Word: bossing
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...need only check the stock tables for evidence that Citi shareholders are accustomed to a larger-than-life boss. Citi stock fell 5% on the succession news, and even a brief dip is no small matter at a company with an intense culture of ownership. That culture keeps executives fixated on creating value and has helped generate remarkable returns for shareholders. Those who have stood by Weill since he invested $6 million of his own money and gained control of consumer lender Commercial Credit in 1986 have earned about six times the market average, a stellar run that, until last...
Never mind that Prince, who feels comfortable enough to roast his boss on his birthdays in front of hundreds of employees and who once persuaded Weill to dress as Superman for the affair, is practically family to Weill--or that Weill's gibes were in fun. Never mind too that Weill, Prince and Willumstad spent the weekend at Weill's country home in the Adirondacks in upstate New York celebrating the succession plan over a meal of sea bass and a rare magnum of 1966 Henri Voillot Pommard from Weill's cellar. This is business, and Weill has been spectacularly...
...victim," says Phoenix attorney Darrow Soll, who got charges dropped against Mike Tyson in two recent rape cases. "What you can do is say, 'Let's talk about the fact that a 19-year-old girl had sex with a basketball player who was married, and maybe her boss found out. What was she to do?' That's the approach. It's not: 'She's a liar; she's evil; she's a nut job.' It's: 'She's 19; she's a young woman; she made a mistake...
...stations are critical of me. I can't blame them. How do you demonstrate your independence? By criticizing your own boss. I believe I was the most hands-off TV owner ever in Italy. Since I entered politics, I haven't made one phone call to my business group...
Park, 28, is Com2uS's chief executive; Lee, 29, is chief technology officer. It's unusual in a male-dominated culture to have a female boss, but there's a practical explanation. When they created Com2uS, they realized that Park, as a woman, wouldn't have to perform military service...