Word: boarding
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...that the board has backed Lewis through a remarkably difficult period in which there was pressure from many quarters to oust him, his job is almost certainly safe and will be for a long time. It is very likely that the government did not give the board an ultimatum about Lewis's future because, if it did, the action would have been disclosed and Lewis might be gone...
...board must have made its decision to keep Lewis based on one of two things. The first is that he did the best he could with a difficult set of circumstances that face most large banks. The second is that no one else would take the job. Lewis can fairly make the claim that B of A shareholders have not done too badly since the Merrill troubles were disclosed. Since the first of the year, the firm's stock has done nearly as well as Wells Fargo's (WFC) and much better than Citigroup's (C). (See 25 people...
Almost no one gave Lewis a chance of surviving in his job as post as he has. His critics cannot get much satisfaction about his fate. He still have the corner office and a board that loves him despite his best efforts to be unlovable...
...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...
...think that the fact that he is able to think beyond science and understand the complexity of the issues and learn from other fields are what you need in a person that will be a sounding board for the president,” Holbrook said...