Word: cake
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Dates: during 1990-1999
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...make the honor roll but manage to show progress receive a VIP card, which recognizes them as a Very Improved Person. At some schools the cards entitle students to on-campus perks. "For those kids who get positive support at home, it's just the frosting on the cake," says Leo Egan, an English-department coordinator at Silver Lake Regional High in Kingston. "For those who don't, it's the main meal...
...this Monday, the Crimson learned that it would have a rematch down in the Crab Cake State tomorrow...
Unlike employees at huge corporations that must share profits with stockholders, Goldman's partners get to keep the money. Last year 161 partners cut the cake. One senior partner is said to have been served an especially big slice: about $30 million. Since Goldman is a private partnership, it is not required to make public its finances. Nonetheless, the telltale numbers from a Goldman prospectus made their way into Investment Dealers' Digest. Other bits of evidence occasionally fall into the public domain. When Goldman co-chairman Robert Rubin quit to work as a presidential adviser, his disclosure statement reported...
...partners are more than willing to distribute crumbs from their cake. In 1993 everyone on Goldman's staff of 8,000 received a year-end bonus equal to 30% of salary, plus a piece of the firm's $17 million contribution to the employee profit-sharing plan. Moreover, the firm rules say that most of the profits must be reinvested and except in certain dire emergencies cannot be withdrawn until a partner leaves. Even senior partners who make upwards of $20 million draw salaries of well under $300,000. No need to feel too sorry for them though; they...
Beer and layer cake greeted seniors in the College's largest department as they turned in their theses yesterday...