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...Here AIG seems an unlikely candidate for the company that could bankrupt the planet. Founded 90 years ago in Shanghai, AIG moved its headquarters to New York City as the world headed toward war in 1939. After Maurice R. (Hank) Greenberg took over in 1967, AIG consolidated its global empire. By the time Greenberg was forced out in an accounting scandal 38 years later, AIG had become one of the world's biggest public companies, with sales of $113 billion in 2006 and 116,000 employees in 130 countries, from France to China...
...very large deals have been done recently. Most were first proposed several months ago. They were likely to work because they were what investment bankers call "strategic." Usually that means that the two companies involved are in the same business. They see "synergies" which involve things like taking the R&D geniuses from the acquiring company and putting them in the same room with their counterparts from the firm being acquired. Working together may set off the creative sparks that drive new discoveries. Or, they may not. The real but hidden definition of the word "synergy" is firing lots...
...What would you think they were feeling here?” Marcell repeatedly asked the audience, pointing to photos of Speedo-clad final club members washing cars in the winter and of Paul R. Callahan ’80, a former Harvard basketball player who was paralyzed in a 1979 final club initiation...
...approved on February 26 are brand new, four of them are currently offered. There will be no changes to Government 20: “Introduction to Comparative Politics,” which will now fulfill the Societies of the World requirement, said the course’s professor, Steven R. Levitsky. Levitsky, whose class is one of the most popular undergraduate courses, said that there was no clear set of criteria to make Gov 20 fit within Gen Ed’s goals. “I am on the Gen Ed committee and I still don?...
...first time since 2000, three of the major political organizations on campus—the Undergraduate Council, the Harvard College Democrats, and the Student Advisory Committee to the Institute of Politics—are headed up by female leaders. Andrea R. Flores ’10 serves as president of the UC, Eva Z. Lam ’10 is president of the Dems, and Mary K.B. Cox ’10 is president of the SAC. All three women came together last Thursday to discuss leadership as part of the Women’s Center?...