Word: boardings
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...world financial crisis has made such change a necessity, says Bjorn Skogno, a senior official in the Norwegian Foreign Ministry, who is a board member of the Millennium Foundation, the entity set up by UNITAID to collect and distribute the private donations. Overseas development aid "is likely to go down because of the crisis, so there's a need to be innovative to find new sources of funds," Skogno says...
...Then there are Lewis' direct statements. In February he told a congressional committee that Bank of America had very limited involvement in the $3.6 billion in bonuses that were paid to Merrill bankers just weeks before the Bank of America acquisition closed. "[Merrill] had a separate board, separate compensation committee and we had no authority to tell them what to do," Lewis told the committee. (Read "How to Know When the Economy Is Turning...
...Whatever the penalty, though, if Lewis is found to have lied about facts surrounding the Merrill merger, it is likely that the board will be forced to let him go. "Judge Rakoff is saying that executives need to be held accountable for the decisions they made," says Corporate Library's Minow. "I think heads will roll for this...
...sports...So the conversations have evolved over time in different ways on each of our campuses about whether or not...awarding scholarships in football would be appropriate for us to do as well.”And though the Patriot League is far from making a decision across the board regarding scholarships, the reasons seem clear for the personnel at Fordham.“We’re really being squeezed—all the Patriot League schools are being squeezed from two ends,” says Fordham Director of Athletics Frank McLaughlin, who was Harvard?...
...evening of April 15, a small wooden vessel was spotted making its way toward the northwest coast of Australia. By dawn, the Australian navy had intercepted the boat. As members of the HMAS Albany stepped on board, they noticed a strong smell of gasoline. Moments later, the craft exploded, leaving all of its human passengers - 47 Afghani asylum-seekers and two Indonesian crew members -stranded in the water. Five Afghanis died, and dozens, including four navy personnel and the crew, were injured in the blast...