Word: echelons
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Even a lower-echelon dealmaker or trader could drown in this year's bonus pool, filled by the huge flow of investors' money into Wall Street and by auction-quality bidding for talent. "It's like Madonna or Michael Jordan," exclaims Alan ("Ace") Greenberg, chairman of Bear Stearns and one of the Street's franchise players. This year Ace scored bonuses, on top of his cheesy $200,000 base salary, adding up to $18,840,701 in cash, stock and what a proxy statement calls "other compensation," more than double the pedestrian $8 million he got last year. And that...
...graduation of four of the top players from last year's championship team, the squad is sporting a new, younger appearance. With only nine players comprising the varsity echelon, the changing of the guard nears 50 percent...
First up will be the tough Rutgers squad. Hopefully for Harvard, it will be able to find that winning non-league element which will propel it into the next echelon. Providence 3 Harvard...
Women have fared well in these appointments--three of the University's five vice presidents are now female--but the top echelon of leaders remains all white. "The emphasis on faculty diversity has borne fruit," Hoyte says. "But I would certainly like to see more progress with administrative staff diversity...
Harvard is often seen as the training ground for the future leaders of the country: a top echelon of alumni across a broad spectrum of society from Vice President Al Gore '69 to former Cambridge mayor Kenneth E. Reeves...