Word: goldener
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Dates: during 2000-2009
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...knew this was bad news," says Song Seng Wun, regional economist at CIMB-GK Research in Singapore, who like other market-watchers believes some sort of bailout plan will get through. Unlike U.S. taxpayers, market actors in Asia aren't overly concerned about details like limiting golden parachutes extended to disgraced CEOs of bankrupt financial companies, or whether the U.S. government gets enough equity for their investment. "They just want something to be passed," notes Kowalcyzk...
...Barack Obama seemed at least a little more upbeat. In a statement, he noted that all four principles he laid out last week - increased oversight, taxpayer protections, a provision limiting golden parachutes and measures to help homeowners - were included in the bill. But he added, "When taxpayers are asked to take such an extraordinary step because of the irresponsibility of a relative few, it is not a cause for celebration...
...Sunday morning. But a compromise was reached that places a tax on executive salaries and bonuses of $500,000 or more at companies in which the Treasury has bought more than $300 million in assets at auction. For companies in which the Treasury intervenes directly, a 20% surcharge on golden parachutes is instituted...
...revolutionized American - in fact, global - journalism. If Britton Hadden and Henry Luce, who founded TIME, were the fathers of the newsmagazine, Oz was the person who showed that the format could be a place for great, campaigning journalism, giving it a new relevance as America's post-1945 golden age gave way to the social and political tumult of the 1960s. In 1963, with a special issue titled "The Negro in America" - one of the handful of truly revolutionary pieces of American journalism - Oz made Newsweek a force to be reckoned with and demonstrated that great journalism could help shape...
...back as the penny-saving Ben Franklin and the conquistadores chasing their dreams of golden cities, this has been a country of mixed minds about how to get rich. We extol the conservative Warren Buffett model: selling 4 cent Cokes for a nickel and conscientiously saving the proceeds, investing in quality goods and well-run enterprises and shunning a penthouse on Central Park when a five-bedroom home in Omaha, Neb., will do. At the same time, we're always on the lookout for the next gold rush, the next Powerball, the next bubble. The fact that Wall Street banks...