Word: eager
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Fearing regulation, financial firms are eager to prove they can police their own pay policies. At a recent Washington hearing into the causes of the financial crisis, executives from four top banks all cited recently instituted clawback provisions as evidence the firms had reformed the pay practices that many believe were at the root of the financial crisis. Clawback provisions are at the heart of that effort. While companies have always had the right to sue employees for ill-gotten gains, more firms are adding provisions to reclaim pay not just for illegal behavior, but poor decisions. And they...
Akpan joins a Rapids team that is eager to enter the upper echelon of MLS clubs. Colorado has narrowly missed the playoffs in each of their last three seasons, but their off-season transactions (and talent on the offensive side of the ball) could beckon a new era of success...
...Wall Street - first the new tax on big banks last week, then Thursday's new restrictions on big banks - signal a somewhat new approach to financial reform. But they also signal a very new approach to politics and governing: more populist, more confrontational, less deferential to Congress, less eager for common ground. His uncharacteristically blunt message to financial giants and their political defenders said it all: "If these folks want a fight, it's a fight I'm ready to have...
...clearly hasn't happened yet; Brown opposed Obama's proposed taxes on big banks as un-American taxes on success, and Republicans on the Hill remain confident that the larger issue is far too complex for Democrats to turn into a referendum on Wall Street. But Obama is obviously eager to try. The goal of his fight is not necessarily to win. It's to show Americans that he's fighting, and who's fighting against...
...Rubio and his conservative backers have fixed political floodlights on a photo of Crist sharing a hug with President Obama last year as the governor welcomed federal stimulus money into Florida. But they probably won't be so eager to exploit the support Crist received from Rothstein (who, by the way, helped Crist blow out the candles on that $52,000 birthday cake), because some of those conservative boosters may well be shown to have received Rothstein's dirty largesse themselves. They could include GOP legislators in Tallahassee, where federal agents last month came calling to question politicians from both...