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...According to recent studies of French business, the power in the country's largest companies is still dominated by a relatively small number of men. A December review by Ernst & Young, for example, found that a mere 98 people control 43% of the voting power on the boards of the 40 companies comprising France's leading CAC 40 stock index. Not only that, but this dominant corporate core is nearly 80% French - a lopsided percentage, given that nearly 40% of the capital in those businesses is owned by foreign investors. And suggesting that the glass ceiling is still very much...
...Though the leading companies in France have historically been run by a relatively small and delineated class of industrialists, analysts say that circle has, ironically, grown even tighter with the rise of globalization - and is now dominated by financiers. Analyses show that a disproportionate number of people sitting on the boards of the CAC 40 companies come from the country's largest and most influential corporations - mainly banks and financial firms - giving them considerable influence over the operations of the other companies. Four executives from the French bank BNP Paribas, for example, sit on the boards of 12 other...
...number of ETFs in the U.S. market shot up to 934 in 2009 from 154 in 2004, according to Larry Petrone, director of research at Financial Research Corp. Over that time, ETF assets under management have more than tripled, to $742 billion. That's still far short of the $7.14 trillion in assets held by mutual funds, but the ETF growth rate is fast closing that gap, with new products covering every subsector of the markets, from bank stocks to silver to Vietnam's public companies. (See pictures of TIME's Wall Street covers...
...room, and I’ve seen a few people in the JCR eating, but it seems like a lot less to me, less than I expected,” Dara B. Olmsted ’00, a tutor in Mather House, said of the number of students in the House during January...
...that? My sense of it is that [U.S. special envoy to the Middle East George] Mitchell spent a number of months negotiating a settlement deal and saw some progress from the Israelis and kind of got blinded by that, because he didn't see that it wasn't sufficient progress for the Palestinians...