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...Ironically, Moynihan almost didn't stick around long enough at the bank to become its CEO. In late 2008, former CEO Ken Lewis reportedly considering firing Moynihan, who had joined the bank after its 2004 acquisition of FleetBoston Financial, after the executive turned down the post of head of the bank's card division. Lewis even had a press release drafted announcing Moynihan's departure. The bank's board of directors, however, convinced Lewis to keep Moynihan, who was made the bank's chief legal officer and then the head of its retail operations before becoming...

Author: /time Magazine | Title: BofA's CEO: How to Win Friends and Influence People | 3/30/2010 | See Source »

...navigating one of the more difficult constitutional relationships in American government. On the one hand, the Attorney General is appointed by the President; on the other, he must remain politically independent of the White House. Holder, who as Deputy Attorney General a decade ago approved both the expansion of Ken Starr's investigation of Bill Clinton and Clinton's disastrous pardon of fugitive financier Marc Rich, needs no lesson on the pitfalls of his position. But Holder enjoys a personal relationship with Obama that he never had with Clinton - and that makes the job harder, not easier. It may also...

Author: /time Magazine | Title: Eric Holder's Trials and Tribulations | 3/29/2010 | See Source »

Then five days ago, Republican Attorney General Ken Cuccinelli Jr. sent a letter to public colleges and universities advising them that state law prohibits "a college or university from including 'sexual orientation,' gender identity,' 'gender expression' ... as a protected class within it's non-discrimination policy." (See pictures of the gay-rights movement...

Author: /time Magazine | Title: Virginia Is for Lovers. But How About Gay Ones? | 3/11/2010 | See Source »

...significant? Davis and his co-author Ken Caldeira estimate that 23% of global CO2 emissions - about 6.2 billion metric tons - are traded internationally, usually going from carbon-intensive developing nations like China to the comparatively less carbon intensive West. In a few rich nations, such as France, Sweden and Britain, more than 30% of consumption-based emissions could be traced to origins abroad; if those emissions were tallied on the other side of the balance sheet, it would add more than four tons of CO2 per person in several European nations...

Author: /time Magazine | Title: When Goods Get Traded, Who Pays for the CO2? | 3/9/2010 | See Source »

...talent was clearly there, and Richter’s play picked up late in the season as he began to show signs of the goalie who won the Ken Dryden Award for the ECAC’s top goaltender as a sophomore in 2007-2008. In the five final contests Richter played in, he did not allow more than three goals in a game. And in the playoffs, Richter started and allowed two goals or less twice in a row—something he had done only three times during the regular season...

Author: By Scott A. Sherman, CONTRIBUTING WRITER | Title: Junior's Efforts Come Up Huge | 3/9/2010 | See Source »

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