Word: execs
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...first-half results unveiled Wednesday, Aug. 5. Northern Rock "is making progress," chief executive Gary Hoffman said of the British bank's half-year results announced a day earlier. "Our first-half performance," Barclays boss John Varley reckoned the day before that, was "a good start." At HSBC, chief exec Michael Geoghegan said Monday, the first six months of the year "saw much that is encouraging for our future...
...Father's Day weekend, while dads were playing catch with their sons and preparing the backyard barbecue, women rushed to theaters to see a romantic comedy with a female star. The Proposal, with Sandra Bullock as a Canadian publishing exec who must marry her harried male assistant in order to stay in the U.S., whacked the opposition and topped the North American box office. In doing so, it outran the industry swamis' predictions, confounded movie critics (like this one) who thought it was simply more Bullock mediocrity and showed that teenage guys don't determine every...
...Grandinetti sticks to his guns: "We believe our approach to digital books allows authors, publishers and retailers to run profitable businesses yet still pass on the savings that digital books allow to readers," he says. Right or wrong, nobody can stay on message like an Amazon exec...
...last year. The reasons aren't hard to come by. In a survey of the businesses delisting in the year to April by law firm Trowers & Hamlins and accountants UHY Hacker Young, financial pressures or insolvency, as well as the cost of maintaining an AIM listing - paying for non-exec directors and other services can add up to $300,000 a year - accounted for a large chunk of those leaving. Others had been dumped by their Nominated Adviser (Nomad), the accountants or financial management companies that act as quality control for AIM, scrutinizing a firm before deciding whether it ought...
...government. Critics have been quick to note - and not favorably - the almost uncanny influence of former Goldman executives. Initial phases of the rescue were orchestrated by ex-Goldman chairman Hank Paulson, who was recruited as Treasury Secretary in part by former White House chief of staff and Goldman senior exec Josh Bolten. Goldman's current boss, Lloyd Blankfein, was invited to participate in meetings with the Fed. AIG's Liddy is a former Goldman director and an ex-CEO of Allstate. Another alum, Mark Patterson, once a Goldman lobbyist, serves as chief of staff at the Treasury, while Neel Kashkari...