Word: railroaded
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...latest wrinkle in CEO pay is boosting pension benefits by giving credit for unserved years and using total comp--not just salary--to figure final pay. John Snow, the new Treasury Secretary, got such a deal when he retired as CEO of railroad CSX. You probably won't. But you might negotiate a higher annual benefit--say, 70% of final pay instead of 50%, says Richard Bayer, chief operating officer at the Five O'Clock Club, an outplacement firm...
...itself to be, the forces of nature have a way of asserting themselves, bringing with them both awe and terror. Fires and floods, tornadoes and droughts--all provide startling images that remind us of the power of the natural world. By comparison, our own efforts can seem puny: a railroad buckles, houses cower before an oncoming storm, fishermen desperately try to combat a flood in torrent. In the night sky, a light show beyond the wildest dreams of human engineers makes us primeval once more, gazing to the heavens with the same kind of wonder that the earliest...
...rest is grunt work. According to Maurer, it will take between 15 and 18 months to painstakingly rub away years of dust, air pollutants and smoke from the nearby Back Bay railroad, inch by inch, which cotton swabs and cleaning solutions...
...John Snow, Bush's nominee for Treasury Secretary and chair of railroad freight company CSX, is expected to toe the line on tax cuts. That's not to say he doesn't make some supply-siders nervous; fiscal conservatives reportedly fear he may not believe fiercely enough in the tax-cut gospel Bush will ask him to spread. Further complicating matters, Snow, who is known for his distaste for deficits will have to make the case that a national debt isn't so bad after all. Still, the White House is reportedly delighted with Snow...
DIED. HARRIET DOERR, 92, Lyrical, Award-Winning Author Who downplayed her social status as heiress to a railroad fortune and won a devoted critical and commercial following with three books, all published after she turned 73; in Pasadena, Calif. Known for her sharply beautiful, economical prose--she could labor over a sentence for an hour--Doerr based much of her writing on time spent with her family in Mexico, where her husband ran a mining business. She returned to college at 65 on a dare from her son, studied creative writing and went on to publish the 1984 novel Stones...