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...George State College in 1969. Early on, Lewis' cool demeanor and keen credit judgment caught the eye of the bank's chief executive, Hugh McColl. Soon Lewis became the wingman to McColl's swashbuckling merger ways. McColl would do the deals, and Lewis would parachute in to do the cost-cutting and integration. Along the way, the two built Bank of America to become the country's largest bank in terms of deposits...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 10/1/2009 | See Source »

...implemented salary freezes, halted capital projects, slowed faculty recruitment, and offered a voluntary retirement incentive program for hundreds of staff—initiatives that, along with other budget cutting measures, yielded an $11 million budget surplus last year that will be used to alleviate this year’s cost-cutting...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Princeton’s Funds Shrink 23% | 10/1/2009 | See Source »

...committee had been primarily charged with cost-cutting to pare down the division’s budget—not including sponsored research and operations and maintenance—by roughly one-third. But the group’s goal soon changed from cutting back to balancing the budget by generating new revenue and “stretching what we have further,” according to Kosslyn...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: Budget Plans Proceed Slowly | 10/1/2009 | See Source »

...will want to know how much things cost if you’re going to talk about them in any context,” said the individual, adding that the College committees have received “nothing, no number, no benchmarks...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: Budget Plans Proceed Slowly | 10/1/2009 | See Source »

...After his bomb training in Pakistan, Zazi returned to New York City and then moved to Aurora, joining relatives in a house on East Ontario Drive, a few doors down from the chief of police. Why Aurora? The answer may be as simple as the low cost of living, the presence of a few relatives and the familiar terrain. The dry plains, thin air and faraway peaks bear no small resemblance to northern Pakistan and Paktia province. Zazi passed a background check to qualify as an airport-shuttle driver, and if he was notable for anything, it was his appetite...

Author: /time Magazine | Title: An Enemy Within: The Making of Najibullah Zazi | 10/1/2009 | See Source »

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