Word: resignations
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Dates: during 2000-2009
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Messier was forced to resign when French board members joined the biggest North American shareholders--the Bronfman family, led by Vivendi vice chairman Edgar Bronfman Jr.--in concluding that French business honor (not to mention Bronfman billions) could be redeemed only by bringing on a new boss. Jean-Rene Fourtou, a well-respected pharmaceuticals-industry veteran, is now in charge...
...report is "very unfair," but it will be welcome news to shareholders seeking billions of dollars in compensation from Enron; they could get a legal boost from the 60-page document. The bipartisan study also raises the likelihood that onetime Enron board members will come under renewed pressure to resign directorships at other major corporations like Lockheed Martin and Qualcomm. Wendy Gramm has already stepped down from several of her board assignments, but her husband Phil is leading the G.O.P. bid to block legislation due before the Senate this week that its proponents say will prevent future Enrons. --By Adam...
...Conservative opposition criticized the announcement, accusing the government of sending mixed messages on drugs. TURKEY Political Crisis The failing health of Prime Minister Bulent Ecevit, 77, led to political turmoil. Ecevit's refusal to stand down or call early elections prompted seven cabinet ministers and around 43 deputies to resign from the governing Democratic Left Party. Former Foreign Minister Ismail Cem announced the formation of a new party with Kemal Dervis, the Economy Minister. Dervis, however, did not confirm this. He submitted his resignation from the government, but President Ahmet Necdet Sezer persuaded him to withdraw his letter. CHAD Oldest...
...source said that Abernathy was “forced” to resign, for two likely reasons...
...Noted "When you are enjoying a real good meal, stop when the food is still good." ?Mahathir Mohamad, Malaysian PM, explaining his decision to resign from his post next year...