Word: ceo
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Dates: during 2000-2009
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...global, so embedded in every aspect of modern life that it needs to be managed by the popularly elected governmental body meant to represent us all: Congress. "This is an enormous shift, and we need to get together as a nation to deal with it," says Maggie Fox, CEO of the Alliance for Climate Protection. "That's what a democracy is about...
...Shawn Matthews, the chief executive of Cantor Fitzgerald & Co., the firm's investment banking subsidiary. "The dislocation in the financial markets has caused others to take the eye off the ball, allowing us to gain market share." The parent company is still headed by Howard Lutnick, who is the CEO of Cantor and chairman of a publicly traded subsidiary BGC Partners, which is 40% owned by Cantor. Lutnick was famously taking his son to his first day of kindergarten on September 11 and not in Cantor's offices when the World Trade Centers were attacked. Lutnick recently told analysts that...
When Google (GOOG) reported earnings, earnings which were extraordinary during a poor economic period, for the first quarter, the company's chatty CEO Eric Schmidt said "Google had a good quarter given the depth of the recession - while revenues were down quarter over quarter, they grew 6% year over year thanks to continued strong query growth. These results underline both the resilience of our business model and the ongoing potential of the web as users and advertisers shift online." What he did not bother to mention is that no business model is any good at all without customers. Google...
...While mortgage losses show faint signs of moderating, banks still have a lot of credit-card ugliness to work through. At JPMorgan Chase, card services was by far the worst-performing division, with a loss of $547 million. When Whitney asked CEO Jamie Dimon if the business would return to profitability this year, his answer was a succinct "No." At Citi, "credit-card losses seem to be breaking their historical correlation with unemployment," CFO Kelly said. That is, credit-card losses normally rise with the unemployment rate. Now they're rising faster...
...Isaacson, a former managing editor of TIME, is president and CEO of the Aspen Institute and the author of, most recently, Einstein: His Life and Universe...