal importance.
Harinsut explained that Omise sees cash-less as the future, and it aims to be faster and better than other solutions, which take multiple days for payout and involve manual processes.
Points can be spent on rewards, while cash is spent for payout in a separate section.
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Gary Greenwood, at Shore Capital, said there was potential for payouts.
It is estimated that £20m has been earmarked for payouts.
Spotify is publishing its royalties formula for payouts to rightsholders.
It had recommended a cap of $200,000 for payouts to victims.
Another two London GPs, Adrian Richardson and Thomas Davies, are in line for payouts of more than £1m each.
The change appears small, but the mathematical implications for payouts can be very significant.
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