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The 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...

Author: /time Magazine | Title: In Favor of Not Firing Bank CEOs | 4/20/2009 | See Source »

The first rationale for allowing executives like Lewis and Pandit to remain where they are is that the series of financial company CEO firings which took place less than two years ago was not effective. The results of the turnover were, by almost any measure, a failure. Chuck Prince at...

Author: /time Magazine | Title: In Favor of Not Firing Bank CEOs | 4/20/2009 | See Source »

The most convincing argument for keeping Lewis in his job is that he is now recognized as the Emperor without any clothes. Whatever hubris he had about the success of his tenure running Bank of America has been removed. He may be the most focused large company chief executive in...

Author: /time Magazine | Title: In Favor of Not Firing Bank CEOs | 4/20/2009 | See Source »

A recent research project by Ohio State University researcher Aryn Karpinski has reported a correlation between Facebook usage and grade point averages. Despite specializing in a relatively unrelated field of quantitative analysis, Karpinski was inspired to investigate the effects of the social networking site Facebook on the performance of college...

Author: By Mark G. Steinberg, CONTRIBUTING WRITER | Title: Facebook Use Linked to GPA | 4/16/2009 | See Source »

4. On a $300,000 request from California Rep. Jerry Lewis: "...for the Joshua Tree National Park Visitor Center. Perhaps next year, if the park and Rep. Lewis still haven't found all the money they're looking for, they could ask Bono and U-2 for help instead of...

Author: /time Magazine | Title: Government Pork: A Voter's Guide | 4/14/2009 | See Source »

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