In recent years, a great deal of scrutiny has been placed on corporate executives who enjoy lavish salaries and benefits packages, even in times of great economic turmoil. For instance, in a 2009 article for The New York Times, Mark Hulbert references the work of two Harvard Law School professors — Lucian A. Bebchuk and Holger Spamann — as he writes: “… [C]ompensation for bank C.E.O.’s is asymmetrical … they often stand to make much more money when their banks succeed than they could lose if their banks fail.” 1,2 In light of this statement, it seems hardly surprising to note that executives from large investment banking firms such as Goldman Sachs, Merril Lynch & Co. and Citigroup Inc. reported multi-million dollar salaries during the sub-prime mortgage crisis that began in 2007, even as many Americans were losing their homes and facing other economic hardships. As an example, the former C.E.O. of Citigroup, Chuck Prince, received a $10.4 million cash bonus for 2007.3
It’s 6 am on a Monday and the alarm goes off — forcibly yanking you out of a pleasant dream involving sunshine, sandy beaches and a never ending supply of strawberry daiquiris. You scowl at the alarm clock with murderous intent through heavy eyelids, plotting the insufferable machine’s not-so-subtle death by sledgehammer. But as your conscious mind valiantly attempts to arrange your thoughts coherently without the necessary fuel (re: coffee), a hazy realization dawns that if you are not someplace called ‘work’ soon bad things will happen.
Introduction — English is the Most Popular Language Among Internet Users and Business Professionals
Did you know that one out of every four people speaks English at some level? If you consider that — at last count — the total human population surpassed seven billion, that means 1.75 billion people are walking around out there with at least some understanding of the English language! Particularly in the technical and professional arenas, English reigns supreme as the most popular medium for facilitating communication.1,2