Word: latham
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...David Schindler, a partner at Latham & Watkins who specializes in white collar and government investigations, says "human frailty" will always be a factor, and that would hold true even if tougher regulations and oversights had been in force over the past decade. "When you're a regulator and you get an allegation of wrongdoing [regarding] somebody who occupied the position in Nasdaq that Madoff did at that time, the human condition is such that it might be hard for somebody to start investigating or shooting at someone of his stature [knowing that] if they're wrong, their career and others...
Some firms, such as Los Angeles-based Latham & Watkins and San Francisco-based Orrick, Herrington & Sutcliffe, have offered $75,000 annual compensation packages to incoming associates who defer employment until October 2010 and find alternate work in public-interest law. Other firms, like Morgan Lewis, have told deferred associates they can earn up to $60,000 per year if they work in public service, plus an additional $10,000 if they continue to study for the bar. Overall, firms estimate that these deferral arrangements could save them $25,000 to $85,000 per employee. (Read "Job Forecast for College Seniors...
...finally send a woman to Congress? This year, it depends on the outcome of the race in Iowa's fourth district (representing northern Iowa farm towns as well as the college town of Ames and fast-growing Des Moines suburbs), where the well-funded, seven-term Republican incumbent Tom Latham is facing a stiffer-than-usual challenge from Democrat Becky Greenwald, a political newcomer who has earned national attention and is hoping to ride a Democratic wave to victory if Obama wins. Iowa is among only four states that have never sent a woman to Congress (of those four, which...
...resolutely secular party, and said the machinations of Labor's factional power-brokers "revolted" him. Known as Pixie for his fresh looks, and Dr Death for his cold stare of disapproval, Rudd was said to have few friends in Canberra. Former Labor leaders Paul Keating and Mark Latham described him, respectively, as "a menace" and "a terrible piece of work." But by picking left-winger Julia Gillard as his deputy, he won over the factions - and got the leadership. He started campaigning the same day. Labor's poll numbers jumped from the low 40s to the high 50s; within three...
...bookish, and married to a multimillionaire businesswoman, he wasn't exactly everyone's picture of the Aussie working-class man, though he lost few opportunities to remind people he'd grown up on a Queensland farm. "If he grew up in poverty in rural Queensland," sneered former Labor leader Latham, "where did the posh accent come from?" Advising Rudd to "take the piss" out of himself, his brother Greg reportedly said: "You're just not that sort of personality where people want to spend time with you outside a work issue." But he was a hard worker, and he worked...