Word: two-day
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Beneath the brass plating, the board's impact is harder to discern. Though its quarterly, two-day sessions take place in Rumsfeld's inner sanctum, the board's two full-time employees run the operation from another floor. Perle sets the agenda and briefers. The members take no votes, do not strive to reach a consensus and write no reports. Instead, they wrap up each session sharing what they have learned with Rumsfeld, who is free to ignore what he is told...
...Immediately following September 11, the Defense Policy Board convened a two-day seminar at which it was generally agreed that removing Saddam should be one of the objectives of the U.S. war on terrorism, even in the absence of any link between Iraq and al-Qaeda. The point was underscored, on September 20 in an open letter to President Bush by Perle and a number of prominent conservatives (many of them Defense Policy Board members). "Even if evidence does not link Iraq directly to the [September 11] attack, any strategy aiming at the eradication of terrorism and its sponsors must...
...will close their doors on Saturdays, thereby making their employees the country's most envied workers. Almost all other Koreans--as well as workers in other countries from Israel to Mexico--still work a six-day week. Korea's labor unions are negotiating with employer groups to give a two-day weekend to the rest of the work force--a measure supported by the government, which may introduce legislation to make a shorter workweek mandatory. South Korea's plan to adopt a five-day workweek is seen as another sign that it is becoming a global economic player that...
...factory in Mazda's hometown of Hiroshima, slashed the white-collar payroll by 20% and tied bonuses for directors and middle managers to year-end targets. To improve Mazda's balance sheet, he wrote off a $1.3 billion pension liability. And he had all salaried workers attend a two-day off-site, at which they were told that "Mazda must change or die." Says Katsumi Yoshitake, a 10-year veteran: "We knew we were in bad shape, but it seemed abstract." At the off-site, "a lot of it was bad news, but it made us feel truly part...
...dispose of repossessed corporate assets, at the securities commission and elsewhere. Stock market regulations were also changed requiring earnings reports to be filed every three months instead of twice a year, a major step forward in transparency. Directors of publicly traded companies are even being compelled to attend annual two-day courses at the stock exchange on their obligations under corporate governance regulations...