Word: ceos
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...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...
...Fraternities still rely on low-tech means to raise awareness of Greek life. One weekend in February, 100 fraternity members used chalk to blanket campus sidewalks with the interfraternity council's web address. But Pete Smithhisler, who is president and CEO of North-American Interfraternity Conference, says nearly every Greek organization in the nation now has an online presence. And these groups are using as many technological outlets as possible to improve the bonds of brother- and sisterhood. "You remember how, when we were in college, going to the dining hall, you had to search, there was always that moment...
...better opportunity to do that. As a candidate, Barack Obama was ambiguous about his commitment to the education-reform agenda of standards, testing, accountability and greater choice. But such doubts were quelled by his pick for Education Secretary: Arne Duncan, who was a cool and driven reformer as CEO of the Chicago public-school system and is also a basketball player from the South Side who knows how to move the ball. Duncan's position on common standards is clear: "If we accomplish one thing in the coming years, it should be to eliminate the extreme variation in standards across...
...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...