Word: payments
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Both Johns Hopkins and Andover were paid by Columbia Pictures for the shoots. According to “The Phillipian,” Andover’s student newspaper, Andover was paid $20,000. Johns Hopkins would not disclose its payment...
...Feinberg's big changes are in the form of payment, particularly on Wall Street. Gone are year-end payouts and AIG-style guaranteed retention awards. Instead, he devised a method of compensating executives: something he calls salary stock. Each pay period, the executives at Bank of America, GM and the other firms will get awards of stock along with their regular paychecks. The checks can be cashed immediately, but the executives may not sell the stock for up to four years. Also, bonuses are paid in restricted stock, which must be held for at least three years...
...spying for the army. He says the final straw came when the guerrillas forced his pregnant rebel girlfriend to get an abortion. Visages wore civilian clothes and operated in towns, so it was easy for him to get out. When the FARC sent him to collect an extortion payment from a cattle rancher, Visages turned himself in at an army checkpoint. But for uniformed rebels operating in the jungle, escaping often involves hiking through the wilderness for days and avoiding rebel patrols, because the FARC executes deserters...
...only green shoots that many non-Wall Street types have seen lately are the weeds sprouting in the parking lots of abandoned malls. Unemployment is marching toward 10%, and house foreclosures are still rising. If you're a day late with your credit-card payment or overdrawn by a few bucks on your ATM card, the bank (which your tax money helped bail out) is still sticking you with obscene fees and charges. Hence the question that so many of us are asking: Where's my bailout? (See 25 people to blame for the financial crisis...
...real world (outside New York City), a bonus is generally a payment for extraordinarily good performance. But on Wall Street, what's called a bonus is generally part of base pay. That's especially true for worker bees, who far outnumber CEOs. (The word bonus is a remnant from the days when Wall Street was made up of partnerships. Now that Wall Street's largely owned by public shareholders, it should have long since dropped bonus for contingent compensation or something similar. But hey, the Street, as I said, is tone-deaf.)(See the top 10 financial-crisis buzzwords...