Word: governors
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Dates: during 2000-2009
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Last Thursday, I attended former New York Governor Eliot Spitzer’s timely and stimulating lecture on banking reform. Spitzer exhibited a thorough understanding of the causes of the recent financial crisis and laid out a convincing case for robust regulation of America’s troubled banking system. Among other things, he concluded that the sheer size of American banks was a major contributor to the financial crisis and continues to present a systemic risk to the economy...
Paul Volcker, the former Fed chairman, and Mervyn King, the governor of the Bank of England, agree that governments should mandate separation between commercial and investment banks. Volcker argues that President Obama’s “regulate the giants” approach is insufficient, since the market changes faster than regulators can keep up with it. Under Volcker’s plan, commercial banks and investment banks would still be free to flourish—just as separate companies...
...It’s really nice waking up in the morning and reading the paper and realizing that nobody is trying to kill you politically today. I’m a public servant at heart, but I haven’t made a final decision on whether being the governor is the best way to do that...
Wycliffe Grousbeck, managing partner, governor, and CEO of the Boston Celtics basketball team, yesterday presented Harvard Business School students with a four-point plan for success modeled off the negotiation strategies he used to acquire the Boston Celtics...
...complicated issues," while Michiko Kakutani, writing in the New York Times, sees "an eager player in the blame game, ungrateful to the McCain campaign." Two common observations: Palin reserves her most aggressive attacks for McCain's campaign staff, rather than President Obama and the Democrats. And the former Alaska governor offers few hints about her future, staying coy as to whether another run for public office is in store. (See the fashion looks of Sarah Palin...