Word: heade
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...demands for the head of Citigroup (C) CEO Vikram Pandit have not ended and may rise to a crescendo again if the bank receives poor "stress test" ratings from the federal government. The drumbeat of dissatisfaction about Ken Lewis, head of Bank of America (BAC), has gone on for months. Recently, proxy advisory RiskMetrics/ISS Governance Services recommended that the financial firm's shareholders vote Lewis...
...trouble at AIG since he was the non-executive chairman before being made CEO. He made a further mess of the AIG 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...
...cure our tummy rumbles, we decided to head over to the Square for a little midday snack and discovered a few promotions you might want to check...
Expectations were low when the former head of the Lebanese Armed Forces, General Michel Suleiman, became president in May 2008 after a nearly two-year political crisis that ended in pitched battles between rival militias in the streets of Beirut. The country was torn apart by squabbles between the Iran-backed opposition led by Hizballah, the anti-Israeli militia group and political party, and the American- backed government that Hizballah suspected of trying to disarm it. Though Suleiman was respected by all sides, the political compromise that put him in office did nothing to solve the underlying issue dividing...
...rhetoric might have been stronger than usual, but it's no different from what Indian commentators have been talking about for years - Pakistan's attempts to destabilize India with bomb blasts rather than as through conventional warfare. "The involvement of Pakistan is documented very clearly," says Ajai Sahni, head of the South Asia Terrorism Portal. The only difference in this case is the level of detail. Nikam alleged that LeT chief Zaki Ur Rehman Lakhvi personally oversaw some of the training, along with an as yet unidentified Major General in the Pakistani army. Naming names could put pressure on Pakistan...