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Word: worthlessness (lookup in dictionary) (lookup stats)
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...that can be cashed only after the stock has risen a specified amount. That way a CEO doesn't make a killing unless the stock really zooms. An even better answer is to devise stock options that are indexed to the market or some peer group. They would remain worthless unless the stock outperforms its competitors. Some have suggested the CEOs be required to buy stock above the market price, but that incentive could hurt workers, since a time-honored method of making the stock price jump is to slash jobs. But something has to give, and the CEOs know...

Author: /time Magazine | Title: HOW CEO PAY GOT AWAY | 4/28/1997 | See Source »

After reading about the ancient computers and costly inefficiency of the IRS, I had to check the date of your story to make sure I wasn't reading your earlier article about the FAA. I am not sure which makes me angrier: the waste of my tax dollars on worthless fixes or a system that allows cheats to get away with tax scams. We must urge Congress to allot the IRS enough money to achieve the efficiency that is our right. The public will pay one way or another, and I prefer to get a system that will take...

Author: /time Magazine | Title: Letters: Apr. 28, 1997 | 4/28/1997 | See Source »

...what he did for Morris: scour the country for promising ideas to turn into federal initiatives. Morris' clout is nothing like what it used to be, but he is said by a knowledgeable source to be talking to the President monthly. Clinton has recently dismissed some Morrisiana as worthless--but he often did that during Dick's heyday. Nevertheless, by constantly giving advice to Clinton on TV, as well as hinting that he occasionally has the President's ear, Morris is helping to rehabilitate himself. "He's got something to say," notes one White House aide...

Author: /time Magazine | Title: HEEEE'S BACK (WELL, SORT OF) | 4/14/1997 | See Source »

That isn't to say that Bruce Ennis, lead counsel for a coalition of 20 plaintiffs that included the American Civil Liberties Union and the American Library Association, didn't suffer his share of interruptions. The Justices were particularly unimpressed by his argument that the law was worthless because it could not stop naughty bits from flowing to the U.S. from overseas. But at least Ennis managed to do something Waxman never did: forcibly state his case. "For 40 years," he said, "this court has repeatedly and unanimously ruled that government cannot constitutionally reduce the adult population to reading...

Author: /time Magazine | Title: @THE SUPREME COURT | 3/31/1997 | See Source »

...resident posted a hand-written note on the empty vending machine that read in part: "You are the worst kind of slimy, spoiled, worthless trash. I'm hungry...

Author: By John F. Coyle, | Title: Crimson Cash Has Technical Difficulties | 3/19/1997 | See Source »

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