Word: senior
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...board only has to answer one question. With its shares at a multi-year low and trading almost 70% below where they were twelve months ago, why is the company still a conglomerate? The only answer to that is that the board and senior management have decided to keep it that way. It has become harder and harder to defend having entertainment, medical products, and jet aircraft manufacturing under the same roof with several risky financial services units. While the company's CEO has defended that point of view, it is hard to imagine why the board has supported...
...tiered program, with extra restrictions applied to basket cases like AIG, Citigroup and Bank of America, all of which tapped the federal till for hundreds of billions of dollars to recapitalize their broken balance sheets. In addition to the cash limit, the "maximum wage" plan allows companies to reward "senior management" - a complement of no fixed definition - with restricted stock, but it can only be cashed in after the government is paid back. There are also prohibitions against golden parachutes as well as a clawback provision - the company may reclaim that stock if its results subsequently tank - that can extend...
...mission about this," she declares. Her goal: to help women get back into the world of dating and romance after a long absence. Her new boldly titled book is Getting Naked Again: Dating, Romance, Sex, and Love When You've been Divorced, Widowed, Dumped, or Distracted. TIME senior reporter Andrea Sachs spoke to Sills, a frequent TV guest and writer of the Workplace column for Psychology Today, about "turning single," Internet dating and why there are good men out there...
...Several senior Israeli officers provided TIME with a detailed account of the military campaign. "There was never a single incident in which a unit of Hamas confronted our soldiers," one Israel Defense Forces (IDF) official says. "We kept waiting for them to use sophisticated antitank and antiaircraft missiles against us, but they never did." The Israeli military reported only four attempts by suicide bombers instead of the dozens they had anticipated from Hamas' special kamikaze unit...
...conflict, Hamas was still firing rockets, but far fewer, and its rocketeers became easy targets. Less than a minute after Hamas fired a rocket, the Israelis were able pinpoint and destroy the launch site. As one senior Israeli officer says, "Everyone is digesting the lessons of the Gaza war - us and them." And neither side expects last month's showdown in Gaza to be the last...