Word: contract
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Dates: during 2000-2009
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...Bush will have a writing companion in his wife, Laura, who in January signed a multimillion-dollar contract to write her own memoir. But they'll have to pedal hard to catch up with the literary achievements of the current occupant of 1600 Pennsylvania Avenue. Thursday also brought news of Barack Obama's 2008 book earnings - with the same publisher, Crown. The President picked up $2.5 million in royalties last year for his memoir Dreams from My Father (139 weeks and counting on the New York Times paperback nonfiction list) and The Audacity of Hope (64 weeks on the same...
Clearly he fell in love with his success over there and was hoping to stay. But he had a contract, and we were committed to having him fulfill that contract. And I believe he was committed to finding a way to reach a resolution that makes sense for us and for him. I believe that resolution was reached. He'll be back in July. I'm hopeful that he will continue to fulfill his commitment to us, which I believe he cares very much about...
...company - owns 79.9% of AIG. He told reporters, "I think the time has come to exercise our ownership rights. We own most of the company. And then say, as owner, 'No, I'm not paying you the bonus. You didn't perform. You didn't live up to this contract.'" (See how financial madness took over Wall Street...
...problem with keeping the swaps on the banks' books is that their potential payoff or loss is random, depending on the particular details of the contract and various outcomes in the world. Moreover, banks today are risk-averse and often factor worst-case scenarios into current pricing. Thus, they are far more likely to claim losses than profits on such instruments...
...that they will be laid off effective Monday and others have been informed that their hours will be reduced, according to a union organizer. OneSource and UNICCO—subcontracted companies that clean properties administered by HRES—had been asked by Harvard earlier this year to cut contract costs in response to a predicted 30 percent decline in the University’s endowment. Two weeks ago, HRES told OneSource more specifically that it must cut 40 percent of its costs by March 16, according to Daniel B. Becker, an organizer for Service Employees International Union Local...