Word: chiefs
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...smug about its meticulousness, the Madoff stain, albeit minor, will be hard to rub out. It's also one of the reasons why Santander's private-banking business is in the red. "We were caught in a fraud, but it was still a mistake," concedes chief financial officer Juan Antonio Alvarez. (See pictures of the demise of Bernie Madoff...
...ongoing parlor game in Madrid now is betting who's going to succeed Emilio Botín whenever he decides to step down. Santander was founded in 1857; a Botín has run it since 1920. Current chief executive Alfredo Saenz came to the bank when it bought Banesto in 1994, bringing the Parthenon operating platform with him. He's very smart and at most other banks he'd be a shoo-in. But Botín is a dynastic kind of guy, and his daughter Ana Patricia, 49, currently heads Banesto, which is still run as a separate...
...first phase of the project has already begun, according to Chief University Planner Kathy Spiegelman, and it aims to lease out Harvard-owned properties in Allston and improve real estate holdings to make them more desirable for occupants. The University is also looking to extend short-term lease contracts and encourage real estate brokers to aggressively pursue potential tenants...
...white was met by a thunderclap of applause. After centuries of Jews suffering through pogroms, ghettos, Nazi death camps and arm's-length-at-best cohabitation with Christians, the first-ever papal visit to a Jewish house of worship - entering the synagogue side by side with Rome's avuncular chief Rabbi Elio Toaff - was much more than a photo op. It was a shared embrace to begin to heal the wounds of history...
...Some Jewish leaders, however, are not as upset about Benedict's synagogue visit. Riccardo Di Segni, who took over as Rome's chief rabbi in 2001, has not always seen eye to eye with Benedict. He cancelled a Catholic-Jewish meeting last year after the Pope's decision to allow wider use of the traditional Latin liturgy, which includes a Good Friday prayer calling for the conversion of the Jews. But he and other Jews felt it was better to move ahead with the synagogue visit as planned...