Word: crisises
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The 26-year veteran of Wall Street abruptly announced his intentions to return to the financial services industry in May, stating his desire to seek out opportunities in an environment much changed by the crisis.
The reform’s proponents place some of the blame for the financial crisis on insufficient shareholder oversight. They argue that opening boards to stockholder influence is necessary to increase accountability to those who own shares in the company.
The reform’s backers say empowering shareholders could help prevent another financial crisis, but according to Jay W. Lorsch, a Business School professor and signatory to the letter, the new reforms represent a continued effort by institutional investors to gain power and influence over the companies they invest...
Secular justice, nevertheless, can still have apocalyptic repercussions - in this case, for Olmert's party. Kadima leaders were torn between their loyalty to Olmert, who founded the party with Sharon in 2005, and their desire not to be tainted by the criminal prosecution. "On this difficult day, we must not...
The refugee crisis comes as the Burmese military regime is tightening its grip on the country ahead of the nationwide election it has announced for next year. Since taking power in 1962, the exclusively ethnic Burman, or Burmese, junta has largely tamed an unruly patchwork of 100-plus ethnic groups...