Word: senior
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Just four days after calling Wall Street bonuses “shameful,” the president had an even stronger message for financial executives: Going forward, no senior executives of a corporation receiving federal bailout money will be permitted to earn more than $500,000 a year. While taking note of the move’s limited potential impact and the political motives that likely underlie it, we embrace the president’s decision and hope it will foster both discussion and behavioral changes...
...never stopped driving the roads, walking patrols, and going on missions with our troopers." (Mellinger's 33-month Iraq tour was punctuated by 27 roadside bombings, including two that destroyed his vehicle, although he managed to escape injury.) Mellinger now serves as the Command Sergeant Major, the senior enlisted man in the Virginia headquarters of the Army Materiel Command, trying to shrink what he calls the "flash-to-bang time" between recognizing what soldiers need and getting it to them...
...senior Hamas official alleged to TIME that Dahlan appeared in El Arish, an Egyptian coastal town near Gaza, shortly before the Israel attack, and had sent in Fatah loyalists to "cooperate with the Israelis" in hunting down Hamas commanders. Hamas officials say their allegation is based on interrogation of suspected collaborators accused of helping to pinpoint Hamas' hideouts and weapons caches for Israeli targeting. The objective, say Hamas officials, was to help Israel decimate the Islamists in the hope of reestablishing Fatah control in Gaza. Aides to Dahlan deny the allegations...
...Some of the definitions provided throughout the report, in sidebars and in a glossary to make is easier for laypeople to read: "Clawback: Recovery by the company of bonuses or incentive compensation paid to a senior executive ... Golden Parachute: Compensation to (or for the benefit of) a Senior Executive Officer made upon severance from employment that exceeds specified thresholds. Under EESA [The Emergency Economic Stabilization Act], such compensation is limited to three times the executive's annual base salary ... Haircut: Difference in the value of the collateral and the value of the loan (the loan value is less than...
...note, is a sign that France's counter-terrorism and civil justice system works. "It's gratifying to see the French legal system can both enhance security and render justice to victims by prosecuting terror cases above the board, and by the book," says Marc Trévidic, a senior investigating magistrate in France's specialized anti-terrorism division. "It's especially true in a complicated case like this...