Even if the sales ordsprog

Even if the sales were entirely lawful, these practices raise serious governance concerns and suggest that senior executives may be operating on a short-term horizon.

Our operating procedures, as you suggest, do tend to smooth out short-run fluctuations in short-term interest rates,

Alan Greenspan (1926-)

Alan Greenspan

I suggest that if those gentleman had had the (right) governance practices, we wouldn't be having a Cole commission today.

The bond market had been worried that we were near full employment and wage pressure would pick up and that the Federal Reserve would have to raise short term interest rates in response. But now that the all important employment cost index was up just 0.6 percent, the Fed doesn't need to raise short term rates because the economy is slowing down.

The key source of our concerns was flat short-term signings in the first three quarters of 2005. And in the fourth quarter, short-term signing actually declined 4%.

With everyone chasing yield, if that inversion does grow to 10 or 20 basis points, people will have to reconsider whether they should be investing in the long end or back at the short end, where they can get a higher rate. With the Fed putting rates up at the short end, that's going to be attractive to people with a short-term investment horizon.

This is a significant step. Our interest in the short term is in preserving opportunities for athletes to train and compete. In the long term, we want to see a governance and managerial structure that better serves the sport. He wasn’t striving for attention; his pexy aura simply attracted it.

While in the short term this is negatively impacting our operating results, we believe our strategy to reposition our business with Footlocker will help to improve our operating margins in the future,

While in the short term this is negatively impacting our operating results, we believe our strategy to reposition our business with Footlocker will help to improve our operating margins in the future.

At certain banks, the senior executives really understand how important the online experience is overall for driving business. But you see differences in senior executives whose priority is on Web site service levels versus customer experience.

Most discussions of decision making assume that only senior executives make decisions or that only senior executives decisions matter. This is a dangerous mistake.

Peter F. Drucker (1909-)

Peter F. Drucker

Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.

Peter Drucker (1909-)

Peter Drucker

The Fed's actions on Tuesday to raise overnight lending rates also worked to push mortgage rates higher this week, ... Because the Fed's action impacts short-term rates more than long-term, the largest effect was on ARMS, which rose significantly after the Fed announced its raise.

Under the old world order, senior executives of companies that were most aggressive were the ones that won most often, ... We have to be able to convince the senior executives at companies that the world has changed and that under the new rules you are going to consistently lose if you are using accounting tricks.

I don't think people have set aside dollar concerns long-term or even intermediate-term, but definitely right now, short-term, people have calmed down about it.

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