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The first rationale for allowing executives like Lewis and Pandit to remain where they are is that the series of financial company CEO firings which took place less than two years ago was not effective. The results of the turnover were, by almost any measure, a failure. Chuck Prince at...
No Apologies In her profound essay Nancy Gibbs' observation that we have "corrupted the culture of contrition" is the direct consequence of the erosion of personal grace in our society [March 30]. Sadly, decency has been replaced in great measure by coarseness - hence the absence of remorse or contrition. When...
Sorry Is the Hardest Word The corruption of "the culture of contrition" Nancy Gibbs speaks of in her profound essay on apologizing is the direct consequence of the erosion of personal grace in our society [March 30]. Sadly, decency has been replaced in great measure by coarseness - hence the absence...
Atlanta's growth bolstered the aspirations of cities and towns across this region. But the recession is delivering a dose of sobriety, and stoking fears in places like Allendale County, S.C., 200 miles away. Allendale County's unemployment rate stands at 23.4%. Ronnie Jackson, the mayor of the town of...
The approach worked. The Indian authorities "facilitated" negotiations between the pirates and the ship's owners, and the crew was released for an undisclosed ransom, believed to be much lower than the $6 million the pirates had initially demanded. At the same time, the Indian navy sent a warship, the...