Word: branches
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...Morley, a senior vice president in charge of cash management. Lynch, however, will keep his director's post and continue to receive full pay; Rae will retire early. Two mid-level executives will be officially reprimanded, three regional managers will be suspended for 30 days without pay, and six branch managers will be fined between $25,000 and $50,000. The payments from the officials, all of whom earn at least $100,000 a year, will be turned over to charity...
While many large companies today manage their money by aggressively moving it among various accounts, some of Hutton's branch managers went much too far. They issued a flurry of overdraft checks in order to obtain no- interest loans at a time when rates were about 20%. For 20 months beginning in July 1980, the company obtained as much as $250 million a day in freebie loans on which it could earn interest. Bell termed the overdrafts "so excessive and + egregious" that "no reasonable person could have believed that (their) conduct was proper...
Bell reportedly also singled out Perry Bacon, a former manager at Hutton's Alexandria, Va., branch. Bacon's office sometimes had overdrafts of $9 million on deposits of only $100,000. He has since become vice president of a Hutton branch in Washington...
...most Macoristas do not settle permanently in the U.S. Added to the pull of home is the star players' status in San Pedro as demigods who can earn more in one year than their fathers did in a lifetime. To them, the U.S. remains a sort of fabulous offshore branch office. Says Andujar: "I love the United States. Every 15 days when I get paid, I say, 'God bless America!' " Still, he has built a new home in San Pedro, and on the terrace at Tio Miguel, a waterfront restaurant with a newly installed satellite dish to pull...
...character--is in his own words "a loner, a rebel," and plays off no one. The audience doesn't care what happens to any of the other characters. While this is pure Pee Wee, it is only Pee Wee. It's too bad that he couldn't branch off into something more original here...