Word: multimillions
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...Bush will have a writing companion in his wife, Laura, who in January signed a multimillion-dollar contract to write her own memoir. But they'll have to pedal hard to catch up with the literary achievements of the current occupant of 1600 Pennsylvania Avenue. Thursday also brought news of Barack Obama's 2008 book earnings - with the same publisher, Crown. The President picked up $2.5 million in royalties last year for his memoir Dreams from My Father (139 weeks and counting on the New York Times paperback nonfiction list) and The Audacity of Hope (64 weeks on the same...
...years makes a lot of sense,' says Paul Hodgson, a senior research associate at the Corporate Library, which examines issues of corporate governance. "But I find it hard to believe that any top executive at a bailed-out bank would have had the performance in 2008 to generate a multimillion-dollar bonus." (Read "Is Citibank Really Out of the Woods...
...taken government money and made it clear that a great deal of the cash has been wasted. Even with the evidence of that completely uncovered, the Administration has so little power that it cannot let AIG go under, as a punishment for taking taxpayer money and using it for multimillion dollar bonuses...
...perfectly. "This is not just a matter of dollars and cents," the President said in the East Room. "It's about our fundamental values. All across the country, there are people who are working hard and meeting their responsibilities every single day without the benefit of government bailouts or multimillion-dollar bonuses...
...their jobs in the first place because they know their fields. Forbid such educated people to consult with the companies that develop new medicines and you cut off a valuable source of knowledge. What's more, pharma's largesse also flows to the schools themselves in the form of multimillion-dollar endowments. Whether or not the companies are trying to curry favor, they're also building labs and bankrolling scholarships - something that becomes increasingly important as the deteriorating economy causes philanthropic giving to dry up. No one disagrees that isolating academia from the industry may be ideal, but even many...