Word: ownerships
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Dates: during 2000-2009
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...opposition to his proposal to change Social Security from a risk-free plan into one with so-called private accounts. Critics of the 70-year-old system were determined to chip away at Social Security as part of a larger effort to promote what the Bush Administration calls an "ownership society." As Treasury Secretary John Snow told a congressional committee in February 2004: "I think we need to be concerned about pensions and the security that employees have in their pensions. And I think we need to encourage people to save and become part of an ownership society, which...
...employees lose supplemental retirement benefits for a lifetime of actual work. Just ask Betty Moss. She was one of thousands of workers at Polaroid Corp.--the Waltham, Mass., maker of instant cameras and film--who, beginning in 1988, gave up 8% of their salary to underwrite an employee stock-ownership plan, or ESOP. It was created to thwart a corporate takeover and "to provide a retirement benefit" to Polaroid employees to supplement their pension, the company pledged. Alas, it was not to be. Polaroid was slow to react to the digital revolution and began to lose money in the 1990s...
...stage.” This heightened competition put pressure on Shakespeare to write plays that would be recognized above the other companies’ productions. Moreover, Shakespeare was a shareholder of the Globe Theatre—an unconventional position for a playwright of the time. This partial ownership allowed him more control over what shows his company would put on stage. The combination of these factors inspired and challenged Shakespeare, and spurred his writing to be better than it had ever been. Shapiro’s opus comes at a high-water mark for the continuous tide of Shakespeare scholarship...
...bank also denies ownership. In her attempts to repair the clock, Dracopolous says she has also contacted the disappointingly unresponsive city institutions—City Hall and Public Works. After leaving a message with a mysterious “Steve” at Public Works, Dracopolous says, she doesn’t know where to turn to placate the “many residents” she says have complained about the busted timekeeper...
...Lufthansa's new private-jet service (www.lufthansa-private-jet.com) is operated by NetJets, which pioneered fractional ownership of business aircraft in 1986, and counts among its 5,000 shareholders the likes of Bono and Madonna. The service enables first-class passengers flying into Lufthansa's Frankfurt and Munich hubs to connect onward to more than 1,000 European airports. Flights can be booked with as little as 24 hours' notice, with pricing based on flight time and the type of aircraft used. Onboard, guests enjoy personalized catering and business necessities like data ports and satellite phones. Best of all, the entire experience...