Word: chairman
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...Nouriel Roubini is a professor of economics at New York University's Stern School of Business and is chairman of RGE Monitor; Rachel Ziemba is a senior analyst at RGE Monitor
...Earthworm Has Turned Inevitably, some people have serious misgivings about what Loyrette is up to. Just ask Marc Fumaroli, one of 40 members of the Académie Française, the cream of the French intelligentsia, who are known as "the immortals." He's chairman of the Society of Friends of the Louvre, a 111-year-old French association that helps finance some of the museum's acquisitions. Its popularity has been waning, but with 70,000 members, most of whom pay a $100 annual subscription, it still has some clout - even if it doesn't formally have...
...Couse, chairman and CEO of the First Bank of Clewiston, owns 500 acres of land on which he grows cane sold to U.S. Sugar. Not only is the fate of private growers like him now in limbo, but so are other plans: This week, a meeting was held to decide the fate of a planned $14 million expansion, including a new emergency room, planned for the town's 55-year-old hospital. But the local stakeholders decided to move ahead...
...budget and financial cuts that the company's top executives described as a "self-help" plan designed to stave off any potential "liquidity crisis." The cutbacks appear to involve every level of GM's operations, including shedding the Hummer and decreasing its support for NASCAR. Said GM's chairman and chief executive officer Richard Wagoner: "Conditions are extremely unsettled. We're trying to protect the enterprise long-term. We're going to have to ride this out for a while...
Analysts were mostly positive. David Cole, chairman of the Center for Automotive Research, said critics have underestimated GM's resilience. "They have a lot of resources, and if they need to, they can always go back to the UAW for help," Cole said. Rod Lache, an analyst for Deutsche Bank, agreed, saying, "It looks like [GM's] cost structure is pretty competitive." But, he said, "where they're at a disadvantage versus other mass-market automakers is in pricing." Buyers won't pay as much for a GM vehicle as they will for a Toyota or Honda. GM stock dipped...