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...real world (outside New York City), a bonus is generally a payment for extraordinarily good performance. But on Wall Street, what's called a bonus is generally part of base pay. That's especially true for worker bees, who far outnumber CEOs. (The word bonus is a remnant from the days when Wall Street was made up of partnerships. Now that Wall Street's largely owned by public shareholders, it should have long since dropped bonus for contingent compensation or something similar. But hey, the Street, as I said, is tone-deaf.)(See the top 10 financial-crisis buzzwords...
Smith wrote in his annual report released Friday that the administration hopes to “rebuild HCL with a dramatically smaller base of resources...
...Advance Sales Sure, people were lined up with tickets in hand for Heath Ledger's posthumous turn in The Dark Knight, but Jackson has a more enthusiastic and far more universal fan base, now encouraged by the pressure of a deadline. Sony made a hard push for advance ticket sales over and above what most movies command, with the same thrust and hype that live-concert sales get. The result has been impressive: since the Sept. 27 on-sale date, there have been reports of 1,600 advance sellouts. "This is a movie that's tailormade for advance ticketing," says...
...Force Captain Matthew Miller wrote about the challenges of flying in Afghanistan after returning from a four-month deployment there in 2007. His medevac unit, from Georgia's Moody Air Force Base, had lost three helicopters and seven crew members in the two wars. Enemy fire had been a factor in none of the Afghan crashes. "In Iraq, helicopter pilots face a greater prospect of being shot at by ground fire," Miller wrote. "In Afghanistan, the greatest threat is the terrain." He described flying in Afghanistan as "'graduate level' piloting more challenging than cruising over the flatlands of Iraq...
Geisinger's financials are undeniably rock-solid: the system pulls in about $1.5 billion per year from its premiums and from other insurers, and it has a AA credit rating. But part of that is due to the similar solidity of its patient base - a homogeneous population with a predictable range of ills. The financial team prefers things this way and has resisted any calls for expansion. "We've purposely stuck to our knitting in central Pennsylvania," says Dr. Duane Davis, chief medical officer of Geisinger Health Plans. But larger plans trying to serve more-diverse communities don't have...