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...There are going to be changes to the boards of every major financial-services firm," says Clarke Murphy, co-head of the board-services practice at executive-search firm Russell Reynolds. "As many as half of their independent members [i.e., directors who are not officers of the bank] may change...
David Bliss, head of consulting firm Oliver Wyman's board-advisory unit, says he has been busy and has received more calls from large financial firms in the past few months. Nonetheless, Bliss says the most troubled banks may have a tough time finding willing and able directors. He says it's harder today to find people to serve on corporate boards, in part because Sarbanes-Oxley has increased the work that board members must do. But Bliss says the biggest thing that keeps people from serving on a bank board is the social risk. "No one wants...
Having known Cosby as a “well put together kid with his head on straight” who seemed to steer clear of “gang-like crowds,” Toffoli said the news of the shooting was all the more surprising...
...season. The news that section sizes will increase next year as fewer TFs are hired is disconcerting to every Harvard student who knows that much of the learning at Harvard takes place in section. This personalized learning environment of a section is lost when students become just another head in the crowd. An 18-student section is already too large to allow for desired personal attention and opportunities for discussion, and thus 18 should certainly not be the lower limit on section sizes. As a possible remedy to these cuts, professors should look into teaching or attending sections to supplement...
...against him - is unlikely to ease the tumult in Westminster or the anger across Britain. A number of MPs face being dropped or disciplined by their own parties; others will no doubt be voted out at the next general election (one is due within a year). Sir Paul Stephenson, head of Scotland Yard, said police may investigate some of the expenses claims. (See pictures of the British police...