Word: collectivity
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Dates: during 1990-1999
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...foreign-owned cars, levying fines and confiscating license plates. Roughly 1,000 cars were stopped by city traffic cops, known by their Russian acronym GAI (gai-EE), during the two-day operation, which ended Thursday. Famed throughout Moscow for their ability to disperse fines, as well as collect bribes, with lightning speed, the GAI have reported somewhat triumphantly that Americans accounted for the majority of the 200 traffic violations detected. Most foreign drivers are easily recognizable on Moscow streets thanks to special license plates, a leftover from Soviet days, which allow cops to identify both the nationality and profession...
...cash, stock and what a proxy statement calls "other compensation," more than double the pedestrian $8 million he got last year. And that's not the biggest take on the Street, or even in his own company. President and chief executive James Cayne will collect $20,159,337, enough to impress even an N.B.A. point guard. An embarrassment of riches? Perhaps. Bear Stearns executives agreed to change the bonus system next year to take a smaller percentage of the company's earnings...
More typically, an investment banker at the managing-director level who earned a $1.5 million bonus last year will collect between $2 million and $2.3 million this year. A midlevel bond trader may well draw $750,000, about 50% more than in 1995 (which was a very good year). At Morgan Stanley, bonuses will increase anywhere from 30% to 40%, with the biggest checks going to investment bankers who handled stock deals, and mergers and acquisitions...
...team builder and a bureaucrat, but the question is, Does he have vision?" His first order of business as secretary general will be stabilizing UN finances. One immediate help would be to convince the U.S. to pay more than $1 billion in back dues. His ability to collect will depend convincing critics in the Republican Congress and the Clinton Administration that he is more enthusiastic about reform than Boutros-Ghali...
...houses vary considerably in how they handle all that money. Some collect formal dues from their residents; others don't have budgets...