Word: testing
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...that bank's 17 independent board members have a background in the financial-services industry. And even among that group, only two have been executives at a bank. Fifth Third Bancorp, which was deemed to need an additional $1.1 billion in capital in the government's recent stress test, has no independent directors on its board with prior experience working at a bank. Two of its board members do have financial-services experience, but with insurance companies. At JPMorgan Chase, none of the 10 independent members of its board have held a position at a financial-services company...
...part of the recent stress tests, regulators said they plan to review the boards of the nation's largest banks. The 10 banks that were deemed in the test to not have enough capital were given until June 8 to present Treasury with a plan for how they will raise the required funds. Besides reviewing the plans, government officials have said they plan to weigh in on whether they think the banks' leadership is adequate as well. One of the main factors the government will reportedly be looking at is whether the banks have a sufficiently deep bench of financially...
...When I was a kid, all astronauts were male, all astronauts were test pilots, all astronauts were white, and all astronauts were the same size. I didn't fit into most of these categories." -From Contemporary Black Biography, via Answers.com...
...doubt try the tactic used by previous Israeli Premiers, which is to stall, using the plausible excuse that Palestinians lack a coherent leadership. Netanyahu must also be wondering how hard Obama and a pro-Israel Congress will be willing to push its key regional ally. No doubt he will test Obama's determination. (See pictures of heartbreak in the Middle East...
...reality is that while health officials in the U.S. and the rest of the world deserve praise for their comprehensive response to the new flu virus, H1N1 wasn't a true test of our mettle but a warning shot. "We should look at this as a wake-up call, not one more snooze alarm," says Dr. Irwin Redlener, the director of the National Center for Disaster Preparedness at Columbia University...