Word: bankes
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Dates: during 2000-2009
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...Stressing independence from big business could boost a government's image. In the Chicago Booth/Kellogg School poll, 40% of Americans felt former U.S. Treasury Secretary Hank Paulson - previously the boss of Goldman Sachs - had been acting in the interests of the investment bank, and not America...
When Megan Maciejowski was laid off from her job at an investment bank at the end of 2008, she cleaned out her desk, retreated to her Venice Beach, Calif., apartment and started sprucing up her resume. Then the 33-year-old set aside some of her severance package and arranged to spend February in artsy San Miguel de Allende, Mexico. Her goals for the trip were simple: to take an immersive Spanish class, do some painting, experience a new culture and generally relax. Says the self-described Blackberry addict: "I needed to get away to disconnect, recharge and regroup...
...Israel's strategy has been to keep Hamas-ruled Gaza poor while improving life in the West Bank, which is governed by Fatah and Abbas, in the hope that Palestinians - seeing the contrast - will desert Hamas, thus forcing it to capitulate to our demands. But the strategy has failed for three big reasons. One is Fatah, which is still widely considered incompetent and corrupt. Another is Israel, which hasn't given Abbas what politically he most needs: a halt to - or reversal of - West Bank settlement growth. The final reason is Hamas itself, which has an incentive to foil...
...Bank of America shareholders voted April 29 to remove Ken Lewis, 62, aschairman, thoughhe will stay on as CEO and president...
...Pacific Symphony in Southern California's Orange County won't be playing the sounds of silence anytime soon, thanks to the Farmers & Merchants Bank, one of many corporate benefactors. "The arts are a very rich part of the fabric of a region, and these organizations depend on companies like ours for support," explains Henry Walker, the family-owned institution's executive vice president, who sits on the symphony's board. "We feel we have a responsibility to them...