时间:2019-01-31 作者:英语课 分类:VOA标准英语2009年(二月)


VOA标准英语2009年-Obama Caps Executive Pay for Bailout Recipients - 英语课
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  1. 1 VOA标准英语2009年-Obama Caps Executive Pay for Bailout Recipients 英语课
英语课

imposed pay limits on executives of banks and other companies that receive government bailout money to avoid collapse 1.
 
President Barack Obama listens to Treasury 2 Secretary Timothy Geithner as he delivers remarks about executive compensation, 04 Feb 2009


It is a topic that has sparked fury across the nation: financial executives receiving multi-million dollar salaries and lavish 3 bonuses while taxpayers 4 keep their ailing 5 companies afloat.


President Obama says the practice is shameful 6 and irresponsible.


"For top executives to award themselves these kinds of compensation packages in the midst of this economic crisis is not only in bad taste, it is a bad strategy, and I will not tolerate it as President," he said.


The president announced a $500,000 yearly limit on compensation for executives of companies receiving emergency federal assistance. Additionally, he said companies will be required to disclose all benefits provided to their top managers, and that severance 7 packages will be limited.


Not an assault on wealthy Americans


Mr. Obama said the measures should not be viewed as an assault on the wealthy or those who have achieved success. Rather, he said, he wants to ensure that executives are not rewarded for failure while being subsidized by U.S. taxpayers. Last year, Congress approved a $700 billion rescue package for financial firms, the biggest bailout fund in U.S. history.


The president was preceded by Treasury Secretary Timothy Geithner, who suggested that public outrage 8 over executive compensation contributed to the financial meltdown.


"This economic crisis was caused, in part, by a loss of confidence in our financial institutions," Geithner said. "And it was made worse by a loss of faith in the quality of judgments 9 made by some executives and some boards of directors. Those failures have caused great damage."


During the past year, dozens of business executives have been called to testify at congressional hearings, and been questioned intensely on pay issues. Many top managers have expressed a willingness to trim their salaries and forgo 10 bonuses. Some, however, have defended the compensation they receive, noting that the terms were stipulated 11 in contracts that were signed before the financial crisis struck.


Should bonuses be eliminated?


No one is suggesting that limiting executive pay will, by itself, return struggling firms to profitability. But for many Americans, the issue appears to be one of basic fairness: how can business executives justify 12 multi-million dollar salaries at a time when millions of workers have lost their jobs and many firms are surviving thanks to a taxpayer-funded bailout?


"I think there is a time for sacrifice from everyone," one man said.


"I really do not think it [hefty executive salaries] is a very wise use of money at this point," a woman said.


"People are losing their houses left and right, people are losing their jobs left and right. I do not think it is right," said another woman.


Last week, President Obama expressed dismay and outrage over a report that bonuses for U.S. financial executives topped $18 billion last year. The report noted 13 that the total was down more than 40 percent from the previous year.



vi.累倒;昏倒;倒塌;塌陷
  • The country's economy is on the verge of collapse.国家的经济已到了崩溃的边缘。
  • The engineer made a complete diagnosis of the bridge's collapse.工程师对桥的倒塌做了一次彻底的调查分析。
n.宝库;国库,金库;文库
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
adj.无节制的;浪费的;vt.慷慨地给予,挥霍
  • He despised people who were lavish with their praises.他看不起那些阿谀奉承的人。
  • The sets and costumes are lavish.布景和服装极尽奢华。
纳税人,纳税的机构( taxpayer的名词复数 )
  • Finance for education comes from taxpayers. 教育经费来自纳税人。
  • She was declaiming against the waste of the taxpayers' money. 她慷慨陈词猛烈抨击对纳税人金钱的浪费。
v.生病
  • They discussed the problems ailing the steel industry. 他们讨论了困扰钢铁工业的问题。
  • She looked after her ailing father. 她照顾有病的父亲。
adj.可耻的,不道德的
  • It is very shameful of him to show off.他向人炫耀自己,真不害臊。
  • We must expose this shameful activity to the newspapers.我们一定要向报社揭露这一无耻行径。
n.离职金;切断
  • Those laid off received their regular checks,plus vacation and severance pay.那些被裁的人都收到他们应得的薪金,再加上假期和解职的酬金。Kirchofer was terminated,effective immediately--without severance or warning.科奇弗被解雇了,立刻生效--而且没有辞退费或者警告。
n.暴行,侮辱,愤怒;vt.凌辱,激怒
  • When he heard the news he reacted with a sense of outrage.他得悉此事时义愤填膺。
  • We should never forget the outrage committed by the Japanese invaders.我们永远都不应该忘记日本侵略者犯下的暴行。
判断( judgment的名词复数 ); 鉴定; 评价; 审判
  • A peculiar austerity marked his judgments of modern life. 他对现代生活的批评带着一种特殊的苛刻。
  • He is swift with his judgments. 他判断迅速。
v.放弃,抛弃
  • Time to prepare was a luxuary he would have to forgo.因为时间不够,他不得不放弃做准备工作。
  • She would willingly forgo a birthday treat if only her warring parents would declare a truce.只要她的父母停止争吵,她愿意放弃生日宴请。
vt.& vi.规定;约定adj.[法]合同规定的
  • A delivery date is stipulated in the contract. 合同中规定了交货日期。
  • Yes, I think that's what we stipulated. 对呀,我想那是我们所订定的。 来自辞典例句
vt.证明…正当(或有理),为…辩护
  • He tried to justify his absence with lame excuses.他想用站不住脚的借口为自己的缺席辩解。
  • Can you justify your rude behavior to me?你能向我证明你的粗野行为是有道理的吗?
adj.著名的,知名的
  • The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
  • Jim is noted for arriving late for work.吉姆上班迟到出了名。
学英语单词
1-fluoronaphthalene
aaiun (el aaiun)
abarbanel
absolute rights
accommodation endorser
active DO-loop
aperturae
appraisal of machinery and equipment
aptitude
artificial refreshment of memory
bachl
bacterial morphology
belhelvies
bonavist
brush glowing
brymer
cementite lamella
checkpoint certified security instructor
communication port
counter-electromotive force
culture-confirmed
dark hair
daylight-signalling mirror
decenoic acid
disease of cauda equina
disunionists
easymove
economic graph
eddy zone
elastic waistband
electron potential difference gauge
Escherichia galactophila
ethical system
exfoliator
expeller cake
experimental pricing
explosion-protection equipment
fashion-savvy
feedback line identification
floccular process
gain limited receiver
gernet
give someone walking walking orders
hairy darling pea
Hong Kong Stock Exchange
humming
hyphaema
Jenkin
julymycin
keyforce
Kipos
Kompong Kandal, Prek
landgrant
levelization
library directory
liquid-vapor phase diagram
Lusahunga
man made
measures out
member in torsion
micropalynology
mine clearance
mini-towers
Musculus scalenus minimus
myxoglobulosis
neozephyrus japonicus
Nimārpāra
nnamabia
non-diving cell
ordering calculation
overhead transmission line
process of construction
reciprocity formula
rectification of distortion by means of a flame
rose-lilac
run time allocation
sap colour
Schildwolde-Hellum
sea wolves
secondary tentacle
short term bond
skewsymmetric
smoke jumper
specified quantity
spent fuel assembly transport
standard high frequency signal generator
steam-turbine lubrication
stencher
Stuttgart disease
sulfocyanate
super-vital
swivel-chair
the pot calling the kettle black
town-hall
tudor type battery
Turner's
turns around
unsacerdotally
urethral foreign body
vingty
VIPER (versatile intermediate pulse experimental reactor)
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