Word: boardroom
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...practically un-American. Paralleling a program authored by U.K. Prime Minister Gordon Brown, it called for the U.S. government to take partial ownership of nine leading banks and offer to buy pieces of hundreds of others. On Oct. 13, the nine bank bosses, assembled in the Treasury's imposing boardroom, were each handed a piece of paper with the terms: $25 billion of preferred shares each from Citigroup, JPMorgan Chase, Wells Fargo and Bank of America. In return for the capital, the U.S. would collect a 5% dividend in the first five years. Although Wells Fargo chairman Richard Kovacevich resisted...
...always cool to watch reality TV shows. It's one thing to convey your erudition by dissecting a dark plot in The Sopranos, but what does it reveal to cop to a fascination with Donald Trump's boardroom or worse, Ryan and Tristan's love affair on The Bachelorette? For closet reality TV fans, it may finally be safe to come out of the closet. On Sunday, Sept. 21, for the first time the Emmys will award a statue to the best host of a reality TV show. To top that off, the event itself will be hosted...
...word. The 39 Clues is, like some lab-grown genetically engineered life-form, a series without a real author. J.K. Rowling conceived Harry Potter on a crowded, four-hour-delayed train trip between Manchester and London. The 39 Clues was born about three years ago in a corporate boardroom. Levithan runs a weekly "idea group" at Scholastic - "basically, about a dozen editors get together every week, and we just brainstorm ideas," he explains. Amy and Dan were one of those brainstorms. (Originally the series was called The 79 Clues before Levithan and co. decided to scale it back, probably wisely...
...Universal's best talent scouts and marketing execs had locked themselves in a boardroom to brainstorm the next world-music star, they would have been high-fiving each other for coming up with something even half as marketable as the strikingly beautiful Sa - or Zhou Peng, as she was known before making a stage name out of her mother's Mongolian surname and a childhood nickname. With troubles in Tibet and Xinjiang generating plenty of international interest in China's ethnic minorities, her origins are perfectly calibrated to appeal to the liberal, middle-aged and mostly Western buyers that make...
...meetings remain. "Many of the problems surrounding poor governance stem from management accruing too much power," says Paul Hodgson, senior research associate at The Corporate Library, a governance and compensation research firm. "If you split the roles of CEO and chairman, you get this balance of power in the boardroom. A strong chairman can stand...