Word: board
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Dates: during 2000-2009
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...Over the past few days, though, everything has come undone again. GM's management, which now includes U.S. government appointees after Washington's massive bailout of the Detroit firm, is split. Some on the board want GM to sell its European operations and focus on the U.S. market. And GM cannot use money from U.S. taxpayers to restructure Opel. (See pictures of General Motors factory-scapes...
...retake the No. 1 spot from rival Toyota. To do so, GM needs a European manufacturing base. At the very least, GM wants to avoid creating a new competitor by providing the dowry for a tie-up among Magna, Sberbank and Opel. So on Aug. 21, the GM board rejected Merkel's plan and sent point man Smith back to Berlin. (Read "Busting Out: German Pol Plays the Cleavage Card...
...German commentators have criticized the almost amateurish way in which Merkel and Steinmeier have risked turning GM and Opel's misery into a transatlantic dispute. Neither GM nor the Obama Administration, which appointed 10 of GM's current board members, appears to like the idea of handing Opel - and GM patents - to a consortium at least partially controlled by Russian oligarchs. "Neither the Chancellor's phone call with the American President nor the Foreign Minister's with Mrs. Clinton impressed anyone," wrote the conservative Frankfurter Allgemeine Zeitung in a commentary published on Aug. 26. "It is questionable whether their decision...
...doesn't yet prohibit them. It's these legal drug dealers that the British ban seeks to target. "The priority will be to chase suppliers rather than users," says Martin Barnes, head of Drugscope, a nonprofit that studies drug use in the U.K., and a member of the advisory board that recommended the new bans. (See pictures of the Great American Pot Smoke...
Speaking of keeping your money and your organization's money with him, were you worried that revealing your personal entanglement would subject you to a lawsuit or otherwise jeopardize your professional integrity? No. Hadassah had a private advisory board, and it was a group of four or five men who were top professionals in their field. They always reviewed the investments. I sat on the board without a vote, and there was never a time when I had the overall say on any type of investment decision without them. In addition, Hadassah remained with Bernie 11 years after I left...