Word: ken
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Bank of America said in early May that it, too, was looking for new directors. Regulators are reportedly pushing the bank to add more outside directors with financial-industry experience. Shareholders recently voted to strip BofA CEO Ken Lewis of his position as chairman of the board. The new chairman, Walter Massey, is heading up the committee that will revamp the bank's board...
ELECTED NBA legend Dave Bing, 65, won Detroit's mayoral race, unseating scandal-ridden Kwame Kilpatrick's interim replacement, Ken Cockrel...
...exactly the wrong time to relegislate the lending process. Owing to the credit crunch and soaring default rates, card issuers are already reeling in credit limits and accepting fewer new applications. "There are two ways of managing risk - for a particular borrower and across a portfolio," Ken Clayton of the American Bankers Association recently explained. "If risk-based pricing changes, lenders will have no choice but to contract credit...
...Joining Tarantino are Jane Campion, with the Keats bio-pic Bright Star, Ken Loach with the soccer drama Looking for Eric, and Lars Von Trier with his horror film Antichrist. That makes for three winners of the Palme d'Or in the 2009 competition. Another returning champ: U.S. film-critic superstar Roger Ebert, of the Chicago Sun Times and many books and TV shows. Roger missed the last two festivals battling throat cancer but will be back this year, his critical voice as strong as ever...
...fearful authorities to ban visitors from the United States' most enduring icon of freedom, the Statue of Liberty. Though the pedestal and lower observation deck re-opened in 2004, the statue itself has been off-limits since the Twin Towers fell barely two miles away. Last week Interior Secretary Ken Salazar announced that, beginning July 4, 2009, intrepid tourists would again be welcomed into the statue and up the 168 narrow, twisting steps to the crown and its breathtaking views of New York Harbor...