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...portion of their efforts. The Federal Deposit Insurance Corp., which also gets to weigh in on whether banks' plans are adequate, has been pushing for management changes at some of the banks. Last week, Bank of America was forced to replace its chief risk officer and four of its board members. Reportedly, the FDIC would like Citigroup to dump its chief executive Vikram Pandit. So far, members of the Citi board of directors have said they have no plans to replace Pandit. (Read "Has Wells Fargo Stock...
...whether the nation's Dear Leader and known football enthusiast, Kim Jong Il, was in attendance. Advertising billboards arrayed around the pitch for the benefit of the television audience touted companies like Epson and Minolta and Emirates airlines - "Fly Emirates," read banners inside a stadium where few fans can board an airplane or will ever be permitted to leave the country...
...might make sense for Congress to turn over that power to an independent agency, something along the lines of the Federal Health Board proposed by former Senate majority leader Tom Daschle, who had been Obama's choice for Health and Human Services Secretary until he withdrew his nomination amid a controversy over unpaid taxes. Conservatives charge that this would put Washington in the middle of decisions that are best left to doctors and patients. But would Americans really find a faraway government bureaucrat any more objectionable in that role than a faceless private insurance company that makes those decisions...
...Republican on the Armed Services Committee. Also serves on the Board of Visitors for the United States Military Academy at West Point...
...aircraft's flight-control computer went crazy. The plane abruptly entered a smooth 650-ft. dive (which the crew sensed was not being caused by turbulence) that sent dozens of people smashing into the airplane's luggage bins and ceiling. More than 100 of the 300 people on board were hurt, with broken bones, neck and spinal injuries, and severe lacerations splattering blood throughout the cabin. (Read a Q&A on how to survive a plane crash...