Word: bonuseer
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...homeowners owe less money on their mortgages, they will be less likely to stop making their payments. The plan is equivalent to a universal renegotiation of terms that improves the situation for both homeowners and banks. As a bonus, mortgage-backed - and, indeed, all mortgage-based - securities will become less toxic by virtue of a trickle-up effect...
...arrogance common to those told that they were Too Big to Fail. First the auto executives swooped into town in their Gulfstream IVs to ask for $25 billion; then Merrill Lynch superman John Thain spent $1,405 on a trash can and suggested he deserved a $40 million bonus for losing $15 billion in the fourth quarter. Even Tom Daschle, whose loyal Senate brethren were set to confirm him to the Cabinet, discovered the radioactivity of the phrase "unpaid taxes on his chauffeured limousine...
...other bonus. In India, the TV ratings should be huge...
...More tempting for the MPs: the issue of bankers' pay. Goodwin, who said he went without a bonus last year after stepping down eight years into the job, admitted he has lost $7.4 million as RBS shares have plummeted. Amid reports that the bank plans to pay its existing staff bonuses for 2008, all four former execs agreed that changes to the bonus system should be looked at. Hornby reckoned that bonuses "do not reward the right kind of behavior" and suggested they be tied more closely to long-term performance. The 42-year-old, who also went without...
Linked In. With the merger of Delta and Northwest, members of the airlines' frequent-flyer-program - SkyMiles for Delta and WorldPerks for Northwest - can link their accounts and transfer miles between them. Couple the accounts before March 15 and get 500 bonus miles...