Word: chief
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...supplier of financial talent to the government. Critics have been quick to note - and not favorably - the almost uncanny influence of former Goldman executives. Initial phases of the rescue were orchestrated by ex-Goldman chairman Hank Paulson, who was recruited as Treasury Secretary in part by former White House chief of staff and Goldman senior exec Josh Bolten. Goldman's current boss, Lloyd Blankfein, was invited to participate in meetings with the Fed. AIG's Liddy is a former Goldman director and an ex-CEO of Allstate. Another alum, Mark Patterson, once a Goldman lobbyist, serves as chief of staff...
...Which helps explain why, at least for now, Geithner benefits from a rare bipartisan agreement. Republicans have largely been reluctant to scare away a Treasury chief who has roots in the Bush era and understands their benefactors' core businesses; Democrats are even more reluctant to publicly criticize the President's choice at a moment of economic peril. "I have complete confidence in Tim Geithner and my entire economic team," Barack Obama said. "He is making all the right moves in terms of playing a bad hand." Still, a longtime Treasury observer says, "his margin for error has been reduced...
...expropriated fields, now fenced in and dominated by an oil-exploration tower that dwarfs their bamboo shacks. Several villagers took lowly construction jobs on the site but they were never paid so they've stopped showing up for work. "I hope they don't find any oil," says village chief Aye Thein Tun. "Because even if they do, none of it will come to us. It will just go to other countries...
...recession is hastening changes already under way in corporate philanthropy. In the past, many CSR departments were run by public relations officials and were geared primarily to polish the company's image. "The p.r. people wanted to know, How prominent will our names be on this?" says Salvatore LaSpada, chief executive of the Institute of Philanthropy in New York. Now, however, partly due to pressure from shareholders and board members demanding tangible results, businesses are favoring programs like Unilever's Shakti that aim to improve the world while boosting profits - or at least aren't perceived to be wasting money...
...Many officials, all the way up to the Chancellor, have insisted that the Fritzl case is an isolated affair, although one of the chief investigators in the case has expressed a belief that there may be other cellars in Austria where captives are being held...