Word: resignations
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...ideologically committed political parties that contest virtually every government decision as if the fate of the nation were at stake. No one in power gets a free pass these days: in April, alpha tycoon Lee Kun Hee, chairman of Samsung Group, the country's top conglomerate, was forced to resign after being indicted for tax evasion and breach of fiduciary duty. Under the circumstances, even the most well-meaning official must tread with heightened sensitivity to interest groups. Says Hahm Sung Deuk, an expert on presidential politics at Korea University in Seoul: "Korea needs a leader who can compromise, negotiate...
...Prime Minister Ehud Olmert may be indicted for taking more than $150,000, mostly in cash, from a New York businessman. A popular bumper sticker says, OLMERT, YOU DISGUST ME. The deepening sense of odium is reflected in Olmert's single-digit popularity ratings. He may be forced to resign within weeks, and already politicians have begun to handicap the succession...
...that old feeling of nervousness may have returned in the past months as Rubin’s financial firm, Citigroup, posted billions of dollars in losses and had its CEO resign amid the Wall Street financial crisis...
...Rumors that Rubin would resign from the Corporation emerged again this fall when he was named as chairman of Citigroup, but the 69-year-old continues to emphasize his commitment to Harvard...
...high-minded impulse to change one’s country and the world is naïve or irrational, then what is the rational alternative? Is it that the world is unchangeable? Change is tough, but should we all resign ourselves to working within the confines of massive institutions that claim to tangentially effect “real” progress? Big institutions can often be agents for social change, but many times the young people that go work for them are too narrowly concerned with their own personal goals. A so-called reasoned impulse, it seems, leads only...