Word: martinizing
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Dates: during 2000-2009
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...bonuses that should not have been paid without Bank of America's consent. AIG (AIG) may be the example that best makes the case. As the company, which has been the world's premier insurance firm posted greater and greater losses on its derivative investments, the board pushed out Martin Sullivan in favor of Robert Willumstad in June 2008. Willumstad was clearly at least partially responsible for the trouble at AIG since he was the non-executive chairman before being made CEO. He made a further mess of the AIG problems because he was slow to address them...
...South African actors Vosloo (The Mummy) and Chweneyagae (the Oscar-winning Tsotsi) wouldn't either. It's just a little strange that South Africa's most important stories are so often told by foreigners. "Imagine how the Americans would feel if we cast a South African as Martin Luther King," says Johannesburg-based producer and film financier Paul Raleigh. "It's like the old Westerns, when the Indian chiefs were white guys in make-up. It's just wrong." (See pictures of South Africa in the election...
Before Saturday’s game against Columbia, the Harvard women’s lacrosse team honored seniors Sarah Bancroft, Shannon Flynn, Kaitlin Martin, and Catriona Stewart in their last college lacrosse game at Harvard Stadium. After the game, a crowd dominated by the Lions was wildly celebrating Columbia’s only Ivy League win of the season after the visitors scored with 39.9 seconds left to win 11-10. “We were really disappointed with the outcome,” junior tri-captain Sara Flood said. “We typically beat Columbia, and it?...
...Street's oldest traditions - the year-end bonus. Instead, Cantor is offering to pay most of its new employees in full each month, rather than holding a good chunk of their pay until the end of the year. "There is just too much variability in year-end pay," says Martin Teevan, who joined Cantor & Co. from Goldman Sachs in December, and is the head of high yield and distressed bond trading. "There is a lot of concern that no matter how well you do at Big Bank XYZ, you just won't get paid...
...Scoring goals definitely comes from whoever wins the draw controls, so if you can win the draw controls, you can win the goals.” With 13 minutes left in the game, Harvard scored four of the next six goals. Off a feed from senior Kaitlin Martin, Doherty put the first of the Crimson’s four into the net. Unfazed, Dartmouth scored two more in under a minute, leaving Harvard with little hope.Nine minutes later, after a stretch of scoreless play, the Crimson was more than frustrated. Picking up the tempo, sophomore Jess Halpern gave the ball...