Word: firms
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...show up for work on Wall Street; you get paid by what you produce, as a year-end bonus. But it does the raise the question: What, exactly, does a Wall Streeter produce? If a banker or a trader brings in $10 million of profit for his or her firm, it seems reasonable that the individual should get a cut of it. There's also a scarcity premium involved. Presumably, there are only so many folks out there who can bring in $10 million or $100 million in a given year, so you have to include some pay-to-stay...
...Alston, as was the Great Plains Indian Gaming Association, a trade group representing tribes with casinos in the upper Midwest. And then there is Leo Hindery Jr., the former chairman of the cable-television industry's lobbying group, who hired Daschle as an adviser on a new investment firm and gifted him more than $100,000 in car services from Hindery's limousine driver, which the former South Dakota Senator failed to pay taxes...
...While working at Alston, Daschle never technically lobbied anyone, even though he worked for a lobbying firm, made money from lobbying clients and become business partners of those investing in heavily regulated industries. He was able to skate through by exploiting an undefined middle ground in the way influence is brokered in Washington. Under the law, there is a distinction between "lobbying contacts," which only lobbyists can do, and "lobbying activities," which can be done by both lobbyists and non-lobbyists...
...gone well. Daschle said privately that it looked as though he would weather the controversy that had begun with revelations that he had failed to pay $128,000 in taxes, most of which arose from his use of a car and driver provided to him by a private-equity firm for which he had consulted...
...whole world knows that it was a premeditated murder. The file contains enough evidence for the world." - On his firm belief that Princess Diana's death was not an accident...