Word: suit
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Dates: during 1990-1999
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...term, Washington gave nearly $1 billion in grants, loans and forgiven debt. But in July the Senate voted to cut off $94 million in aid, pending the outcome of an ongoing investigation of Nicaraguan army and < intelligence ties to international terrorists. The House will soon decide whether to follow suit...
...result, says C.S. Whitaker, a Nigeria specialist at the University of Southern California, is a complete disconnection between honest effort and rewards. Nigerians see that a small number of well-connected, self- styled yuppies have enriched themselves enough from graft to own fleets of Mercedes color-coordinated with every suit in their wardrobe, while college graduates cannot find work. Many young Ibo men, traditionally among the best educated in the country, are abandoning college to pursue more lucrative professions like drug smuggling. "The result is a tremendous loss of talent that Nigeria cannot afford if it is to compete...
...bias suit takes aim at the peak of corporate power...
Regardless of how it is settled, Heckendorn's complaint could encourage similar challenges by high-ranking women who believe they have been wrongfully passed over. While women have brought record numbers of sexual harassment and bias suits in the past year, the pinnacles of corporate power have remained virtually all-male aeries untroubled by female challenges. "It's very unusual to have a suit at this level, although I've been approached by a number of highly placed executive women who have been harassed by a CEO or someone of equally high rank," says Ellen Bravo, executive director of 9to5...
Heckendorn claims to have been the handpicked successor of Richard Eamer, a co-founder of the firm who stepped aside in the shuffle, the top job went instead to Jeffrey Barbakow, a National Medical director and former executive of the securities firm Donaldson, Lufkin & Jenrette. According to Heckendorn's suit, influential board members rebelled at the thought of a female CEO and called the idea crazy. After taking over, Barbakow ousted Heckendorn from the board as part of a move to reduce the number of inside directors...