Word: boss
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...abandoning Formula One. Perhaps, as has been suggested in the past, a few big teams might even set up rival races. "Why would Toyota want to use somebody else's engine? Why would Ferrari? Or Honda? Or BMW?," asks Jackie Stewart, a three-time world champion and former team boss. "The whole reason they're in the sport is not only to be able to win on Sunday and sell on Monday - it's also a gymnasium for talent and technologists...
...Stewart’s meteoric rise has been matched by that of his former employee, Steven Colbert, who launched “The Colbert Report” in 2005, and has come to rival his old boss in acclaim and popularity...
...mode or even restart mode. At times he sounds like an irreverent Silicon Valley Emily Post; his highly readable book is an encyclopedia of proper behavior for entrepreneurs. The author eagerly teaches readers "how to suck up to a blogger," "kick butt on a panel" and determine if the boss is a jerk...
...slapdash the standards being employed were. But with compensation aligned with metrics like revenue and market share, and not risk mitigation, the forward push continued. When managers did articulate problems, they were often ignored. In August 2007, one of Merrill Lynch's top risk managers warned his boss that a decision to wager $3 billion on indexes of mortgage-related securities was too risky. The firm made the bet anyway; three months later, the risk manager left. "The psychology during a boom makes it very difficult to come up with large stress scenarios and get management to consider them...
...Corruption also plagued paper ballots. For the better part of the 19th century they were more likely to be destroyed or manipulated than counted. In 1850's New York, party chieftain Boss Tweed used "floaters" to vote at several polling places across the city, "repeaters" to visit the same polling place more than once, and "plug-uglies" (thugs from Baltimore) to intimidate voters all over the city. The fake voters exploited the names of children, the deceased, even fictional characters. In 1869, 21-year-old Thomas Edison patented the design of a "switch-and-lever" voting machine, but he couldn...