Word: amr
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...AMR NABIL/AP...
...bread-and-butter programs in education, family aid, orphan care and sports. It builds mosques, clinics and libraries. It runs an extensive distribution network for the needy. Just as important, the men of Hamas, from top to bottom, have won a reputation for scrupulous honesty. Dr. Ziad Abu Amr, an independent member of the Palestinian parliament, says that Hamas' image as "clean"--in contrast to the corrupt Authority--as well as its ability to "fill in the gaps left by the Authority's ineffectiveness," have won it considerable backing, even from many who do not share its extremist positions...
...Zionist entity completely evacuates the Gaza Strip," he said, "we can start a new phase of calmness in order to discuss the issues of Jerusalem, the West Bank, the prisoners and the refugees"--references to the longstanding list of items that negotiations are supposed to settle. Parliamentarian Abu Amr, for one, believes that "Hamas has modified its goals to convince people it is realistic and practical...
...firm that studies CEO compensation. That amounts to about 200 times the pay of the average worker, up from 56 times in 1989, according to the Journal of Economic Issues. Nowhere is this disparity starker than in the audacious pension guarantees and bonuses proposed for top executives at struggling AMR, parent of American Airlines. The carrier recently asked the unions representing its machinists, flight attendants and pilots for $9 billion in wage givebacks and other concessions over five years to keep the jets flying. Captain Mike Leone, a veteran pilot, took a 23% pay cut and has canceled plans...
Meanwhile, the brass at AMR quietly landed pension guarantees worth $41 million--benefits that, unlike those of the workers, will be protected even if AMR goes bankrupt. Succumbing to public pressure, AMR backed off on another issue: its proposed "retention" bonuses for top executives. A flap over that cost CEO Donald Carty his job. But the executive pensions remain in place. Investing legend Warren Buffett, who has been campaigning against executive compensation that is out of line with returns to workers and shareholders, said in a recent speech that "what really gets to the public is when CEOs get rich...