Word: lay
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...long ago, many would have placed Enron's Ken Lay--innovative, daring--in the pantheon of American business. That such a judgment could be made by those not otherwise known for idiocy places our value system into question. The task of companies is to provide returns for investors and so create jobs and spread wealth. But by the '90s, top businessmen had become celebrities, writing books (or having them ghostwritten), gracing covers of magazines and preaching the wonders of American management and transparent accounting practices to companies in other countries. After Enron, the audiences overseas for heroes of glamour capitalism...
Keret says they didn’t lay him off only because “they really liked me and they really had this thought that if they would fire me I wouldn’t find any other...
...blackout period - oh, that blackout period. It may be a pleasant thought that Ken Lay wouldn't have been able to pay back that billion-dollar loan with company stock during the lockdown. But if Bush really wanted to make things fair for workers and investors, "OK for the sailor" and "OK for the captain," as he put it Friday, he'd make a company halt all trading of its stock - Wall Street too - while a blackout period was on. Then we'd see how often those blackouts occurred - and what happened during them...
...thus they don't come with the same rights as shares that an outside investor actually pays hard currency for. Neither are they like the gobs of shares that top executives routinely get as part of their agreed-upon compensation (again, it's about competitively luring talent). When Linda Lay was crying for the cameras last week about how she and her husband lost everything too, she may or may not have been shooting us straight - but she sure wasn't talking about Kenny Boy's 401(k) plan...
...small backpacks. And then we were off. The first few hours took us on a gentle path through dense forest. The going was easy, though Michael, our guide, constantly reminded us to take it slowly and allow our bodies to acclimatize. The Swahili word for slow is ?pole? (poh-lay), and that became the buzzword for the rest of the climb. Slow and steady really does win the race. The track became steeper the higher we climbed and by mid afternoon, a light drizzle began to fall. We set up camp at 9700 feet, in a rocky bush clearing just...