Word: resignation
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Podolny, who also received a doctorate in sociology from Harvard in 1991, will resign his position Nov. 1 to become an Apple vice president and the dean of Apple University, a new training center for Apple employees...
...Alerted to the liaison this summer, the IMF's board contracted an independent Washington law firm to investigate whether Strauss-Kahn might have abused his power in one of two ways: by pressuring Nagy to resign once their relationship ended or by intervening to enhance the compensation she would receive when she decided to leave on her own. Findings on both types of potential misbehavior are expected Friday...
...most French commentators and political insiders to believe that Strauss-Kahn will emerge from the scandal intact as long as no abuse of power is substantiated. If they are right, Strauss-Kahn would escape the fate of former Bush Administration official Paul Wolfowitz, who was forced to resign his job as president of the World Bank in May 2007 after it was established that he had intervened to secure unmerited promotions and severance payments for his female companion, who also worked for the organization...
...controversial article published in the undergraduate-run Harvard Health and Policy Review has prompted a Harvard professor to resign from the review's board of advisors because the article contained attacks against him and the professional peer-reviewed journal that he edits, according to the professor and three of the review's editors...
...Despite Monday's mostly rosier mood, there were developments that could have given markets as much to choke on than cheer about. Over the weekend the heads of French savings bank Caisses d'Epargne were forced to resign following revelations that unauthorized derivatives trading last week produced a $810 million loss. On Sunday, meanwhile, the Netherlands said it would inject a further $13.5 billion into troubled finance company ING - another indication that European banks may not yet have entirely accounted for all the toxic debt they assumed...