Word: optional
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Spitzer's view enjoys broad support among institutional shareholders. "Excessive executive pay undermines the very principles of free enterprise," says Phil Angelides, the California state treasurer and a board member of the California Public Employees' Retirement System. He endorses recent efforts to rein in those eye-popping stock-option grants but notes that CEOs still seem to find a way to get richer at their employer's expense. Grants of restricted stock have in some cases replaced the value of options for executives. Retirement benefits and deferred-compensation packages can also amount to millions of dollars and yet remain relatively...
Nonetheless, she says she felt the option was available...
...Park. Guests climb up a 13-m ladder to reach the hotel's only room-and that's where they stay, because the ladder is then removed. Choose between a "bohème service," which means you bring your own food and bed linen, or the more comfortable deluxe option, where meals and blankets are hoisted up to you in a basket. There's a kitchen, bedroom, veranda with a hammock and-rest assured-a toilet...
...near Västerås. The inn, which is accessible only by boat, sleeps two in a steel tank under the water. Expect to be closely observed here as well: panoramic windows in all directions allow passing fish to scrutinize dozing occupants. Once again, guests choosing the deluxe option will have their meals and bed linen delivered, but there's a kitchenette above the waterline for those who want to self-cater...
...those dealing with the facts on the ground in Iraq--and desperately trying to create new realities--failure is not an option openly acknowledged. With barely a month to go before the occupation officially ends, the scramble to sort out two critical questions--Who will run the country after June 30? And will the U.S. be able to leave Iraq anytime soon?--is close to a sprint. While U.S. troops launched an all-out, high-risk offensive to destroy Shi'ite militia loyal to Muqtada al-Sadr last week, the U.N. envoy responsible for forming a new Iraqi government, Lakhdar...