Word: resignations
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...enemies. He can be quite taken with his own grandeur. Says a longtime associate: "I always thought he would have made a good Cardinal in 17th century France. He enjoys those European politics of powerful individuals gliding around, not having to worry about elections." Twice, Mandelson had to resign from Blair's government because of perceptions that he traded favors and influence with major Labour Party donors, although he was formally cleared in 2001 of using improper influence to obtain a British passport for the wealthy Indian businessman Srichand Hinduja. Yet Mandelson's pro-European views are long-established...
...Greenberg is in deep trouble. State and federal investigators have been poring over AIG's books for months. Greenberg's own board--led by longtime peer and pal Frank Zarb, who for years was his quietly designated successor should the worst happen--lost faith and pushed him to resign, first as CEO and then as chairman, in March. New York State Attorney General Eliot Spitzer filed civil fraud charges in May, accusing Greenberg of orchestrating "sham transactions" that hid losses and inflated AIG's net worth. Just last week he resigned from AIG's board, ending his last official...
...spring, Italy's opposition parties might be expected to focus on how to unseat Prime Minister Silvio Berlusconi. And the job shouldn't be too tough. Berlusconi's government has struggled with a stalled economy, bickering allies and a drubbing in April's regional elections, forcing the PM to resign temporarily and reshuffle his Cabinet. But it's the opposition coalition that's looking bruised and battered, and most of the injuries are self-inflicted. Fault lines among the half a dozen or so parties in the coalition, which include communists, socialists and even the remains of the splintered Christian...
Sociology Department Chair Mary C. Waters, a member of the group of chairs, says she thinks that for the good of Harvard, Summers should step down. Though Ryan says she has not yet decided whether or not Summers should resign, she says he should stop chairing Faculty meetings...
According to Glazer, UC leaders on the executive board presented him with a petition for Nichols’ impeachment on May 9 and Nichols was asked to choose whether to resign or face the impeachment process, requiring a two-thirds majority vote at the UC general meeting that night...