Word: moynihans
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...December, when Brian Moynihan was tapped to be the chief executive of Bank of America, many said he got the job because no one else would take it. Just days before, Robert Kelly, the CEO of Bank of New York Mellon, had become the latest high-profile executive to turn down the post. But in the three months since Moynihan, 50, has taken over the reins at the nation's largest bank, he has used a mix of consumer-friendly initiatives, Washington face time and attention to detail to win over critics. Consumer advocates have applauded the bank's moves...
...Moynihan, of course, still has a lot of work to do. He still has to turn around Bank of America's large credit-card business, which has consistently had higher loss rates than competitors. The bank has also been without a chief financial officer since mid-January, though people close to the search say Moynihan recently narrowed his choices down to three people. And Moynihan may have to answer recent claims that the bank used Lehman-like accounting maneuvers to hide assets. Bank of America has denied the allegations. (See the best business deals...
Nonetheless, for now, Moynihan seems to be making more friends than enemies. So far, his boldest moves have to do with consumers. First of all, in February, the bank stopped charging customers overdraft fees on debit-card purchases they couldn't afford. Instead, when someone doesn't have enough money in their account to cover the purchase, Bank of America simply declines the transaction...
...they are the lifelines for When in Rome, because the supporting cast, including Anjelica Huston as a Guggenheim chief curator and Bobby Moynihan as Nick's very possessive pal, has no characters or amusing lines, no substance or subtext, to work with. Beth's four pursuers are even lamer. Heder and Arnett were splendid as Will Ferrell's skating partner and chief rival in Blades of Glory; to see them here, reduced to floundering, is to witness a small crime against comedy expertise. As sad as this is, it's no shock, since the director, Mark Steven Johnson, and writers...
...floor, written by an aide to Senator East, called "Martin Luther King Jr.: Political Activities and Associations" and also provided a 300-page supplemental document to the members of the Senate detailing King's communist connections. Some Senators expressed outrage over Helms' actions, including New York's Daniel Patrick Moynihan, who threw the document to he ground, stomped on it and deemed it a "packet of filth...