Word: worldly
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...real world (outside New York City), a bonus is generally a payment for extraordinarily good performance. But on Wall Street, what's called a bonus is generally part of base pay. That's especially true for worker bees, who far outnumber CEOs. (The word bonus is a remnant from the days when Wall Street was made up of partnerships. Now that Wall Street's largely owned by public shareholders, it should have long since dropped bonus for contingent compensation or something similar. But hey, the Street, as I said, is tone-deaf.)(See the top 10 financial-crisis buzzwords...
...four months later, the trial of el-Sherbini's alleged killer is being closely watched by Muslims across the world - not to mention Germany's 4 million-strong Muslim community - amid fears that anything but a severe punishment for the defendant, an unemployed Russian émigré identified only as Alex W., could spark more unrest. In Egypt, where el-Sherbini has been dubbed by the media as the "headscarf martyr," people are expecting "justice to be administered in a swift way," Ramzy Ezzeldin Ramzy, Egypt's ambassador to Germany, told al-Jazeera. (See pictures of Islam's soft revolution...
...said their son was meant to be in kindergarten on the day of the attack but was ill. "Marwa wanted to take him to the doctor after the hearing. The little boy misses her, and he's suffering a lot," Okaz testified. (See TIME's pictures of the Muslim world...
...Surprisingly, the killing was scarcely reported in Germany, which caused massive embarrassment for Chancellor Angela Merkel's government when the story made headlines across the Muslim world. Following the demonstrations in Egypt, Merkel expressed her condolences to Egyptian President Hosni Mubarak on the sidelines of the G-8 summit in Italy in July. Given the outcry over the earlier lack of publicity, Alex W.'s trial is now receiving extensive coverage in the country. German political leaders are also nervously watching the proceedings. "Politicians regarded the murder of Marwa el-Sherbini as a foreign policy issue, but it was really...
...some fear a possible repeat of the riots that swept the Muslim world following the publication of cartoons lampooning the Prophet Muhammad several years ago in Denmark. After death threats against Alex W. were reportedly posted on the Internet, Dresden authorities imposed extra security measures for the duration of the trial. Roads around the courthouse have been closed off, and 200 police officers will stand guard until a verdict is reached, which is expected to be on Nov. 11. With tensions running high, German authorities aren't taking any chances this time...