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...problems because he was slow to address them and was himself fired in September. His replacement, who holds the job now, is Edward Liddy, former head of Allstate. Liddy's most notable accomplishment since moving into the corner office was his ability to stand up to a withering cross examination in March about AIG's collapse. The roasting may have been entertaining, but Liddy had nothing to do with the issues that caused AIG's demise, or the pay packages that some of its executives received while the company rolled over and sank into the dark waters...
...take on a more active - and more accepted - role as a stabilizing force in the world economy, it will be much closer to the original vision of its role as outlined in the 1940s by John Maynard Keynes, who helped to found it. The IMF "is not a Red Cross philanthropic relief scheme, by which the rich countries come to the rescue of the poor," Keynes declared. Rather, it should be a "highly necessary mechanism, which is at least as useful to the creditor as to the debtor." Rediscovering that sense of equal exchange will...
Cohen—who leads the Crimson in goals, points, shots and shots on goal—continued to make a name for himself this past Saturday during his team’s complete trouncing of the visiting Holy Cross Crusaders...
...first weekend where all the power was laid out,” sophomore Olivia Coffey said. “It gives our team a lot of confidence going into next weekend.”The Varsity Eight turned in a strong performance for its third win of the year, crossing the finish line with a time of 6:48.6. Both Radcliffe and the Big Green managed to get a good start, despite miscommunication between the crews and the starting officials. After staying even in the first 500 meters, the Black and White started to inch ahead. By the last...
...that the end of the old German Democratic Republic, as East Germany was properly known, was an accident triggered by a journalist's spontaneous question has now been challenged. In an interview with the German regional public broadcaster MDR Riccardo Ehrmann, 79, who last year was awarded the Federal Cross of Merit by the German government, revealed that a ruling party official had called him before the press conference urging him to ask about the new travel...