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The National City Corporation, Ohio's largest bank, said yesterday that it had sold $2 billion in student loans as part of a move to protect earnings from rising interest rates.
It has looked at a number of acquisitions or partnerships, but time and time again, current and former executives said, it could not justify big deals in large part because of the strict General Electric accounting procedures, which were devised to protect earnings growth.
And, don't forget, the CFO's and CIO's that need to protect earnings - they need to come from retail too.
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"Income defense" is about protecting earnings; these days, that means advocating for low taxes.
Universities generally believed them covered by the student exemption that protects earnings from certain kinds of campus jobs.
One type of prenuptial agreement that could draw more scrutiny, Mr. Aronson said, is one drawn up to protect the earnings of the higher-earning spouse when both people were younger.
You may also want to consider business interruption/loss of earning insurance as part of the policy to protect your earnings if the business is unable to operate.
For example, if you tell employees that safety is your top priority, yet they know that hitting the earnings target is what really matters, they will do everything they can to protect the earnings, and ensure bonuses, even if it means looking the other way about problems.
(I have divided loyalties in the case. The current publisher of my books is suing Google to protect my earnings as an author. At the same time, I earn income from Google Adsense ads placed on my blog).
Most banks are expected to ask their investors to back the higher proportion, including 81% taxpayer-owned RBS, and also to find ways to protect high earnings by devising third payments which count as neither salary nor bonuses.
"We protect your earnings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com