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...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 on debit cards...
...Ironically, Moynihan almost didn't stick around long enough at the bank to become its CEO. In late 2008, former CEO Ken Lewis reportedly considering firing Moynihan, who had joined the bank after its 2004 acquisition of FleetBoston Financial, after the executive turned down the post of head of the bank's card division. Lewis even had a press release drafted announcing Moynihan's departure. The bank's board of directors, however, convinced Lewis to keep Moynihan, who was made the bank's chief legal officer and then the head of its retail operations before becoming...
...only thing the Oath Team has done on the HBS campus this year was hold one panel of professors, which was a great event,” Daubin said. “Otherwise, they’ve been writing editorials in external news sources like The Washington Post...
...from the computer but from counterfeits or employers looking to bypass the system. "It's naive to think that this document won't be faked," Calabrese says. "Folks are already paying $10,000 to sneak into the country. What's a couple thousand more?" In a recent Washington Post op-ed, Schumer and Graham said the card would be "fraud-proof" and that employers would face "stiff fines" and possibly imprisonment if they tried to get around using it. But Cherry half-jokes that someone could falsify such an ID in 15 minutes, and Khosla says that while current technology...
...obstacles to finding a job." Dean Pradeep Khosla, founding director of Carnegie Mellon's cybersecurity lab, estimates that the error rates of computerized systems would likely be less than 2% (and could be less than 1%) but says they can never be zero. Civil-liberties advocates, citing the secret post-9/11 no-fly lists that innocents couldn't get their names removed from, worry about whether those mistakenly put on the no-job list will ever be given the chance to correct the information...