Word: resignation
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...came to light during the merger process. Reiten wasn't involved in Hydro's energy operations when those payments began in 2000--he was boss of the company's aluminum division at the time--but the potential conflict of interest during the investigation left him little choice but to resign as the combined company's first chairman. (He remains CEO of Hydro's aluminum and power businesses, which were not part of the merger.) "It's been an eventful week," Reiten, 54, told TIME amid the icy rain in Nyhamna. "Both for good...
...polls are to be believed, running with Clinton is something to which Democratic candidates had better resign themselves. And in that case, warns a purple-state Democrat, it's better to keep your misgivings to yourself. "No one wants to talk about her down-ticket effect for fear she'll win," the official says, "and she'll take...
...almost 30 years since its landmark creation, many critics say the IG system has never been in more dire need of reform as it is under the Bush Administration. An unusually high number of Bush IGs, such as Janet Rehnquist at Health and Human Services, have been forced to resign under a cloud as a result of bipartisan pressure, often because of bald incompetence or gross interference with the IG mission. At the same time, a number of good IGs have felt undermined or even been forced out by their political superiors after uncovering major problems; Clark Kent Irvin...
...original version of this article incorrectly included former Pentagon Inspector General Joseph Schmitz as one of the number of Bush administration IGs who "have been forced to resign under a cloud as a result of bipartisan pressure, often because of bald incompetence or gross interference with the IG mission." While at least one Democrat and one Republican senator were raising questions about Schmitz's job performance at the time of his resignation in September of 2005, Schmitz had in fact conveyed to the Secretary of Defense his decision to step down a year before. Moreover in October...
...departure of Summers as Harvard president in 2006 provoked speculation that Rubin, a close friend of Summers, might resign from his Corporation post. He denied such suggestions last year, calling them “unequivocally not true...