Word: bonus
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Dates: during 1990-1999
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...administrators have conceded for years, professors here aren't hired for their teaching ability. Harvard gives tenure to "the best in the world," but that means books published and papers written, not the amount of knowledge imparted to eager undergraduates. If a professor can also teach, it's a bonus, not a requirement...
...Another bonus for this season is that two-thirds of the Crimson's non-tournament matches are home games. Besides the Harvard Invitational, the team only had four matches in the Malkin Athletic Center last year...
...expelled in 1991. As chief financial officer of Perelman's holding company, MacAndrews & Forbes, Tepperman had been instrumental in the hostile 1985 takeover of Revlon that helped make Perelman one of America's richest men, worth more than $4 billion. Tepperman did pretty well too, drawing a salary and bonus totalling more than $2 million. Now he hopes to do even better: in a $25 million lawsuit that spawned lurid headlines as it went to trial last week in White Plains, New York, Tepperman charges wrongful dismissal and, not incidentally, paints an ugly picture of Perelman's operation. Is there...
...discotheque. To the annoyance of his neighbors, he built a heliport on his home property in suburban New Jersey. He liked to try to get away with things. He once bought his wife a $65,000 ring and then tried to get his company to pay him a bonus to cover its cost. A would-be partner reputedly told Vesco, "I had a dream. You and I slept together on a cold night. In the morning, you had all the blankets...
Before this year, the highest single yearcompensation package in HMC history was the $1.4million Meyer's predecessor Walter M. Cabot '54earned when he received his retirement bonus. Thisyear three managers exceeded that amount...