Word: warners
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Dates: during 2000-2009
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Richard Parsons is the new face of the struggling, bailout-needy Citigroup. The former CEO of Time Warner Inc. (TIME's parent company) became Citi's Chairman just days after the company announced an $8.3 billion fourth-quarter loss - its fifth quarterly loss in a row - and revealed that it would separate its retail banking business from the risky assets dragging it down. Citi may be taking on water faster than it can dump it out, but Parsons is no stranger to financial struggle. When he took over AOL Time Warner in 2003, the media conglomerate was $27 billion...
...East, made a dent in the U.S. market; and in 2005 the movie Bride and Prejudice, starring Bollywood princess Aishwarya Rai, tried unsuccessfully to anglicize the Indian musical. Yet there's been little foreign exchange between the two national cinemas. So far as I know, Chandni Chowk, which Warner Bros. is giving a fairly wide release in the States this week, represents the first A-budget crossbreeding of Bollywood and Hong Kong...
...name which keeps coming up when these announcements or rumors hit the media is Citi's lead director Richard Parsons, former CEO of Time Warner (TWX). He may take Bischoff's place as Citi chairman but he did not do a bang up job at the media company. He has also been sitting on the Citi board during most of the period when the decisions were made that nearly brought the bank down. It would be hard to defend the position that he is blameless...
...nature of all the pay-to-play politics talk. Defense lawyers will argue that politics is politics and that you can't hold someone criminally accountable for playing by the rules of the political game. Genson tried - unsuccessfully - to make the same point at the trial of Lawrence Warner, a co-defendant of Illinois' disgraced and incarcerated ex-governor George Ryan...
...being sworn in Tuesday with no controversy include Mark Begich of Alaska; Kay Hagan of North Carolina; Mike Johanns of Nebraska; Jeff Merkley of Oregon; Jim Risch of Idaho; Jeanne Shaheen of New Hampshire; Mark and Tom Udall, cousins from Colorado and New Mexico, respectively; and Virginia's Mark Warner...