Word: unites
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...early October, Citigroup sold its commodities-trading division Phibro to energy company Occidental Petroleum. Citi was motivated to dispose of the unit because of pressure from regulators to curtail the pay of Phibro's top trader Andrew Hall, who made $100 million last year, and reportedly has a contract that would award him roughly the same amount in 2009. Oxy declined to comment on Hall's compensation. But the energy giant says Hall will remain with the unit at Oxy. Hall had threatened to leave Citi if his pay was cut, which means Oxy is probably honoring his contract. Says...
...Talent says it's normal for traders to get paid as a percentage of their division's profits. Most contracts guaranteed traders around 9% to 11% of their group's profits, before compensation. What's unusual about Hall is that he reportedly receives as much as 20% of his unit's profits, which sets him up for much bigger paydays than the rest of the Street...
...series of terrorist attacks in 2003, the government shut down extremist websites and arrested or muzzled those calling for jihad. The authorities have also ordered reforms in the religious police, the General Presidency for the Promotion of Virtue and the Prevention of Vice, which enforces conservative dress codes. The unit, which is widely feared, has gone so far as hire outside media consultants to make itself more public-friendly. And a government campaign on TV and billboards encourages men to be nicer to women with the slogan: "Satisfy Your Wife Emotionally and Protect Your Marriage." Officers at the General Presidency...
...We’re thinking in terms of our greater power as a community rather than as individual schools or units,” Heenan said. “[This commitment] is something that might be much harder for one school or unit to do for the entire academic year, but together, it is a commitment we can sustain for the entire year...
...lost momentum in the second and third games,” sophomore Anne Carroll Ingersoll said. “We weren’t talking to each other as much. We weren’t as much of a unit as we were, especially in the first game, when we were just on and together. I think we were able to learn from the games we lost...