Word: ceo
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Dates: during 2000-2009
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Successful Wall Streeters have long maintained ties to their former universities, especially through large donations. One example: the Weill Cornell Medical College is named after the former Citigroup CEO Sandy Weill. They also regularly serve on university boards and help manage endowments...
...after the fact. An analyst from Goldman Sachs wrote that the big bank's credit losses are growing at a "rapid rate," meaning the shares remain a "sell." When Bank of America (BAC) released quarterly numbers that were so good that many believed they would save the job of CEO Ken Lewis, JP Morgan responded by releasing an analysis that said banks are likely to realize about $400 billion more in losses on soured assets, requiring further injections of government capital, according to Bloomberg. (See pictures of the Top 10 scared traders...
...also expensive, costing more than $20,000 even with the subsidy, a stiff price in a country where the annual average income is less than $10,000. That's part of the reason that BYD, since introducing a hybrid electric in December, has sold just 80 of them. CEO Wang Chuanfu expects that BYD will lower the price to about $16,000 as the company scales up production. BYD also makes small gasoline-powered cars and is having no trouble selling them. In March alone, 20,000 units of the most popular model, the F5, were sold...
...special adviser to the Treasury Department on its dealings with Detroit car manufacturers. And even though he was known mostly for his work as a journalist and as an investor in various media companies, Rattner got right to work, reportedly helping to engineer the ouster of General Motors CEO Rick Wagoner just weeks after joining the Administration...
...According to the Wall Street Journal, Rattner was the Administration official who told GM CEO Rick Wagoner that he would have to step down, then informing Wagoner's replacement, Frederick "Fritz" Henderson, that GM's top job was now his. (See the 50 Worst Cars of All Time...