Word: laddered
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...investment banker Frank Quattrone from Morgan Stanley, apparently by offering the kind of deal that made it easy for him to walk away from a reported $10 million job at his old firm. Goldman Sachs is attempting to stave off poaching by creating a new rung on the corporate ladder: junior partners, who will share some of the riches traditionally reserved for full partners. The company named 38 new partner-managing directors to the post. Moral: on Wall Street as in sports, you can keep your stars only by paying at least as much as they might get to jump...
...State Department is the head of the U.S. foreign affairs team, which formulates, represents and implements the President's foreign policies. The Secretary of State is the highest ranking member of the department. That is, a woman today stands on one of the top rungs of the foreign policymaking ladder. If Albright had been born in the U.S., she would now be fourth in line for presidential succession. We have come a long way since weighing coins...
...ourselves in the policymaking ladder for the first time", Nelson says...
...Rescue $16; Discovery Toys; ages 3 to 5 The driver of this chunky little fire truck sways merrily enough as he's pushed along, but the real fun comes after the ladder is raised and the truck opens like a suitcase to reveal a treasure chest of little knobs and handles to push, pull and turn, all with appropriately satisfying whirs and clicks. Kids provide the siren...
Videoconferencing has moved out of the boardroom and into the den, thanks to this low-priced unit that squeezes a video and an audio signal over regular phone lines. Of course, moving up the technology ladder has its price: with your mug constantly onscreen, you'll need to remember not to roll your eyes in dismay until after you hang up the phone. ($449.99; Creative Labs...