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Moynihan, of course, still has a lot of work to do. He still has to turn around Bank of America's large credit-card business, which has consistently had higher loss rates than competitors. The bank has also been without a chief financial officer since mid-January, though people close to the search say Moynihan recently narrowed his choices down to three people. And Moynihan may have to answer recent claims that the bank used Lehman-like accounting maneuvers to hide assets. Bank of America has denied the allegations. (See the best business deals...
...have colleagues who will be working on their theses next semester and do not know who their advisor will be,” Gordon wrote in an e-mail, adding that a close relationship with a thesis advisor is especially important for a creative thesis...
...voters blamed Ralph Nader for what they perceived as his role in preventing the victory of former Vice President Al Gore ‘69. In their view, Nader drew away votes that would have otherwise been cast for Gore and could have altered the outcome of the extraordinarily close contest. Despite a later study by Harvard Professor B.C. Burden that largely disproved this theory, the controversy illustrates an important feature of American party politics: the abundance of obstacles faced by third-party candidates seeking electoral equality. Third-party candidates represent a viable and principled choice for Americans to express...
...authorities have charged nine alleged Hutaree members. On Monday, some of those defendants appeared in a Detroit courtroom on Monday morning. Among them was David Brian Stone Sr., 45, identified by the feds as the Hutaree leader. Wiry with close-cropped silver hair, he appeared in a green Wayne County, Mich., jail uniform. He barely uttered a word throughout the proceeding. The authorities said the group was apparently formed in August 2008, and was divided into separate units led by Stone and one of his sons, Joshua, 21, who remains at large. The proceeding also included the lone woman...
...There may be more to Hekmatyar's outreach than simply a whipping at the hands of the Taliban in Baghlan. The warlord has kept close ties with Pakistan spy agency the Directorate for Inter-Services Intelligence (ISI) ever since he was the main recipient of the CIA and Saudi aid that was channeled by the ISI to anti-Soviet Afghan rebels in the 1980s. And despite the fact that since 2002, the U.S. has considered Hekmatyar a terrorist, the Hezb-i-Islami chief operates more or less openly inside Pakistan. He maintains houses for his family in Peshawar and Islamabad...