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...part of its effort to reorganize under Chapter 11 of the bankruptcy code, GM has named Al Koch, a partner in J. Alix & Associates, a Detroit-based turnaround firm, to serve as chief restructuring officer. Koch, who has served as the undertaker for dozens of other firms over the years, including Kmart, will be responsible for laying to rest what is already being quaintly referred to as the old GM and what will no doubt be a mountain of liabilities. (See pictures of GM factory-scapes...
...What’s blown me away is how many people have signed up,” said Nitin Nohria, a Business School professor who co-authored a 2008 article proposing a business code of ethics. “When [Anderson] first proposed the idea, I said if 100 people sign up before graduation that would be great...
Sitting in the Adams House dining hall, I was two days away from handing in my thesis, and the screen of my phone lit up. Just as I planned, and what good timing. A 212 area code. Even though the past year has bruised New York City, the number rang with promise. A person in a New York office building was calling me. The digits ended in a round number. Probably a very big office building. An important person who worked in a big Manhattan office building wanted to talk. This person could see great stretches of earth...
...militants say that if the Americans want to come and fight, they should fight them face to face," says Mahmood Shah, a retired brigadier who was once the top Pakistani official in FATA. Shah, a Pashtun himself, says the families of the drones' victims are required under the tribal code to seek revenge, which makes them ideal recruits for militant leaders like Baitullah Mehsud, the Pashtun commander of the Pakistani Taliban. Mehsud, says Shah, "likes to boast that each drone attack brings him three or four suicide bombers...
Vegas of the East. If you want to gamble back East, near cooling ocean breezes, the Tropicana Resort and Casino in Atlantic City, N.J., has midweek rates starting at $59, including two show tickets. Book using the promo code TSHOW through June 30. There are also some Fridays in June that have rates at $99, including breakfast; book using the code TFRI...