tag:blogger.com,1999:blog-40774750238976041162024-03-04T22:19:14.325-08:00Pink Slips and Parting GiftsA workplace novel by Deb Hosey WhiteD. Whitehttp://www.blogger.com/profile/14573066154344158733noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-4077475023897604116.post-67268636608297125462013-01-08T20:09:00.000-08:002013-01-08T20:09:11.142-08:00CEO pay exceeds corporate taxesAccording to the I<a href="http://www.ips-dc.org/reports/executive_excess_2012/">nstitute for Policy Studies</a>, 25 of the most-well-paid chief executives got higher compensation than their companies paid in federal taxes. Is this a surprise? <a href="http://blogs.reuters.com/great-debate/2013/01/08/shared-sacrifice-except-for-ceos/" target="_blank">Read the complete article.</a><br />
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<br />D. Whitehttp://www.blogger.com/profile/14573066154344158733noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-72868632349074446722011-07-19T12:09:00.000-07:002011-07-19T12:13:59.064-07:00Risk paysNew York Times reports that Goldman Sachs’ chief CEO Lloyd C. Blankfein—and other Goldman executives—will collect $111.3 million in stock, delayed compensation from 2009 and 2007. The CEO gets a $24 million piece of this pie.<div><br /></div><div>Meanwhile Goldman Sachs second-quarter profit of $1.85 a share fell short of analysts’ expectations of $2.27 a share, according to Reuters reports.</div><div><br /></div><div><br /></div>Deb Whitehttp://www.blogger.com/profile/03902116569684832787noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-91094942490747126212011-06-30T17:02:00.000-07:002011-06-30T17:05:25.615-07:00Featured on Amazon's Breakthrough Novel Awards website<i>Pink Slips and Parting Gifts</i> has been featured on the <a href="http://www.amazon.com/gp/feature.html/ref=kin_post_os_06242011_ABNA?docId=1000675201">Amazon.com's Breakthrough Novel Award website.</a> Scan Literary Fiction for the book along with some good literary company.Deb Whitehttp://www.blogger.com/profile/03902116569684832787noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-9205832002747336262011-05-06T10:58:00.000-07:002011-05-06T11:10:06.304-07:00CEO defined: Compensation Exceeding OthersFrom the Associated Press <div>May 6 <div><br /></div><div><span class="entry-content"><i>The typical pay package for the head of a company in the Standard & Poor's 500 was $9 million in 2010....That was 24 percent higher than a year earlier, reversing two years of declines.</i></span></div></div><div><span class="entry-content"><br /></span></div><div>The recession apparently has little impact at the top of big business</div>Deb Whitehttp://www.blogger.com/profile/03902116569684832787noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-11326463334721273172011-03-09T10:22:00.000-08:002011-03-09T10:27:01.564-08:00Wall Street gets rich, but Main Street doesn't follow<div>Former Labor Secretary Robert Reich examines the soaring stock market and why this wealth surge hasn't helped middle America. Mr. Reich writes in his <a href="http://robertreich.org/">blog</a>:</div><div><i><br /></i></div><div><i></i></div><blockquote><div><i>In theory, at least, the extraordinary bull market should be making Americans feel far wealthier than they felt two years ago. So they should be spending far more, and that spending should be fueling far more job growth than it is.</i></div><div> <p><i>Why hasn't it happened? In reality, the vast majority of Americans don't feel wealthier because they hold few if any shares of stock. In fact most feel poorer because their major asset is their homes -- now worth 20 to 40 percent less than they were worth in 2007 (and there's no sign of a rebound in housing).</i></p> <p><i>The Street's bull market over the last two years has seriously enriched only the wealthiest 5 percent of Americans who hold the lion's share of stock.</i></p></div></blockquote><div><p><i></i></p></div>Deb Whitehttp://www.blogger.com/profile/03902116569684832787noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-59136650260576945102011-01-28T20:40:00.000-08:002011-01-28T20:41:30.845-08:00In the news....NEW YORK, Jan 28 (Reuters) - Goldman Sachs Group (GS.N) tripled Chief Executive Lloyd Blankfein's base salary and awarded him $12.6 million of stock, even after the bank's net income plunged last year.Deb Whitehttp://www.blogger.com/profile/03902116569684832787noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-26144071792799789832011-01-11T18:57:00.000-08:002011-01-12T09:45:46.417-08:00Fun facts: debt-to-capital ratio<div><i>What is a corporate debt-to-capital ratio and why shouldn't I fall asleep when reading about it?</i></div><div><i><br /></i></div><div>In the simplest terms a <i>debt-to-capital ratio</i> is a company's total debt divided by its total capital. The higher the ratio, the more leveraged the company is and the more it relies on debt financing. According to the financial website <span class="blsp-spelling-error" id="SPELLING_ERROR_0">Investopedia</span>.com "A company with high debt-to-capital ratios, compared to a general or industry average, may show weak financial strength because the cost of these debts may weigh on the company and increase its default risk."</div><div><br /></div><div><i><b><span class="blsp-spelling-error" id="SPELLING_ERROR_1">Zzzzzzzzzzzzzzzzz</span></b></i></div><div><br /></div><div>No wait! This is important. <i>Pink Slips and Parting Gifts</i> is a story about a company with a moderate debt-to-capital ratio which was gobbled up by by a competitor. The competitor borrowed heavily to make the acquisition. Then its debt-to-equity ratio shot sky-high. Add a collapsing real-estate market, plus a recession, and what do you get? A more familiar financial term: bankruptcy. </div><div><br /></div><div>Good news for staying awake while reading—<i>Pink Slips and Parting Gifts</i> is less about financial "<span class="blsp-spelling-error" id="SPELLING_ERROR_2">arcania</span>" and more about the human fallout of corporate financial failures. </div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div>D. Whitehttp://www.blogger.com/profile/14573066154344158733noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-25963965608592315362010-11-13T11:48:00.000-08:002010-11-13T12:53:19.616-08:00The ghost of Howard HughesAs part of its rebirth from bankruptcy, Chicago's General Growth Properties split itself itself into two companies. General Growth Properties (<span class="blsp-spelling-error" id="SPELLING_ERROR_0">GGP</span>) will continue as the nation's second largest shopping mall operator, but the company spun-off its portfolio of planned residential communities, many of which <span class="blsp-spelling-error" id="SPELLING_ERROR_1">GGP</span> acquired when it bought Columbia, Maryland's The Rouse Company<span class="blsp-spelling-error" id="SPELLING_ERROR_2"></span> in 2004.<br /><br />Many observers credit the purchase of Rouse as part of the reason for General Growth's bankruptcy because of the huge amount of debt that <span class="blsp-spelling-error" id="SPELLING_ERROR_3">GGP</span> took on in the transaction.<br /><br />The name of the GGP spin-off was ever so familiar to those who followed the Rouse-General Growth saga. The new company operates as Howard Hughes Corporation. Hughes was itself purchased by Rouse in 1996 as Rouse expanded its presence in the then-hot <span class="blsp-spelling-error" id="SPELLING_ERROR_4">Las</span> Vegas market.<br /><br />And what does this have to do with our book? The personal effects of millionaire aviator Howard Hughes play a background role in <span style="font-style: italic;">Pink Slips and Parting Gifts</span>.D. Whitehttp://www.blogger.com/profile/14573066154344158733noreply@blogger.com1tag:blogger.com,1999:blog-4077475023897604116.post-89494364155134182172010-11-08T09:59:00.000-08:002010-11-08T10:01:59.219-08:00Kindle Nation featurePink Slips and Parting Gifts is the featured book in today's <a href="http://bit.ly/bRrBU3">Kindle Nation</a> newsletter and blog. Kindle fans, take a look. Kindle Nation is a great way to learn about eBooks available for the Kindle and other devices.Deb Whitehttp://www.blogger.com/profile/03902116569684832787noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-23512636178385710222010-10-14T17:54:00.000-07:002010-10-14T17:57:25.060-07:00Look...we're on Barnes & Noble Nook<i>Pink Slips and Parting Gifts</i> is now available for the Barnes and Noble Nook ebook reader.<div><br /></div><div style="text-align: center;"><a href="http://search.barnesandnoble.com/books/product.aspx?ean=9780982917909">Click here for more info.</a></div>Deb Whitehttp://www.blogger.com/profile/03902116569684832787noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-33201165986254355982010-10-03T16:46:00.000-07:002010-11-02T10:31:39.109-07:00Featured book of the month on AllBooks Review<div><br /></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQ-Q-P6KcbZHfUV7FSMV95XLabC3sC0iBMLTlgoEKZELQR3HQUmgkEhRehxgx4nMCq3BXkDuYmyIK8gXWudr-2Q4UkpcgUjSpws28KH78H0VtWZU7KU8UgFk99LV8MwG-wjHubXf6-p0I/s1600/allbookreviewsFeature.GIF"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 50px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQ-Q-P6KcbZHfUV7FSMV95XLabC3sC0iBMLTlgoEKZELQR3HQUmgkEhRehxgx4nMCq3BXkDuYmyIK8gXWudr-2Q4UkpcgUjSpws28KH78H0VtWZU7KU8UgFk99LV8MwG-wjHubXf6-p0I/s320/allbookreviewsFeature.GIF" border="0" alt="" id="BLOGGER_PHOTO_ID_5523971260206795458" /></a><span class="Apple-style-span" style="font-size:large;"><div style="text-align: center;">We are pleased to announce that <i>Pink Slips and Parting Gifts</i> is the feature book of the month on <a href="http://allbookreviews.com/Default.aspx?tabid=563">AllBooks Review</a></div></span>D. Whitehttp://www.blogger.com/profile/14573066154344158733noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-26577868698312119352010-09-13T07:09:00.000-07:002010-09-13T07:15:10.717-07:00Wall Street reduxThe movie <span style="font-style: italic;">Wall Street</span>, staring Michael Douglas, first hit the silver screen in 1987. It told a fictionalized story that recently proved to be less fiction, more reality. Now <span style="font-style: italic;">Wall Street—Money Never Sleeps</span> has opened and the film is focused on the 2008 financial crisis.<br /><br />Workplace fiction—which is the genre that <span style="font-style: italic;">Pink Slips and Parting Gifts</span> fits into—is certainly fiction, but it is often not far from harsh reality either.D. Whitehttp://www.blogger.com/profile/14573066154344158733noreply@blogger.com0tag:blogger.com,1999:blog-4077475023897604116.post-54811893123933755712010-08-07T11:54:00.000-07:002010-08-07T11:57:06.787-07:00CEO misbehaves, still gets the moneyHeadline August 7, 2010:<div><br /></div><div><span class="Apple-style-span" style=" font-weight: bold; font-size:medium;"><a href="http://news.yahoo.com/s/ap/us_hp_ceo_resigns;_ylt=AtOJVOeixZ53TO97zlVb9MZH2ocA;_ylu=X3oDMTJrMHFxa2lvBGFzc2V0A2FwLzIwMTAwODA3L3VzX2hwX2Nlb19yZXNpZ25zBGNwb3MDNgRwb3MDNgRzZWMDeW5fdG9wX3N0b3JpZXMEc2xrA2Rpc2dyYWNlZGhwYw--">Disgraced HP CEO to get about $28m in cash, stock</a></span></div><div><br /></div><div>Read it and weep.</div>D. Whitehttp://www.blogger.com/profile/14573066154344158733noreply@blogger.com0