Word: wrists
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...ranked 474th). Its $197 billion in assets can easily absorb Iguchi's losses. Even after writing them off, Daiwa expects to report a $70 million profit for the six months that ended on Sept. 30. Yet Daiwa's 30 or so top officers, in a form of self-imposed wrist slaps, will take pay cuts of up to 30% for six months and will forgo their annual bonuses. The bank itself sold $336 million worth of real estate in Tokyo, Osaka, Hiroshima and other cities last week to help offset the losses. The situation at Daiwa could hinder Japan...
...allowed to resign and keep his $88,922 pension, rather than be expelled from the Senate, is insane. In most business environments, the offender would be fired without pension or severance, and possibly face criminal charges. For Packwood, his so-called punishment is merely a slap on the wrist; for the women he harassed, and other victims of sexual harassment, it is a slap in the face. DOROTHY BELLONI West Springfield, New Hampshire Via E-mail...
Sophomore backs Eileen Horwath and Beck Stringer traveled with the team but sat out the contest. Horwath still has back problems, which have haunted her for the entire season, while Stringer recently contracted mononucleosis, just after recovering from a broken wrist...
...putting in the long, tedious hours, after experiencing the gut-wrenching fear of another dangerous arrest, and after completing mountains of paperwork, it is disheartening to go into the courtroom and see the now clean-shaven defendant, wearing a suit and tie, walk out with a slap on the wrist. In U.S. society now everyone is a victim, and no one is responsible. Police work, just like every other profession, has its share of questionable people. Where money, power and greed are prevalent, cops, attorneys, bankers, politicians and others will be tempted by the easy way out. When these people...
What had been a slap on the wrist became something a little more forceful as the Air Force re-examined the accidental downing of two U.S. Army helicopters over northern Iraq. An earlier Air Force criminal inquiry brought charges against only one officer, and he was acquitted on all counts. A new report by General Ronald Fogleman, the Air Force Chief of Staff, cites two generals for poor judgment and failure to uphold Air Force standards; five airmen were barred from airborne assignments for at least three years. Twenty-six people died in the 1994 "friendly fire" tragedy, including...