Word: postings
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...Less than two weeks ago, The Washington Post published an article announcing that AIG had paid millions of dollars in retention bonuses to executives of the company. Documents later turned over to the Connecticut Attorney General show that the actual figure was $218 million. To date, the government has loaned AIG $170 billion from various financial assistance efforts, including Troubled Asset Relief Program ("TARP"), in exchange for an 80 percent stake in the company. However, in apparent disregard of its unmatched failure, AIG chose to honor its employee's compensation agreements, and awarded multi-million dollar bonus to its executives...
...hour juice fast and taking a bubble bath with an Oscar statue. John Cleese has written about his pet chickens, while MC Hammer has mused on the economy ("We just fed the nation 15 [years] of evil soup. Now we're throwing up"). Other celebrities, including Shaquille O'Neal, post actual information about where they are and what they're doing. And they encourage fans to meet them...
Many finance experts think the rules fall far short. Including, it seems, the SEC's new chairman, Mary Schapiro. In congressional testimony on March 11, two months after she was confirmed to her post, Schapiro said, "I'm not sure if it's enough, to be perfectly honest." On April 15, the SEC will hold a roundtable, to hear from the ratings firms about what they have done to improve things on their own, and also from people who think the entire issuer-pays model needs to be scrapped. "There have been some very thoughtful proposals out there...
Points of Interest. It doesn't do you much good to hoard all those Delta SkyMiles, when the only airline with a direct flight to your destination is American. So, check out Points.com's Global Points Exchange, where you can post an offer to trade your points and search for someone who has the frequent flyer points you need. The website will execute the exchange...
Unlike some of the metropolitan dailies that have closed, including the Seattle P-I, the Cincinnati Post did not leave behind a news website. Neither did the Rocky Mountain News, although some of its former news staff are attempting to launch one. It did leave behind a competitor, the Cincinnati Enquirer, but the Enquirer does not report as much news from north Kentucky towns as the Post...