Word: plan
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...that a provision was inserted into the stimulus package that says the rules do not apply to any bonuses contained in employment contracts signed before Feb. 11. (It is this provision that AIG has cited in defending its controversial bonuses to top executives.) Citi finalized its plan for paying 2008 bonuses in January. But it's unclear whether Citi's deferred-payout plan would be considered a valid employment contract under the rules set out in the stimulus package. The law leaves that up to Treasury Secretary Tim Geithner to decide...
...amid a focus on the pending curricular review and the controversies of the Summers administration, calendar reform fell by the wayside. In spring 2007, Undergraduate Council resumed the discussion, calling for an undergraduate referendum on calendar reform and proposing a plan that deviated from the Verba report in omitting a J-Term...
...that academic year, interim President Derek C. Bok announced that the Harvard Corporation had approved a plan modeled on the Verba committee’s initial outline...
...plan is to issue soldiers lighter gear to help them navigate the mountainous terrain. Humvees will also have to be transformed. Those in use in Iraq have been much improved since the war began. However, they cannot be simply transfered over to Afghanistan. IEDs in Afghanistan have been delivering bigger bangs (in a seven-month period in 2008, IED incidents increased from 50 to 154) and, says, Dean Lockwood of the think tank Forecast International, "while the up-armored Humvees have good protection, it is not enough for a large IED." Furthermore, the vehicles have to be lighter...
...bonus scandal could make that repair job even harder than it already is. Growing doubts about the Administration's revitalization plan have now mushroomed into a full-blown credibility crisis. After all, how can Obama ask for upwards of another $750 billion for another bank bailout (as he has in his 2010 budget) and $100 billion to help the world economies, when it appears the Administration has had little control over how the banks have been spending the money thus...