Word: trusting
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...years, Starr had used that stock to dole out retention bonuses to AIG executives. When AIG booted Greenberg, he seized control of Starr and its AIG shares. Greenberg says Starr is a separate company that was set up to use its shares to benefit a charitable trust, and insists it can do what it wants with the shares. AIG says Starr was given those shares with the understanding that they would eventually be returned to AIG and its employees...
...rendered moot by the financial woes of the wealthier countries, especially the current holder of the G-8's rotating leadership position, Italy. Geldof on Thursday tore into Prime Minister Silvio Berlusconi's government, which he called a "crowd of shysters" at a press conference. "How can you possibly trust any government that promises something, does nothing, and expect them to lead the world?" he fumed to reporters. "How dare they...
...Trust can slowly be developed once again. We can contribute to this by moderating our tone ... A policy of detente will be a central issue for me." -On defusing tensions with the U.S. (Der Spiegel, April...
...Meanwhile, UAW president Ron Gettelfinger, who is concerned about the cash drain on the union's health-care trust, or VEBA, is eager to sell the shares as soon as possible. He may have to wait, however. The timing of the sale would be up to outside advisers, and there would be at least three - one for the U.S., one for Canada and one for the UAW - who would all have to reach consensus on a strategy for maximizing value. That most likely means a gradual release of the shares once an IPO of the new GM has occurred. After...
...Spanish-American War, and continued to change hands throughout the 20th century. Japan was awarded control in the post-World War I Treaty of Versailles, and set about confiscating and redistributing tribal land, replacing the matrilineal system with a patrilineal one. After World War II, Palau became a U.S. trust territory; it gained independence in 1994, but still relies on the U.S. for government aid and defense. Palauans are among a select group of nations permitted to serve in the U.S. military without permanent U.S. residency. (See pictures from inside Guantanamo Bay's detention facilities...