Word: memoed
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...faculty—or, in the negligent departments, anyone at all—to pay more attention to students, the quality of the academic experience at Harvard will soar,” wrote then-Dean of the College Harry R. Lewis ’68 in a 2002 memo to University President Lawrence H. Summers.It’s a truism that Harvard’s advising—if you can call it that—is in shambles. At long last, Harvard appears to be paying some attention. But the appointment of a dean of advising this spring...
...jury found that Lay criminally touted the stock even after whistle-blower Sherron Watkins gave him her famous memo in August 2001 warning that Enron's accounting was deeply flawed; Skilling had quit only days before. Both men were found guilty on every charge of fraud and conspiracy in the indictment--six against Lay, 13 against Skilling. While Skilling was acquitted on nine charges of insider trading, he and Lay were also convicted on various other charges involving stock sales and audits. The 64-year-old founder faces up to 165 years of hard time; Skilling, 52, is up against...
...willful blindness. The government never argued that Skilling made a conscious decision to ignore wrongdoing at Enron; Lay, on the other hand, had been warned by whistleblower Sherron Watkins of problems in the firm's accounting. The jurors apparently felt that Lay did not respond sufficiently to Watkins memo. "If he had done it, he would have walked today," Androphy says...
...then was CEO of the entire company, Watkins began scouting for a new job ... But on Aug. 14, Skilling abruptly quit, and Lay invited employees to put any concerns in a comment box. The next morning Watkins sat at her computer and tapped out her first anonymous one-page memo in a single two-hour flourish. 'I am incredibly nervous that we will implode in a wave of accounting scandals,' she wrote." Read more at timearchive.com...
...executive vice president of the people division (a.k.a. human resources) at Wal-Mart, Chambers has her work cut out for her, with the company's wage, labor and health-care policies under fire. She caught flak last year for a leaked internal memo in which she suggested controversial ways to curb spending on benefits. But Wal-Mart liked her ideas and is rolling out lower-cost health-care initiatives for employees. Chambers will focus on other HR issues, taking part in a new advisory panel on ways to foster diversity and equal-employment ops, for example. "We've spent...