Word: deal
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...face of it, though, Myerson's chances of re-negotiating the deal look slim. "The whole deal with these clean-break settlements is people know where they stand after they're done," says Julian Lipson, head of the family law team at London law firm Withers. Exceptions might be made if one party lies about their assets, or if "in very short succession after the order has been made, a completely unforeseeable change renders the basis of the agreement wrong," Lipson says. Otherwise, "a final order is a final order. And that's that...
...fund manager, Brian Myerson knew as well as anyone that shares can go up as well as well as down. "He agreed in exchange for having a majority of the assets to assume the risk," Mostyn argued. "It is too late now for him to try and unpick that deal...
...with the time-honored tradition of pattern bargaining - in which an agreement by one of the automakers with the union sets the pattern for the others. Earlier this week the CAW gave up a special annual bonus and agreed to a reduction in paid time off in reaching a deal with General Motors. But that deal was criticized by some in the industry as insufficient. Indeed, Ford Motor Co. said Friday it will also reject the GM-CAW deal for not cutting costs enough. (See portraits of GM autoworkers...
...thing nostalgic Democrats forget about Social Security is that it did not come in the first year of Franklin Roosevelt's presidency or even in the second. The major initiatives of the New Deal passed only after F.D.R. had convinced Americans that he had his priorities straight. His immediate attention to issues like the run on banks and sky-high unemployment gave him a congressional landslide in 1934 that ratified his 1932 victory. That's when he grew strong enough to pass his broader agenda. The best way not to "waste a good crisis" is to put the stress...
...actions to be taken after we take power. But the general election has been delayed again and again and again, and so we have not disclosed our timetable yet. As for specific issues - for example pension reforms and medical insurance reforms and employment issues - of course we have to deal with those. However, more important is that we have to make fundamental reform in the current government system, in which the government is led primarily by the bureaucracy. We have to replace this with a system in which the politicians take the lead to formulate the policies, make decisions...