Word: ranking
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...planet? The company president walks around in a polo shirt with a pocket logo right out of Star Trek, allows workers to call him "Skip" and describes his position as "team member." He and the union boss (who goes by "Dick") have a strange, collegial relationship. As for the rank and file, they don't punch a time clock and they get to handpick the people they work alongside. During off-hours they run around an outdoor obstacle course and engage in group hugging sessions. If they develop a bad attitude, they are paid to spend a day thinking about...
...week, however, when parent company president Robert Jelenic demanded yet another round of dismissals, Geyer warned that further cuts might damage the paper's news content and circulation. Employees were then treated to the unusual spectacle of a chief executive being sacked for fighting to retain jobs for the rank and file. Jelenic imposed the cuts himself, reducing the news staff from a onetime high...
...bankers were starting at the sight of their own shadows. So deposit insurance could be done painlessly for decades because bankers were too terrified to do anything resembling making a bad loan. It was not until a generational shift occurred in the '70s that bankers prepared to entertain really rank loans. The government had this free ride for a long time. There were hardly any failures because bankers were not lending in such a way as to fail. And now, paradoxically, when the talk is of cutting back on deposit insurance, the banking system is a mirror image...
Later is now. And as the budget debacle in Washington demonstrated, Darman still has found no way to repair the fiscal fiasco that he, as much as anyone else, helped create. Last week, after more than five months of closed-door negotiations, he watched as timorous rank-and-file House members defeated a painfully crafted deficit-cutting deal worth $500 billion over five years. For once, Darman's goals had been economically laudatory, even politically reasonable. He had wanted to solve the deficit problem by shifting the government onto a healthier diet of lower borrowing. He had envisioned...
...whim of Communist bureaucrats, who confiscated tens of thousands of churches and mosques. Charitable and pastoral work beyond church walls was forbidden, while atheists had power to meddle in church affairs and propagandize against belief in God in schools and the media. Seminary training was severely restricted, and rank-and-file clergy were even cut off from formal food privileges. No faith could conduct religious education of children...