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...pushed out Martin Sullivan in favor of Robert Willumstad in June 2008. Willumstad was clearly at least partially responsible for the trouble at AIG since he was the non-executive chairman before being made CEO. He made a further mess of the AIG problems because he was slow to address them and was himself fired in September. His replacement, who holds the job now, is Edward Liddy, former head of Allstate. Liddy's most notable accomplishment since moving into the corner office was his ability to stand up to a withering cross examination in March about AIG's collapse...
...year-old Supreme Court case, the EPA issued its long-awaited "endangerment finding," formally declaring that carbon dioxide and five other greenhouse gases are pollutants that threaten public health and welfare. Under the Clean Air Act, that finding means that the EPA has a responsibility to address the damage caused by greenhouse gases, possibly through direct regulation of CO2 - just as it regulates other air pollutants, like acid rain-causing sulfur dioxide. (See the top 10 green ideas...
...Regardless of how long it takes, the mere possibility of EPA action at least signals to the rest of the world that the U.S., after years of lagging, is finally moving to address global warming on a federal level. That could bear fruit at the U.N. climate-change summit at the end of the year. "Clearly, this demonstrates the U.S. is getting to work on climate change," says Emily Figdor, the federal global-warming program director for Environment America...
...Harvard’s primary mission as a teaching and research institution must come before protecting unnecessary jobs. SLAM defies that primary goal by stifling academic debate through their coercive approach, and creating a divisive, charged environment inconducive to the cooperation our university needs to productively address the crisis it faces...
Abroad, Sarkozy upended Chirac's policies by trading in the traditional Franco-German partnership for closer ties to London. He also reached out to the internationally loathed and isolated George W. Bush, adopting the role of an adoring and trustworthy French friend. Sarkozy's group-hug address to the U.S. Congress in November 2007 was nothing short of a smash, as he waved off Chirac-era disputes over Iraq for references to America's sacrifice in World War II to promise "whenever an American soldier falls somewhere in the world, I think of what the American army did for France...