Word: payout
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Dates: during 2000-2009
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...shameful," he said. Ten months later, even as he moved to curb bailed-out execs' pay, banks are on track to pay employees a record $140 billion this year. Andrew Hall, a star trader at Citi's commodities unit Phibro, made headlines for what could be a $100 million payout. "Frustrating," said White House chief of staff Rahm Emanuel with a sigh, appearing on CBS's Face the Nation...
...difference in available income from the endowment is about $50 million, Shore said. With an endowment payout rate over 6 percent, this indicates that the new legislation loosens restrictions on about $800 million of Harvard’s $26 billion endowment...
...unclear whether Libya will cooperate with any further inquiries. In 2003, the country formally accepted responsibility for the Lockerbie bombing, paying $2.7 billion in compensation to the relatives of those who died. Since then, however, Libyan officials have denied culpability and suggested that the payout was made as part of its recent efforts to normalize relations with the West. The Daily Telegraph reported Monday that British detectives had made at least three trips to Libya to interview witnesses and potential suspects but that they had recently been blocked from returning to conclude their investigation. Also Monday, in an interview with...
Endowment payout will fund almost half of Princeton’s $1.3 billion operating budget this year...
...because there is no endowed chair at present in this field, Harvard has been unable to use the payout from this endowment for a number of years. Endowing a full professorship at the University requires about $4 million...