Word: boothed
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...Fisher. This fall, the Salisbury, N.C., physician ran for a state general-assembly seat representing a mostly white, working-class district. Several black college students who campaigned on her behalf were dissed by peers as "Uncle Toms." Then, in September, as Fisher walked toward the local Republican Party's booth at a county fair, a white man told her to go back to the Democratic Party booth "where she belonged" and to support Barack Obama. Never mind that the 61-year-old is a third-generation Republican. She also recalls hearing of white people urging friends to vote a straight...
...cuts may help the short-term bottom line but can haunt companies down the road. "Stopping those payments can be a violation of an implicit contract, and that can affect people's sense of loyalty," says Stacey Kole, an expert on human-resources management at the University of Chicago Booth School of Business. "It's a natural trigger for people to look outside for alternative jobs." And employees remember such slights. "If you cheat me today," Kole says, "I'll remember that when I have options to go elsewhere...
...There's also a legitimate question as to who would do the restructuring. GM CEO Rick Wagoner has made the case that his crew is best placed to run the turnaround since it knows where the cost buttons are. But critics like Jim Schrager at the University of Chicago Booth School of Business say the wrong people are in charge: "I think you would only put money in GM if you had a complete change in the board and the current management. They are diligent. They worked very hard, but it just hasn't worked." In Schrager's view...
MORE SPOTS TO SNOOZE AND READ The ISS's three bedrooms will grow to five, with a privacy booth for each crew member
...flip side to Canada's regulatory system. When the global economy was flying high, Canadian banks complained about not being allowed to merge to become more significant international players. "In hindsight, that decision may have saved Canada from having a Royal Bank of Scotland on its hands," says Lawrence Booth, a finance specialist at the University of Toronto's Rotman School of Management, referring to the overly ambitious bank's bailout earlier this month by the British government...