Word: phone
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...wind of it, that AIG had paid out $165 million in retention bonuses to executives at the unit that compelled the U.S. to bail out the company in the first place. It took Geithner until 7:40 the next night to place what must have been a tense phone call to AIG's newish CEO, Ed Liddy. The bonuses were not tenable; they had to be canceled, he demanded. Liddy, a dollar-a-year man who took over the company after the bonuses had been promised, replied that AIG's lawyers had decided that the contracts could not be broken...
Companies that want to get bigger or round out their portfolios of businesses have probably been on the phone with their investment bankers in the last two weeks. It may be the first time that some bankers have gotten a client call in a year. There is a rush to look at targets now, because if the market moves up another 10% or 15%, a lot of companies that were cheap will get expensive...
...Reached on the phone at his office at Harvard, Gilbert said that this new study builds on previous research on psychological biases and fallacies - a genre of studies "that show us how we are largely strangers to ourselves." But, he says, we can better understand how we will react to future situations by embracing our commonality with other people, and treating their response to experiences as less subjective than objective...
...said in a recent phone interview that when he took over, he feared that the curricular review might die. It was of the utmost importance to sustain the committee’s momentum...
...better and more up-to-date equipment. Supply and command problems were clearly evident in last August's Georgia war. There was a lack of coordination between air and ground forces as well as mismanagement of equipment. One famous anecdote from the war had a general borrowing a mobile phone from a journalist in order to call in commands to his troops. (See pictures from Russia's 2008 war with Georgia...