Word: modeste
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...never a good time, of course, to be accused of price-fixing. But BP can especially not afford it now. Every month of record gas prices brings more pressure on Congress to impose a windfall tax on oil companies. BP?s chief executive, Lord John Browne, made a relatively modest $8.24 million last year, but his counterpart at Exxon-Mobil, Lee Raymond, retired with a package worth an astonishing $400 million - adding more fuel to the fire over CEO pay and calls for oil industry profits to be reined in. While BP isn?t lobbying for drilling in the Arctic...
Roosevelt's voice is a reminder that he was a descendant of a wealthy old New York family. In an age of robber barons and their heaped-up millions, Roosevelt's net worth was modest compared with theirs, and as a young man, he lost considerable money in his disastrous attempt to become a cattle rancher in the Dakota Badlands. But all his life he moved easily in a world that dressed for dinner. When he led the Rough Riders, it was in a uniform from Brooks Brothers...
Roosevelt came to believe that government had the right to moderate the excesses of free enterprise. Although his exercises of power seem modest to us now--the breakup of monopolies, the Pure Food and Drug Act, the meat-inspection and industrial-safety laws--it was a shock to the system at the time. Roosevelt--a Republican!--insisted that one of the things government must govern is the economy. Today, when the Justice Department goes after Microsoft or Enron, when the Environmental Protection Agency adjusts mileage standards or the Fed tweaks the prime, somewhere his ghost is smiling...
...closer to their more hard-line position. But a more subtle game may be afoot among Republicans, designed to strengthen the compromise plan of Rep. Mike Pence - first reported on TIME.com - that leans in the direction of the hard-line House; it would crank up border security, have a modest guest worker program and insist that illegals leave the country before reapplying for citizenship...
...Modest Mountaineers As reported in our May 29 issue, Mount Everest is being scaled by some surprising climbers, including a teenage boy and a double amputee. The June 14, 1999, TIME 100 profile of Edmund Hillary and Tenzing Norgay related that the mountain's first conquerors in 1953 were also unlikely heroes...