Word: give
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...Rather than relying on clawbacks, companies should make sure they get their compensation decisions right in the first place," says Hye-Won Choi, who is the head of corporate governance at TIAA-CREF, which manages retirement accounts. "It is much easier not to give awards up front than it is to take them back once paid...
What's more, the deals the banks wanted to strike with AIG would have involved the insurer and the government giving up their right to reclaim the underlying bonds. Some have argued that would have led to a worse deal for AIG. Instead, the Federal Reserve decided to give AIG the money to pay off the CDS contracts in exchange for the soured bonds. As credit markets have rebounded, those investments, most of which were risky mortgage bonds, have risen in value...
...probably give [Bernanke] more of a C+,” said Jeffrey A. Miron, the economics department’s director of undergraduate studies. “But I don’t think many other people would have done better than...
...friends of Haiti to reach back in partnership. This task will not be easy, for a true partnership calls for more than monetary aid, colorful ideas, and the “sympathetic” revisiting of Haitian history. What is needed is a coherent and executable plan that will give agency, not pity, to the Haitian people as they reconstruct their country with international support. Too many times in the past, good intentions have died on Haitian shores, while seemingly good ideas have unleashed pestilence on the nation’s populace. However, this time we have no choice...
...ground. And he shouldn't be confirmed just because markets are freaking out that he might not be. But Fed chairmen are supposed to be apolitical, analytical and data-driven; Bernanke is all those things, and he did, after all, save the world. If Republicans don't want to give Obama a victory, they should think of Bernanke as one of Bush's best appointees. And if Democrats want to distance themselves from Wall Street, they should pass tough financial reforms so that Chairman Bernanke never has to save the world again...