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Special Report on

Opening the golden parachute

opening the golden parachute special research report Photo by media.cnbc.com
A golden parachute is a binding agreement between a company and an employee (most often a CEO but in some cases all the employees) detailing considerable benefits for the employee if the employee is terminated or retires. When executives retire, parachutes are sometimes known as "golden handshakes." "Golden parachute" payments may also benefit employees should there be a change in ownership or control. The overwhelming flaw with this system is that they may secure an egregious level of compensation regardless of performance. This is absurd. Proponents of this inane policy believe that golden parachutes make it easier to hire and ...
in a stock-for-stock deal. At the time of the merger with Wachovia was completed, SouthTrust had $53 Billion in assets. SouthTrust was listed on the NASDAQ exchange under the ticker symbol SOTR. The Company was headquartered in the SouthTrust Tower, now know as the Wachovia Tower . SouthTrust had branches in Alabama , Florida , Georgia , Mississippi , North Carolina , South Carolina , Tennessee , Texas and Virginia . By the end of 2005, all former SouthTrust branches that remained open carried the Wachovia name.
REVIEWS AND OPINIONS
Financial "Reform" Cheat Sheet | zero hedge
It's silly to compare today's markets to those of the 1930s or even 1990s. Erratic moves have become the norm, not the exception. What's driving these moves and what is the paradox which threatens the integrity of capital markets and might ultimately threaten the global economy? The reform bill is a joke. It reforms nothing, it fixes nothing, and it will not prevent the next much bigger crash from happening (with or without Goldman's Supplemental Lack of Liquidity Provider assistance) - just two items that need to be pointed out: $6+ trillion in GSE debt -  untouched, $400 trillion in IR swaps: ... market research, surveys and trends
Matt Taibbi: Goldman-Sachs – The Great American Bubble Machine ...
The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who’s Who of Goldman Sachs graduates. By now, most of us know the major players. As George Bush’s last Treasury secretary, former Goldman CEO Henry Paulson was the architect of the ... market research, surveys and trends

SURVEY RESULTS FOR
OPENING THE GOLDEN PARACHUTE

In Supreme Court Ruling on Campaign Finance, the Public Dissents ...
Obama raised eyebrows at his State of the Union address last month by criticizing the high court’s ruling throwing out limits on corporate spending in political campaigns. Turns out he’s got company: Our latest ABC News/Washington Post poll finds that 80 percent of Americans likewise oppose the ruling, including 65 percent who “strongly” oppose it, an unusually high intensity of sentiment. Seventy-two percent, moreover, support the idea of a legislative workaround to try to reinstate the limits the court lifted. The bipartisan nature of these views is striking in these largely partisan times. The court’s ruling is opposed, ... industry trends, business articles and survey research
Jeffrey St. Clair: The Parable of the Golden Parachute
Here’s where the drug lords, the shrinks and the insurance companies collude in establishing hundreds of bogus psychic conditions requiring the psychotropic drugs from which they reap billions every year. There are about 250,000 migrant laborers in Israel, mostly from the Philippines and Thailand. Meanwhile tens of thousands of Palestinians can’t find work.  From Tel Aviv,  Yonatan Preminger reports on Israel’s vicious employment strategy.   Also in this latest newsletter Andrew Cockburn updates his CounterPunch world exclusive on how the U.S. has secretly helped build Pakistan’s ... industry trends, business articles and survey research
RELATED NEWS
BP In Deep Water: A Bird's-Eye View Of The Oil Spill
For the past four months, a grandiose ecological problem exists in the waters located in the Gulf of Mexico. On April 20, 2010, the catastrophic Deepwater Horizon oil spill took place in the Gulf of Mexico. British Petroleum (BP) has claimed responsibility for this environmental disaster, but has blamed Transocean Ltd. and Halliburton for their hand in building the rig and the well casing exploding and causing the oil to leak out into the Gulf at an unfathomable estimate of 100,000 barrels a day. BP has a long history of committing transgressions against nature sanctuaries and paying dubious fines for their disregard of policies ... market trends, news research and surveys resources
Parasailing: Amazing ride in the sky until ... oops
Buoyed on air currents, I'm flying a mile high, or maybe just 100 yards, above the ocean. It's hard to tell. Everything looks so small. It's hot up here under the Mexican sun. Icarus wouldn't have lasted five minutes. A rope attached to a speedboat pulls me through the air. I don't particularly like heights, but sitting in a sling under a parachute, legs dangling, while the world glides by feels OK. Actually, parasailing is instant fun. One minute you're standing on the beach posing for pictures and waving at your loved ones who look up from their books to admire your bravery. The next, you're ... market trends, news research and surveys resources

INFORMATION RESOURCES

CEOs and Market Woes: Is Poor Corporate Governance to Blame
fired, because there is a golden parachute that I will get,'" he suggests. ... only one candidate on the ballot for each board opening -- a candidate ... technology research, surveys study and trend statistics
Golden Parachute Audit Techniques Guide (02-2005)
This guide is current through the publication date.  Since changes may have occurred after the publication date that would affect the accuracy of this document, no guarantees are made concerning the technical accuracy after the publication date. The parachute examination can occur during the examination of either the corporation's or the individual's return. As the examination begins and throughout its course, the following items should be considered : The Code requires that the excise tax payable under § 4999 be administered as an income tax. See § 4999(c)(2). Accordingly, the three-year statute of limitations of § ... technology research, surveys study and trend statistics
Bill Rapaport's Buffalo Restaurant Guide: Alphabetical Listing of ...
says: "I actually went there twice in a week (12/20/08 and 12/27/08) and sat at the same table and had the same server. I was with a party of six each time on Saturdays. I had chicken souvlaki the first time and the Reuben the second; both were very good except that the dressing for the salad was just plan Italian dressing, which I did not care for. Everyone else enjoyed their meals, from a steak sandwich to BLTs. All food was very good and good portion size. It would have been better if our meals didn't come on top of our appetizers, which took forever, as did both a greeting from our server and drinks. ...
REAL TIME
OPENING THE GOLDEN PARACHUTE
QUESTIONS AND ANSWERS
When and where will the cleveland air show 2009 take place this year?
The Map Room will Host the Official Friday Night opening party for the 2009 Cleveland Airshow. The event will take place September 4th. Cleveland has been selected to host the U.S. Air ForceThunderbirds as headliners of the 2009 Cleveland National Air Show presented by Discount Drug Mart on Labor Day Weekend (September 5, 6 & 7) at Burke Lakefront Airport. The U.S. Department of Defense announced the complete 2009 Thunderbird schedule today at the annual International Council of Air Shows convention in Las Vegas. The six select Thunderbird pilots will put their distinct red, white and blue F-16 Falcon jet fighters through a ...
How to write a narrative poem? - Yahoo! Answers
A narrative poem generally needs a plan. A short poem can grow out of the lines as they arrive, the words on paper suggesting new words and themes, but that approach becomes wasteful when hundreds of lines have to be created quickly. How are the two aspects to be balanced — the poetry of individual lines, and the overall shape, plot and characterization of a successful story? One way is develop the two together, though in interlinked phases. The poem below deals with a 'chancer': a womanizer who, after losing his family in a fire, is brought to accept a deeper side of himself and create a New Age movement. The ...