Word: bonus
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...outgrown the A.V.G. The Army thought that it was no longer good business that some U.S. fighting men paid by the Chinese Government should get $600 a month plus a bonus of $500 per enemy plane downed. Pilots fighting for the U.S. get paid in the ungenerous Army & Navy scales. Perhaps more important: all A.V.G.'s battle-won know-how on the technique of destroying Japs was far too precious to keep concentrated in only three squadrons-it needed to be spread through the U.S. air forces...
...crucial board, Messrs. Rapee & Fry of the Cavendish team bid three diamonds, made five, scored 150 points (including so-point bonus for under-game contract). Playing the same hand in another room, Messrs. Hazen & Frey of the Bridge Whist team bid five hearts, were doubled, redoubled, made their bid, and, being vulnerable, scored 1,100 points. The money hand, opened by Hazen with a daring three-heart...
...Jack & Heinz of Cleveland, whose gaudy profits and bonus payments were recently put on exhibition by the Vinson committee, promised a cut of $9,250,000 on 1942 business, coughed up $600,000 cash...
...court said these men had wasted corporate assets, mainly in transactions involving General Motors Management Corp., which administered G.M.'s famed profit-sharing bonus plan. Back in 1931, some of them had participated or acquiesced in an unauthorized distribution of stock. Another 1931 slip-up was the inclusion in the bonus rate of $10,057,559 profit on the sale of G.M. treasury stock to the Management Corp. Net earnings were improperly boosted from treasury stock transactions in other years...
...although Judge Leibell found errors in the accounting, he had no quarrel with the bonus system or the bonuses' size. Competition in the industry, he pointed out, makes a good automobile executive worth a lot of money...