Word: bettering
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...Still, the high costs of being TARP-free are causing some banks to say that for the time being they are better off with the government funding than without it. PNC Financial's chief executive Jim Rohr recently told Bloomberg that his bank, which got $7.6 billion in TARP funds, is planning on taking its time to repay the government. Doing anything else, he said, "would be punitive to shareholders...
...agreed to previously planned bonuses for AIG employees who worked in the part of the company that had created many of the insurance firm's losses. Liddy was clear in making the point that AIG had a legal obligation to make the payments. He would have been better off to hold his tongue. The minute he gave an explanation for his actions, no matter how rational it was, his interrogators seized on it as another act of either bad faith or stupidity on his part. (See pictures of the Top 10 scared traders...
...annual deficit of over $143 million that administrators hope to close by July 2011. According to University President Drew G. Faust, the purpose of the working groups is to come up with ideas for “structural changes,” which could include “better ways of sharing” administrative duties...
...Young said that he plans to become better acquainted with Cambridge before making any concrete suggestions. To prepare for his upcoming transition into Cambridge, Young has visited schools, attended city events, and spoken with a number of community and district leaders—including nearly all the members of the School Committee in individual meetings...
...counterterrorism experts say it's already clear where the plotters made their first mistake: they picked targets in New York City. Since the devastating attacks on Sept. 11, the city has built up formidable intelligence resources that are designed to anticipate, detect and eliminate terrorism threats. "No city is better prepared for this kind of attack than New York," says Fred Burton, a counterterrorism expert at Stratfor, a global-intelligence firm. "These guys picked the wrong town to mess with...