The Baltimore Sun has a terrific piece on the differences between that city's nonprofit and for profit companies and their leadership during the recessoin.  The paper reports on a number of EDs in Baltimore who took pay cuts - substantial ones - rather than lay off staff or cut programming.

And the for profit companies?  The New York State Comptroller reported that Wall Street executives and traders collected bonuses of $20 billion last year, a 17 percent increase from 2008. The newly merged Stanley Black & Decker, which laid off staff in Maryland, while its former CEO stands to make $45 million or more from the deal to sell the firm  - causing the lay offs.