Word: commissioner
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• The Securities and Exchange Commission and New York's attorney general are investigating whether Lewis misled Bank of America shareholders before the Merrill Lynch acquisition. Merrill has paid out billions in bonuses to its staff that were allegedly not fully disclosed.
On Wednesday, in an attempt to defuse Kenyan and U.S. anger, the much-criticized chief of the Kenyan Anti-Corruption Commission resigned. (Outrage had followed Kibaki's decision to reappoint Aaron Ringera earlier this month despite his failure to confront corruption.) Though Ringera's resignation was considered a good sign...
Well-informed Pakistanis say this dismal performance is all too typical. Worse, they insist, it hints at the structural problems that are plaguing America's aid programs. "I don't mean to be unnecessarily harsh on [US] AID, but I have spent the last eight years on the ground there...
The acceptance by the U.S. and NATO of a second term of office for Afghanistan's President Hamid Karzai has raised concerns among many Afghans skeptical of the legitimacy of his re-election. That acceptance was announced in Washington and Brussels on Sept. 29, at least a week before Afghanistan...
The international community has protested vocally against Karzai's affiliation with warlords such as his newly appointed vice presidential running mate, Marshal Fahim, and Abdul Rashid Dostum, a northern warlord whose flagrant disregard of Afghan law over the past several years was overlooked in exchange for his support in the...