Word: chancellor
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...Dutch firm ING. Because Landsbanki had over 300,000 British depositors through its Icebank subsidiary, Prime Minister Gordon Brown’s government used anti-terrorist legislation to freeze Icelandic assets in the UK, including property of the Icelandic Central Bank. Just a few days later, Chancellor of the Exchequer Alistair Darling added fuel to the fire when he said on BBC Radio that the Icelandic Finance minister had told him that the Icelandic government did not plan to honor British deposits after nationalization, an allegation later found to be utterly false from the conversation transcripts. Amidst these incredible circumstances...
...Prime Minister Gordon Brown at the start of October from his post as E.U. Trade Commissioner, and installed in the House of Lords as Baron Mandelson of Foy and Hartlepool to serve as Business Secretary. Sharing top billing is George Osborne, the Conservative Party's azure-blooded Shadow Chancellor, a cherub-cheeked 37-year-old son of a Baronet. Their interactions with each other and with Nathaniel Rothschild, scion of the eponymous banking dynasty, and Rothschild's friend and business associate Oleg Deripaska, a reclusive oligarch routinely described as Russia's wealthiest man, took place aboard Deripaska's super-yacht...
...this amounts to a particularly tricky issue for a man who has played a key role in the City's growth: Prime Minister Brown. In the 10 years when he was Chancellor of the Exchequer, his support for financial services was especially notable because his Labour Party had a history of antagonism with the City. Brown sought to convince the financial community that New Labour would be pro-business, pro-enterprise, noninterventionist and keen to cosset the rich, believing their wealth would trickle down to the wider economy. Brown also championed a new governance system for financial services that...
...thing I know for sure is living in No. 10 has its ups and downs, and over the last year Gordon Brown has had his ups and downs. But he has many great strengths, and he was a great chancellor [of the Exchequer] for 10 years. In recent weeks, I think the public have seen that, in the way he's reacted and taken control -not just in our own country, but across the world - in this world economic crisis...
...election season vary widely across the nation's 15,000 school districts. In New York, the ban on political pins now being contested has existed in some form or another for more than two decades, though union leaders say it has been rarely enforced. But on Oct. 1, schools chancellor Joel Klein used his monthly newsletter to principals at New York's 1,500 schools to remind them of the policy and warn that disciplinary action could be taken against staff who choose to ignore the rule, prompting the union to take legal action to overturn...