Word: good
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Dates: during 2000-2009
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...real world (outside New York City), a bonus is generally a payment for extraordinarily good performance. But on Wall Street, what's called a bonus is generally part of base pay. That's especially true for worker bees, who far outnumber CEOs. (The word bonus is a remnant from the days when Wall Street was made up of partnerships. Now that Wall Street's largely owned by public shareholders, it should have long since dropped bonus for contingent compensation or something similar. But hey, the Street, as I said, is tone-deaf.)(See the top 10 financial-crisis buzzwords...
...expert, but I know Laura Marling is good. (I’ve been listening to folk, to folk-pop, since my mom sent me James Taylor’s self-titled CD in a camp care package when I was nine; I wanted something by Christina Aguilera, and complained bitterly...
...view of my colleagues, there’s two kinds of economics—there’s good economics and there’s bad economics,” he says. “If I wasn’t doing their economics, than I couldn’t be doing good economics because that was what they were doing...
...well designed. The fact that people have instant access to the most updated information – where there is an outbreak, when the first symptoms are spotted, how to prevent infection – relieves some of the anxiety about the global pandemic. Still. This can't be good for all those hypochondriacs out there...
...past year, and the billions of dollars lost in the credit crunch demands attention. Yet The Boston Globe and others who call for a fundamental change in Harvard’s investment philosophy as a result are themselves off the mark. Insisting upon conservative money management looks good now, but the benefit of hindsight will always change the evaluation of an investment. Smart management demands flexibility—this does not preclude conservative investment, but the willingness to take risks is a critical characteristic of successful money management. Such risk can, of course, generate significant return, as evidenced...