Word: boardrooms
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...curtain went up promptly at 9 a.m. last Tuesday when Greenspan stepped through the doorway that connects his office to the boardroom to signal the start of the FOMC meeting. (The room sports a large map of the U.S. at one end and, at the other, a fireplace with a bronze sculpture of Demeter, the Greek goddess of agriculture and fertility.) Instead of taking his usual place at the head of the table, Greenspan pulled out a chair in the middle--a move that highlighted his desire to forge a consensus but set off a round of musical chairs...
Having done so, the most powerful monetary movers and shakers on the planet invariably line up for an informal boardroom lunch. Reaching for paper plates and plasticware, the FOMC members help themselves to a buffet that last week featured cold cuts, soft drinks, salads and chocolate-chip cookies--a special favorite of many members. Then they headed back to their offices to watch Wall Street's reaction, while bankers across the country adjusted the loan-rate signs in their windows...
Archer's negotiations with the industry were a closed-door affair. When he began the sessions on Aug. 11, officials from Metabolife and seven other companies flanked both sides of the U-shaped mahogany conference table in the department's boardroom. No outside doctors or consumer advocates were invited--unusual if Archer hoped to find common ground. Also missing were Archer's staff experts who favored strong regulation of ephedrine...
...come by in Russia these days, at least according to recent headlines that lend new meaning to the term hostile takeover. From Vyborg to Vladivostok, court fights over shareholders' rights have even led to bloody clashes between riot troops and local workers. "If you want to empty a boardroom on Wall Street," quips an American investment banker in Moscow, "just say the word Russia." For too many foreigners, investing in Russia has proved to be tortuous and hugely expensive. Just ask the folks at BP Amoco. Last fall the company nearly saw its $484 million investment in Russian oil giant...
Obvious as all this success seemed to Case--everyone was going to get online, right?--it was still a hard sell everywhere from Wall Street to, at times, his own boardroom. AOL spent more than $1 billion building its system. From a historical perspective this wasn't aberrant; communications networks always swam deeply in the red before emerging into profit. It was those insane costs that prompted the U.S. government to give Ma Bell her monopoly. But no one was giving Case a monopoly over anything. He'd have to fight for every cent...