Word: peak
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...MIDDLE EAST TENSION The Iranian hostage crisis, stagflation and oil woes lead to an all-time peak...
...Second is disability compensation. Already, one-third of the troops who have returned from Iraq have applied for disability benefits. This is a cost that continues for years—the peak year for paying World War II benefits was 1993. The federal government spends $4.3 billion a year in disability compensation for veterans of the first Gulf War, even though that conflict lasted only a month. Given the intensity of combat and the high injury rates in Iraq and Afghanistan, we expect close to 50 percent of current troops to qualify for long-term disability compensation...
...happens, the broadest distributions occurred from 1998 to 2001, a period marked by nosebleed stock valuations. The 10-year expiration on those grants is near, and the NASDAQ is still at just half its peak level, while the broader Standard & Poor's 500 has barely gotten back to even. Grants made in 2000 alone represent lost value of $150 billion, with virtually no chance of recovery, says Ira Kay, an executive pay consultant at Watson Wyatt...
...consultants say companies have returned to the old days of granting options, or restricted stock, only to big shots and stars. The NCEO estimates that the number of companies with broad-based plans has dropped to 3,000, from a peak of 4,000 a few years ago. As a result, says Kay, "morale problems are stewing." He warns that line workers understand the value of options when they are granted while the market is low. "They'll see this as a pay cut," he says, and it will infuriate them when CEOs start ringing the register again...
...weekend’s games are so big that I’m trying to look at it as the exciting culmination to our season.”Last weekend’s loss to Yale marked a low point—but in an Ivy season with its peaks and valleys, the Crimson now has a chance to peak at just the right time. —Staff writer Emily W. Cunningham can be reached at ecunning@fas.harvard.edu...