Word: drainings
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...reason is an obscure accounting rule that is the subject of intense lobbying by representatives of the banking industry ahead of congressional hearings on Thursday on the matter. A change to that rule could drain some of the banks' red ink and possibly make it easier for them to off-load the toxic assets. (See 25 people to blame for the financial crisis...
...consumer wallets would not make much difference in the next several months. That may be academic. The Administration is proposing a modest cut for most people, but it is just that - a modest cut. Businesses that will be taxed at a higher rate will have to decide whether that drain affects how many people they'll have on their payrolls...
...estimated 5 million of these notes - that's 125 million facts - have appeared on the website within the past week. Assuming it takes someone 10 minutes to come up with their list, this recent bout of viral narcissism has sent roughly 800,000 hours of worktime productivity down the drain. (Read "Does Facebook Replace Face Time or Enhance...
...meant to detach you from financial worries, family, work and other sources of stress. There are also thousands of do-it-yourselfers who swear by those detoxing foot pads, which use tree vinegars, tourmaline and reflexology to allegedly stimulate acupuncture points in the feet. This helps the lymphatic system drain pollutants down to and out of the feet...
...caught up with economist Sylvia Ann Hewlett, who has studied these issues forever. She's the founder of the Hidden Brain Drain task force, a group of more than 50 companies--including GE, Goldman Sachs and our own mother ship, Time Warner--that are exploring how employers can hang on to the people they can least afford to lose. Especially when companies need to reinvent themselves to survive, she warns, they can't afford the huge costs associated with stressed-out talent: "It's not good for the bottom line," she says, "and it's not good for individuals...