Word: ceo
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...financial industry’s titans yields nothing but front-page scandals—from Bernard Madoff, the mysterious asset manager “extraordinaire” who was revealed to be the mastermind behind a wealth-draining Ponzi scheme, to John Thain, the former Merrill Lynch CEO who spent a reported $1.2 million redecorating his office suite (complete with a $35,000 commode) at the expense of the U.S. taxpayer while his company posted incredible losses...
...Backers of the atheist bus campaign find the response flattering. "It just proves that we've had an impact," says Hanne Stinson, CEO of the British Humanist Association, which helped comedian Sherine raise money for the campaign. When Sherine approached the group with her idea last October, the initial aim was to raise $8,000 over several weeks. But $74,000 flooded in on the very first day, with more than $220,000 raised by the end of January. (See pictures of a charity campaign...
...remarks made in New York, GE (GE) CEO Jeff Immelt said that the economy was in as bad a shape as at any time since the 1974 recession. If it should get worse, he remarked, "Once you break through '74-'75, you don't stop 'til you get to 1929." At almost the same hour, Bill Gross, the undisputed king of the fixed income world and chief of investments at Pimco stated "the U.S. may slump into a 'mini depression' unless policy makers spend trillions of dollars to spur growth." He did not make the distinction between a "mini depression...
...strike gold in Hollywood. From Darren S. Aronofsky ’91—director of the Academy Award-nominated “The Wrestler”—to Jeffrey A. Zucker ’86—former president of the Crimson and current president and CEO of NBC— alums of the College pervade the entertainment industry, writing, directing and producing successful mainstream and independent works.And while aspiring filmmakers may not graduate with the level of technical competency as their peers at the film schools at the University of Southern California (USC) or New York...
...government-appointed board are discussing buyout options this week, but a sale cannot be completed until its accounts are restated, a process that could take several months. The company said this week it secured $133 million in working capital through bank loans and announced the appointment of a temporary CEO. In the end, the board may manage to save Satyam and its employees. But the fate of the officials who brought the company to its knees is still very much an unknown...