Word: systemic
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...went without a bonus last year after stepping down eight years into the job, admitted he has lost $7.4 million as RBS shares have plummeted. Amid reports that the bank plans to pay its existing staff bonuses for 2008, all four former execs agreed that changes to the bonus system should be looked at. Hornby reckoned that bonuses "do not reward the right kind of behavior" and suggested they be tied more closely to long-term performance. The 42-year-old, who also went without a bonus in 2008, confessed to losing "considerably more money than I have been paid...
None of this means Geithner will be a success as Treasury Secretary. He's still got to actually succeed at nursing the financial system back to health. "Hank [Paulson] was in emergency-room care," says Paul McCulley, a managing director and head of the short-term-bond desk at money-management giant Pimco, "whereas Tim is still in emergency-room care but also preparing a room for further care after the emergency." He at least shows signs of having a good bedside manner...
...game. “Last year it came easy, this year we have to work a little bit harder, but tonight was just a great example of how we try to improve things,” tri-captain Jenny Brine said. “Coach gave us a new system coming out in the third period, and it worked. And that’s how it’s going to have to be the rest of the year, just adapting to what teams play against us.” The Crimson was finally able to escape Yale?...
Automated Help. American Airlines installed a new service called Remember Me on its automated-phone system, designed to cut the time you spend on the phone getting flight information. AAdvantage members can enroll in the program and register three phone numbers; when you dial in, the system will automatically pull up your reservation information. If you call on the day of travel, the system will immediately relay your gate and departure info. Check the website for details...
...Service (or, ACES) takes just under three hours and runs Friday through Sunday from Penn Station in Midtown Manhattan. With leather seats and kiosks selling food and drinks, it promises to be more comfortable than the bus. There's also a lounge car, complete with a stereo and DVD system, at back of the train, which can be rented for a group. Introductory ticket prices are $50 one-way for coach; $75 for first class...