Word: provisioners
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Fearing regulation, financial firms are eager to prove they can police their own pay policies. At a recent Washington hearing into the causes of the financial crisis, executives from four top banks all cited recently instituted clawback provisions as evidence the firms had reformed the pay practices that many believe...
In order to get around the repayment problem, a number of firms say their clawbacks will only apply to deferred compensation and not immediate cash payments. At Morgan Stanley, for instance, the firm's clawback provision only applies to the portion of their employees' compensation that is paid in deferred...
It may often appear easier to pave a road than to work with often fractious local officials to figure out the provision of services for their communities. And militarily speaking, it is a lot easier to tackle the guy who is planting IEDs than the one who is spreading false...
After we left the hospice, Lombard drove eight blocks east of the stadium to the notorious Maitland Hotel. Police had identified the Maitland as a base of drug- and human-trafficking operations. HIV-positive survivors described how traffickers used gang rape, drug provision, sleep deprivation and torture to "break" new...
Opponents argue that the people who are covered by those policies are, in many instances, far from wealthy. The Congressional Budget Office estimates that about 1 in 5 workers would be affected by the tax in 2016. And among unionized workers, particularly in states where health costs are higher than...