Word: monday
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HoCo chairs were presented with the new rules in a meeting on Monday night and will now have to figure out how to plan around them...
...Senior-level bankers, on the other hand, have qualities that may work in their favor, aside from a cushion of accumulated wealth. They are older and have already been through market upheaval during the Black Monday crash of 1987. Morgan says they tend to be adaptable risk-takers who are good at networking and at articulating their worth. "It's the entrepreneurs who are going to succeed," he says. "It's not going to be the people who are waiting around for the next opportunity...
...will and received standard compensation under a cost-cutting plan that eliminated 380 positions via voluntary departures. Caught red-handed after Nagy's husband discovered e-mail sent last January during the monthlong affair, Strauss-Kahn owned up to the tryst, stressing that his transgressions ended there. On Monday, Strauss-Kahn issued an apology to Nagy, the IMF staff and his French TV-personality wife Anne Sinclair for what he called "my error in initiating this relationship...
...Monday, that achievement was recognized when the Mo Ibrahim Foundation awarded its annual good governance prize to Festus Mogae, who retired this year after two five-year terms as president. The prize achieved instant recognition when it was inaugurated last year because of its hefty cash incentive: $5 million over 10 years, $200,000 a year after that and an additional $200,000 a year for good causes espoused by the winner...
...contrast to Mugabe's murderous and inept kleptocracy could not be starker. But in conversation on Monday, Ibrahim insisted Mugabe, not Mogae, was increasingly the exception in Africa. Ibrahim is a Sudanese telecoms billionaire who decided to put his money where his mouth was after concluding that poor governance was the bane of the continent. "African leadership was a failure, and its own failure," he says. "You can't sit here and blame colonialism forever...