Word: staying
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Dates: during 2000-2009
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...Lewis has said that he would like to stay on as CEO of Bank of America until his firm is able to repay the $45 billion it received in government assistance during the financial crisis. Some money managers say that could take years - and it looks increasingly unlikely that Lewis will be able to hang on that long. In April, shareholders voted to strip Lewis of the title of chairman. Moreover, regulators have pushed the bank to replace a number of its corporate directors. The SEC settlement may be the final straw for Lewis...
...very rare when you split the chairman and CEO position for the top executive to stay in place," says Paul Miller, who follows Bank of America at FBR Capital Markets. The executive's performance during the financial crisis has come under increasing scrutiny in the past few months. At the center of the criticism, and the SEC complaint, is the way Lewis handled the Merrill Lynch acquisition. Lewis and his executives hammered out the details of the multibillion deal to buy Merrill over the course of a single weekend during the worst of the financial crisis. Quickly, it became apparent...
...balloon was blue and gold and 70 ft. (about 20 m) tall. It had no basket. You rode on a kind of circular balcony that hung around the balloon's neck like a collar. This meant that there had to be two passengers, for balance, and they had to stay on opposite sides of the balloon at all times. The two men in question were Jean-François Pilâtre de Rozier, a young doctor who was exactly as dashing as he sounds, and the Marquis d'Arlandes, an army major. Their dialogue could not have been scripted better...
...manufacturers improve quality--Earthmate's latest offering contains 80% less mercury than the standard curlicued CFLs--incandescent makers are fighting to stay in the market. For instance, Philips' new Halogena line uses 30% less energy than traditional incandescents, enough to meet the government standards that take effect...
...After all, this is the land where salarymen pour over comic books on their way to work and where stay-at-home moms are also videogame afficionados. In many ways, robotics combines two of Japan's biggest cultural crushes: technology and animation. Some experts say the roots of the national love of robotics are in Japan's Shinto religion, which blurs the line between the inanimate and animate and in which followers believe that all things, including objects, can possess living spirits. "Robots have a long and friendly history in Japan, and humanoid robots are considered to be living things...