Word: lites
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Dates: during 2010-2019
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...blame David Garrard. (Although those of us who chose him for our fantasy teams surely will.) Four of the league's élite quarterbacks - Peyton Manning, Ben Roethlisberger, Carson Palmer and Tom Brady - dropped out, citing injury or, in Manning's case, participation in the Super Bowl on Feb. 7. The result? Garrard's QB sneak, a move that lands him a spot as the AFC's third alternate despite pedestrian numbers and a losing record. (See pictures of Super Bowl entertainment through the ages...
...Indeed, the profile of the average French board member painted by the Ernst & Young report seems frozen in time: the person is typically a 59-year-old male from one of France's élite graduate schools. He probably serves on more than one board. (French law permits people to hold seats on up to five companies' boards at the same time.) French boardrooms are far less diverse than those in other nations; a survey last month by the independent Politico-Economic Observatory of Capitalistic Structures (PEOCS) indicates that the concentration of business power is greater in France than...
...author of its upcoming book A la Découvert des Grands Patrons (Fleshing Out the Big Bosses). "You hear and read a lot about dynamic new companies and rising CEOs, but those are the tiny exceptions to the wider rule: French business is controlled by a small élite of very powerful men free to decide things as they wish - so long as they don't screw up." (See a TIME video on doing business in France...
...graduate schools not only hone the intellectual mettle of the students they accept but also help them create the networks they'll need to rise to the highest circles of power. The problem is that the seats at these schools tend to go to the children of the élite, ensuring that power stays in the upper class - even in the same families - from generation to generation. (Read "Education Abroad: Breaking the Bachot...
...steel-company president before winning a seat in Michigan's house of representatives in 2004. He built a fairly conservative record (he is Catholic and opposes abortion); his efforts to restructure the state health care system to sharply reduce costs endeared him to Michigan's business élite but infuriated unions, historically a key Democratic voting bloc. (See TIME's yearlong look at Detroit...