Word: fails
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Many other large company boards have abdicated their responsibilities to their shareholders as the firms that they were supposed to protect fell apart. It is remarkable that so few directors at other large companies have learned so little from these failures in governance. More large companies may fail as a result...
...badly needs Russia's help in Afghanistan, and Moscow can't afford to let the NATO mission there fail for the sake of Russia's own security. But Russia will extract a geopolitical price for its cooperation - and the resulting bargaining process could be lucrative for those caught in between. That's the message of Tuesday's bombshell dropped by Kyrgyzstan: President Kurmanbek Bakiyev ordered the U.S. to close down an air base in his tiny central Asian country that is used to provide key air support for NATO forces in neighboring Afghanistan...
...while Russia can't afford for NATO to fail in Afghanistan, it would not be comfortable seeing the U.S. prevail, boosting its position in Moscow's traditional central Asian backyard - where the increasingly competitive geopolitics of energy supplies has ignited a new "great game" battle for influence between the rival powers. While it needs the Taliban to lose, Moscow doesn't necessarily want NATO to win, as such. Instead, it needs the outcome to strengthen Russia's own strategic position in its former Soviet sphere of influence. The Russians have made no secret of their desire to have a greater...
...officials made a collective $26.8 million. Even given the fact that in the following four months, Harvard’s endowment plunged a record 22 percent—losing roughly $8 billion—such calls for drastically lower pay are unreasonable, as they fail to take into account the true impact these officials have on Harvard’s endowment...
...Schuster, who lives in one of the state's most densely populated areas, she says she's not sure when life will return to normal. On Sunday, the traffic lights in her neighborhood were not working (she's seen several drivers fail to stop at intersections) and she had not been to work in a week (she was told by her clinic to remain at home, rather than risk the icy, treacherous drive into work). That's the same message that went out to Louisville's public school students; classes for the remainder of last week were called...