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9 Jul 2010, 7:39 am
So will the Federal Reserve Board of Governors and the National Credit Union Administration. [read post]
8 Jul 2010, 5:00 am
Bank of America had 34 Board Meetings in 2009; directors were expected to attend at least 75% of these meetings. [read post]
6 Jul 2010, 8:00 am
The directors with the longest tenure have sat on the board since the merger of JP Morgan & Co. and The Chase Manhattan Corporation in 2000, making them members of the current board since 2001.These directors are Lee R. [read post]
6 Jul 2010, 3:48 am
A Bank of America board member wanted an outsider to take over as chief executive in December, but eventually gave in to backing Brian T. [read post]
5 Jul 2010, 7:59 pm
“When unintended chemical releases occur, every minute counts if it is an emergency,” said Edward Kowalski, Director of EPA’s Office of Compliance and Enforcement in Seattle. [read post]
2 Jul 2010, 5:00 am
According to the Journal: When the slate of board members was presented to the FSA, the regulator said the four executives with compensation of more than 100 million yen should leave so embarrassment could be minimized, according to the person. [read post]
29 Jun 2010, 1:30 pm
Our board of directors wants to take action, but we don't know where to begin in deciding what to do first to make improvements. [read post]
28 Jun 2010, 2:11 am
In a June 25, 2010 AmLaw Litigation Daily article (here), Andrew Longstreth examines the likely impact of the National Australia Bank case on the securities class action litigation filed under U.S. securities law against BP and certain of its directors and officers. [read post]
26 Jun 2010, 4:59 pm
Works with Bank Regulators: Coordinates with other regulators when examining banks to prevent undue regulatory burden. [read post]
25 Jun 2010, 9:22 am
Excessive risk taking by AIG and certain monoline insurance companies that provided protection against declines in the value of such asset backed securities, as well as poor counterparty credit risk management by many banks, saddled the financial system with an enormous unrecognized level of risk. [read post]
25 Jun 2010, 7:32 am
As a proud member of the Board of Directors, Joe Bornstein would like to congratulate colleague William J. [read post]
25 Jun 2010, 6:00 am
Riley and Walker were the only directors on UHO's board, despite legal requirements that New York State not-for-profits have three directors. [read post]
24 Jun 2010, 7:07 am
Rite Aid’s board opposed the proposal, arguing that, to explain its pay decisions to investors, the board would have to divulge sensitive information that could aid competitors; and that a simple no vote “cannot be expected to provide the Company with meaningful information” because the directors wouldn’t have an earthly idea what it was that shareholders actually objected to. [read post]
24 Jun 2010, 5:33 am
Each company's board of directors met and considered the request, but declined. [read post]
24 Jun 2010, 3:38 am
Directorate of Enforcement is noteworthy on this count. [read post]
23 Jun 2010, 10:23 pm
We have a great team of professional help-line, trainers, lobby, editorial, admin and IT staff with an elected board of directors. 2. [read post]
23 Jun 2010, 7:06 am
Ultimately, the Board and the CEO must accept responsibility for the “tone at the top” and the culture that exists in certain parts of the National. [read post]
22 Jun 2010, 9:30 am
" The guidance adopts three main principles, being that: (i) incentive compensation arrangements at a banking organization should provide employees incentives that appropriately balance risk and financial results in a manner that does not encourage employees to expose their organizations to imprudent risk; (ii) these arrangements should be compatible with effective controls and risk-management; and (iii) these arrangements should be supported by strong corporate… [read post]
22 Jun 2010, 8:18 am
Citigroup had employees assessing the risks related to each of its investments and a team of senior managers, executives (including one of the most highly compensated CEOs in the industry) (see here and here) and a prominent board of directors assessing its enterprise risk levels. [read post]
21 Jun 2010, 6:22 pm
· Independent Boards: Requires at least half the members of NRSRO boards to be independent, with no financial stake in credit ratings. [read post]
