Word: augelli
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Dates: during 1970-1979
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When Congress killed a planned salary boost last March, "I just said the hell with it," recalls former New Jersey Federal Judge Anthony Augelli, who now works for General Motors at twice the pay. New York City's Arnold Bauman, who has now joined a major Wall Street firm, did not want to quit, but says it was "economically impossible for me to stay." Sidney Smith of Atlanta would have turned down a $120,000 partnership offer if even a 25% salary hike had come through. "We're going to get a slew of fresh resignations this year...
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