Word: chief
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...messes in the mortgage market and elsewhere, many remain optimistic that the financial industry in the U.S., unlike, say, auto-manufacturing, will rebound. As troubled large banks have shed employees, a number of smaller firms and international competitors have moved in to snap up workers. And Keith Leggett, chief economist of the American Bankers Association, says new banks are continuing to be formed, even as other fail...
...Hillary Clinton made, has set broad goals but left it up to Congress to figure out how to reach them. "One measure of success is, Do we make the health-care system function better, more rationally, in a way that produces better outcomes and is less expensive?" says his chief political adviser, David Axelrod. "The point is the results...
...Hong Kong's own democracy movement feels threatened. Twelve years after its return to China, the city operates semiautonomously, enjoying a range of rights, but beholden, ultimately, to Beijing. Under a policy called "one country, two systems," residents elect half of their legislators, but Beijing appoints the territory's chief executive. (Read: "China Cracks Down Ahead of Tiananmen Anniversary...
...delicate balance, one that pro-democracy advocates worry is tipping toward Beijing. Last year the Chinese government postponed direct elections in the territory, bumping the date from 2012 to 2017 for the chief executive and to 2020 for the legislature. The move outraged veteran campaigners like Martin Lee, Hong Kong's "Father of Democracy." Lee, recently the target of a foiled assassination plot, says Beijing is buying time, stacking the democratic deck. "They have postponed and postponed," he says. "Hong Kong will not have democracy until Beijing knows they have people...
...speak up they do - as pro-Beijing commentators are quick to point out. "Where is the threat?" asks Lau Nai-keung, a Hong Kong journalist with ties to Beijing. "People here can express their feelings." Indeed, when the city's chief executive, Donald Tsang, recently downplayed the anniversary to legislators during a legislative council debate, he was met with fierce opposition and forced to apologize. When Ayo Chan, a student leader at Hong Kong University, suggested pro-democracy protesters were to blame for the 1989 crackdown, angry students moved to vote him out of office. And, unlike the uprising...