Word: saying
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Goldman Sachs is doing its best to prove that what's good for its company is good for the rest of us. But image consultants and corporate-compensation experts say the Wall Street firm's recent moves won't quell the growing anger against the world's most profitable bank...
...voluntary giving by the firm's partners, which was started two years ago. The new program would expand the program to more of the firm's employees, and set a mandatory floor for charitable giving. While it's rare for a company to force its employees to donate, lawyers say it is perfectly legal. Bear Stearns, which was swallowed by JPMorgan Chase at the beginning of the financial crisis, used to have a similar plan...
...others say the charity plan is likely to fall short of its assumed goal: reversing a slide in Goldman's public image. That's because the amount the program is likely to generate in donations will be dwarfed by bank bonus payouts. In the next week or so, Goldman and other large financial firms will hand out an estimated $140 billion in 2009 bonuses. Goldman alone is expected to enrich its employees by $18 billion. The large bonuses have drawn scrutiny because they are being paid at a time when the unemployment rate is 10% and many Americans are suffering...
...could I not have known this was going on in my body?" the real women inevitably say in their on-air interviews, which are intercut with dramatizations featuring marginally more attractive actresses...
...diplomatic rumor mill in East Asia can be believed, Kim Jong Il - clearly back in charge, sources in Seoul say, after his stroke in September 2008 - is said to be readying for a visit to Beijing to meet with President Hu Jintao. (Foreign Ministry spokesperson Jiang Yu, showing if nothing else that the Chinese have mastered the art of the nondenial denial, said that she had "not heard of such news.") (See pictures of of Kim Jong...