Word: bossed
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Dates: during 2000-2009
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...After picking the right person to talk to - maybe someone in HR but more likely your boss or another manager you peg as particularly sympathetic - make your request in as businesslike a way as possible. If the firm is going to continue to profit from a big client you landed even after you're gone, mention that. It should be worth something extra. If leaving means forgoing certain pension benefits, ask to be compensated in cash. If you moved to a new city for your job and now you'll probably leave, ask the company to pay for relocation...
...debt obligation or not, financiers are being fingered for blowing up the global economy. The assets they traded are "toxic" and their bonuses "obscene." And members of the public, it seems, are fed up with the lot of them. In a leaked security memo sent to staff last week, bosses at AIG warned workers to keep an eye out for aggressors amid the "growing sense of public attention fueled by increased media scrutiny." AIG employees were advised to ditch AIG apparel or ID badges outside the office, and dial emergency services if they think they're being followed. "At night...
...This week it's been Fred Goodwin's turn. The former boss of the stricken Royal Bank of Scotland is rumored to be mulling a move to South Africa after vandals smashed windows and his car at his Edinburgh home. Britons are livid that Goodwin was awarded a $1 million annual pension after he quit RBS in disgrace last year. The 50-year-old oversaw a disastrous expansion that almost felled one of Europe's largest banks, prompted a $30 billion government bailout last fall and triggered the biggest annual loss in U.K. corporate history. "We are angry," a group...
...Turn the negative into a positive Overall approval ratings show that Obama has not personally suffered in the AIG uproar, though Geithner, Congress and Wall Street most certainly have. On Tuesday Geithner tried to parlay his boss's position of strength into a larger mandate to prevent another AIG Bonusgate from happening again. Suddenly, members found themselves contemplating giving more power to the guy whom many wanted fired last week. "It is clear that we're going to need to ask, and we will ask, for broader authority to deal with future AIGs," Geithner warned the committee. "Our responsibility...
Last week, outlets reported that "the clock was ticking" for "embattled" Treasury Secretary Tim Geithner, with a few members of Congress openly calling for his ousting. His boss, President Barack Obama, was criticized for not engaging in the congressional furor over the $165 million in bonuses paid out to top executives at AIG - the insurance giant that has received more than $180 billion in federal money. This week Obama remains relatively untouched in the polls, and Geithner is basking in his best week of media coverage yet. How did their fortunes shift so suddenly? To some degree, they were helped...