Word: chief
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...recent months that the words chosen by bank bosses to convey the health of their business have lost all relative meaning. Victor Blank, chairman of Lloyds Banking Group, saw "exciting prospects for the group" in its first-half results unveiled Wednesday, Aug. 5. Northern Rock "is making progress," chief executive Gary Hoffman said of the British bank's half-year results announced a day earlier. "Our first-half performance," Barclays boss John Varley reckoned the day before that, was "a good start." At HSBC, chief exec Michael Geoghegan said Monday, the first six months of the year "saw much that...
Tension between the President-elect and his chief patron flared in public last week when Khamenei ordered Ahmadinejad to fire his chosen deputy, Esfandiar Rahim Mashaei. Ahmadinejad not only publicly dragged his feet for almost a week in implementing the order, he made his contempt for the Ayatullah's edict plain by immediately reappointing Mashaei as his chief of staff. The President also sacked members of his Cabinet who had insisted that Khamenei's demand be heeded, including the powerful conservative Intelligence Minister. Following that clash of wills, a Tehran newspaper known to express Khamenei's views called the President...
Kenneth Lewis' days as chief executive of Bank of America may finally be numbered. Observers and investors say a settlement with the Securities and Exchange Commission may ultimately cost Lewis the top job at the nation's largest bank...
...Merrill Lynch brokerage division as part of a management shake-up. Observers say the move frees up Brian Moynihan, who had been in charge of Merrill's divisions and has long been thought to be Lewis' successor, to take on a larger role at the bank. Krawcheck, a former chief executive on Wall Street, is also a possible contender for the top job. (See 25 people to blame for the financial crisis...
...most famous presidential birthday bash is undoubtedly JFK's 45th in 1962, featuring Marilyn Monroe's sultry serenade, "Happy birthday, Mr. President." The event fueled speculation that the Chief Executive and the Playboy centerfold were having an affair. It also was reportedly the model for the 50th birthday party of another philandering President, Bill Clinton - a Radio City Music Hall gala that raised $10 million for the Democratic Party in 1996. "For obvious reasons, White House officials said, First Lady Hillary Rodham Clinton had something a little different in mind," the Baltimore Sun reported at the time...