Word: understood
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...director H. Carl McCall, who remains a Grasso supporter, says he and others were unaware of how the numbers added up. He faults the Big Board's human-resources staff for not clarifying the amounts Grasso was accumulating through complicated bonus and pension formulas. "Not everyone on the board understood, in aggregate, the total package," he says. To which Nell Minow, editor of the Corporate Library, a watchdog group, says, "Who's running the store? This crisis has made it inevitable that very soon serious change will have to come about on the board...
...really energetic and into his class,” Richardson said after spending an hour watching the chair of the Mathematics department enthusiastically explain arithmetic, geometric and Fibonacci series. “I think he did a really good job of not going too fast and making sure people understood...
After the May 12 attacks, the House of Saud understood that it was under direct assault by an organization committed to its overthrow. Though bin Laden, a Saudi, long ago condemned the royal family for allowing U.S. troops on Saudi soil starting in 1990, his group had refrained from violence within the kingdom. Its reasons were clear to U.S. intelligence. Says a former Bush Administration official: "There were al-Qaeda agents in the kingdom that urged al-Qaeda not to strike in Saudi Arabia because they [the Saudis] might cut off the spigot" of funds flowing to the group...
...SAUD: Now, Saudi Arabia is against all terrorists. Whatever justification [for terrorism] Saudis understood before, now they see they are at war with these terrorists. It is not true that the extremists are gaining the upper hand. We are fighting terrorists, pursuing them everywhere, closing the net on them. The government has arrested many of the ulema. The war, as the Crown Prince said, is a war against those who wage it, who encourage it, who support it, and even those who tacitly accept it. If there are in the pulpits of the mosques those who urge violence, they...
...basic principle and credo on which a great research university stands is the idea that the world can be better and better understood, and as a consequence of that better understanding it can become a better place,” he said...