Word: personics
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...make a mention in your book of TIME's decision to select American Women as its 1975 Person of the Year. What is your perspective on that? TIME's year of the woman in 1975 was nice as a concept, but it wasn't necessarily the case [for women] down in the trenches. Back then women were few and far between in business, even in America. It was too early and we were not there yet. Things have only started to speed up for the past five to 10 years and now things are changing. (Read TIME's cover story...
...will decide what they will pay their employees in year-end pay. Bonuses at Goldman Sachs, for instance, are on track to average over $650,000 per employee. Many people will get paid much more. Johnson says if Hall had stayed at Citigroup he might have been the only person at a top bank to receive a $100 million payday this year. But plenty of other folks will come close. He estimates that about 100 investment bankers and traders will receive a bonus of $10 million or more...
Rose, an acclaimed interviewer, contented himself with pitching softballs (How is the Harvard of the '60s and '70s different from that today?) and inane questions (Imagine a freshman asks you, "What do you want me to get out of this? What kind of person should I become in the next four years?"). Faust, the humble historian, talked about diversity and lauded the Q guide as an example of Harvard's dedication to quality teaching. (Unfortunately, only the first ten minutes of Faust's interview were posted on Charlie Rose's Web site...
Rose: "How about this: [Dramatic pause.] The simple process of someone, uh, teaching someone else, and someone learning from someone else. [Painfully slow and deliberate word choice.] Has the dynamic of that thing...that has been...the engine...of becoming...an educated person...changed...
...Democrats who helped negotiate the Capps compromise, according to one person who was involved, felt confident it would "help clear the way for the bishops to support" the House health-reform bill. But just a few weeks after Rigali's initial letter, the Cardinal on Aug. 11 sent a second letter to members of Congress that raised a new concern: "Funds paid into these plans are fungible, and federal-taxpayer funds will subsidize the operating budget and provider networks that expand access to abortion...