Word: favorability
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...have been paid without Bank of America's consent. AIG (AIG) may be the example that best makes the case. As the company, which has been the world's premier insurance firm posted greater and greater losses on its derivative investments, the board pushed out Martin Sullivan in favor of Robert Willumstad in June 2008. Willumstad was clearly at least partially responsible for the trouble at AIG since he was the non-executive chairman before being made CEO. He made a further mess of the AIG problems because he was slow to address them and was himself fired in September...
...banks. Our 55-year-old company, VALIC, was highly respected for its integrity and personal service. AIG is now selling our profitable company to the highest bidder to help pay back taxpayers. The good news is that we are reversing our ill-advised name change, dropping AIG Retirement in favor of our original name. But what am I supposed to do with all my AIG-embroidered hats, shirts and jackets? John Wilkins, APTOS, CALIF...
...reimbursement claims by parents who have unilaterally placed their kids in private special education rose from 3,023 to 4,068, and the city's spending on private placements went from $53 million in 2005-2006 to $88.9 million in 2007-2008, after the Second Circuit Court ruled in favor of the families in two similar cases...
Should the Supreme Court decide in favor of TA, says Naomi Gittins, deputy general counsel for the National School Boards Association, "it would be detrimental to the whole framework of collaboration to figure out what an appropriate education for a particular child is ... A lot of private schools for which parents want reimbursement don't have to meet state standards. How does that really serve the interest of children...
...looking equal parts Clausewitz and Sun Tzu - two of history's greatest military tacticians - as he unfolds his battle plan to remake the U.S. military. Last week he unveiled a $534 billion budget proposal for 2010 that calls for killing some of the military's most cherished weapons in favor of less high-tech gear better suited for the wars in Afghanistan, Iraq and the most likely future conflicts. "You don't need," he said, "a $5 billion ship to go after pirates." (Read "Gates Takes Aim at Military Pork...