Word: ceos
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...last year, and the way earnings are headed I can't see any bonus on the horizon this year either. But I don't really feel sorry for any Japanese chief executive. He enjoys a very good life-style. I'll be happy to exchange pay with any Japanese CEO...
...crunch of demolition crews -- in the past several years, the city has razed more than 1,200 abandoned homes, nearly 5% of its housing stock. On the worst blocks, two-thirds of the buildings have collapsed or burned. "I think of Camden basically as a doughnut," says Joe Balzano, CEO of the South Jersey Port Corp. "Everything worthwhile is on the edges, and the center is hollow...
...long-running farce starring would-be film mogul Giancarlo Parretti. Last week a Delaware judge confirmed Parretti's removal from the board of MGM-Pathe studios. A onetime waiter who bought the studio in 1990 for $1.3 billion, Parretti accumulated huge debts during his half-year tenure as CEO, forcing the company into involuntary bankruptcy. The studio's chief lender, the French bank Credit Lyonnais, pumped in $145 million to restore solvency but demanded his ouster. The Delaware judge agreed, condemning Parretti's mismanagement of the firm. The downward slide continued on Dec. 27, when Parretti was arrested and jailed...
...domestic operations (the factory). It's not as crazy as it sounds. (Well, of course, it is as crazy as it sounds, but never mind that.) In the first place, the job is obviously too big for any one human being, and in the second place, our current CEO doesn't really have much interest in the local stuff anyway, other than cutting the capital-gains tax and dropping the luxury tax on yachts -- so why would he mind...
...guaranteed, but, within five minutes, he manages to lose it. Blunsten returns home where success surrounds him: his wife, Marcie, is a slick newscaster. His daughter, Peppermint, gets promoted every week in her job at Taco Parade: first to Golden Sombrero, then to Aztec Sun God and finally, to CEO. Even his pet, Yipper, wins fame and glory as a rescue dog in the Himalayas...