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...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...
...others, depending on political and social criteria. The most recent example: Delphi Corp., GM's former parts division that was spun off a decade ago, which recently emerged from bankruptcy proceedings. White collar Delphi retirees are having their pensions whacked, but United Auto Workers pensioners are being made whole...
...think at that point we were sick of seeing the ball going into the net,” Tassopoulus said. “It was a little late but at least we made the changes...
...think [last night’s game] made us better for Saturday,” co-captain Kristin Bannon said. “We’re just sort of trying to use it as preparation for our upcoming [game...
...Surprisingly, the killing was scarcely reported in Germany, which caused massive embarrassment for Chancellor Angela Merkel's government when the story made headlines across the Muslim world. Following the demonstrations in Egypt, Merkel expressed her condolences to Egyptian President Hosni Mubarak on the sidelines of the G-8 summit in Italy in July. Given the outcry over the earlier lack of publicity, Alex W.'s trial is now receiving extensive coverage in the country. German political leaders are also nervously watching the proceedings. "Politicians regarded the murder of Marwa el-Sherbini as a foreign policy issue, but it was really...