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Richard Parsons

Which Golden Rule?

Mike Lux | Posted 06.23.2012 | Business
Mike Lux

The notion of a business completely unconnected in its ethos from its workers and customers, along with the community and country in which it operates, is in fact a recipe for disaster.

Citigroup CEO, Directors Sued For Outsized Executive Pay Packages

Reuters | Posted 06.20.2012 | Business

* Lawsuit follows rejection of CEO Pandit's pay package * Directors accused of breach of fiduciary duties April 20 (Reut...

Ex-Citi Chairman: Poor Communication To Blame For CEO Pay Fight

Reuters | Posted 06.19.2012 | Business

* Ex-chairman says pay plan not explained well * Plan by board lost in advisory poll of shareholders * Barney Frank prai...

Giving Thanks for a Meritocracy Instead of Aristocracy

Maxim Thorne | Posted 01.29.2012 | Impact
Maxim Thorne

Although I appreciate all the good philanthropy does, I wish to alter the way supersized philanthropy operates in America as part of my commitment to keep America true to our founding freedoms.

On Obama, Wall Street Shows A Reluctance To Commit

The New York Times | ANDREW ROSS SORKIN | Posted 08.27.2011 | Business

President Obama's $35,800-a-plate fund-raising dinner was the talk of Wall Street last week....

Companies On Obama's Jobs Council Have Doubled Investments Overseas

Bloomberg | Mike Dorning | Posted 07.23.2011 | Business

Seven publicly traded U.S. corporations represented on President Barack Obama's advisory council for jobs and competitiveness -- including General Ele...

Obama Administration Invites Controversial General Back To Public Service

New York Times | Posted 06.10.2011 | Politics

Gen. Stanley A. McChrystal, who was relieved of command in Afghanistan after a magazine profile quoted his subordinates as disparaging senior civilian...

Wall Street's Reaction To The Foreclosure Fiasco? Blaming Homeowners

The New York Observer | Max Abelson | Posted 05.25.2011 | Business

n order to understand Wall Street's shrug during this foreclosure crisis, which as many as 40 attorneys general are expected to announce an investigat...

Citigroup Is 'Too Interwoven To Fail,' Bank's Chairman Says

CNBC | Posted 05.25.2011 | Business

Citigroup remains too "interwoven" to fail even after the government has plowed billions into rescuing the banking titan and Congress has passed laws ...

Who Will Replace Larry Summers? The Possible Candidates To Head White House Economic Team (PHOTOS)

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As pundits produce unofficial lists of candidates to replace top White House economic adviser Lawrence Summers -- who will leave the White House to re...

Wall Street Bankers Put Obama On Hold

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

President Obama didn't exactly look thrilled as he stared at the Polycom speakerphone in front of him. "Well, I appreciate you guys calling in," he be...

Bank Presidents and the U.S. President

Christopher Brauchli | Posted 05.25.2011 | Business
Christopher Brauchli

Even though bank presidents have shown they can single handedly almost sink the economy, they can't control the weather that prevented them from making it to a meeting with the president.

Wall Street Tells the President of the United States to Bugger Off

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

With the nation up in arms about the perversity of pouring billions into the coffers of the banks the symbolism of the three CEO's tone deaf failure to be present in Washington is beyond understanding.

FDIC Pushes Citigroup To Change Management: WSJ

AP | Posted 05.25.2011 | Business

NEW YORK — The Federal Deposit Insurance Corp. is reportedly pressing for a management shake-up at embattled bank Citigroup Inc., putting CEO Vi...

Dick Parsons, Citigroup Chairman, Has Love Child With MacDella Cooper

nydailynews.com | George Rush | Posted 05.25.2011 | Business

Parsons and model-philanthropist MacDella Cooper are the parents of a baby girl named Ella. The 61-year-old former Time Warner chairman said only: ...

Dick Parsons: Citigroup's Teflon Board Member

Crain's New York Business | Aaron Elstein | Posted 05.25.2011 | Business

Nearly all of the old regime on Citigroup Inc.'s board of directors is on the verge of being swept away at the bank's annual stockholders meeting on T...

Citi Turmoil: Urged To Ditch Chairman, Parsons Potential Replacementb

New York Times | ERIC DASH | Posted 05.25.2011 | Business

Federal banking regulators are pressing Citigroup to shake up its board and replace its chairman, Winfried F. W. Bischoff, in an effort to restore con...

Jeff Bewkes Named Time Warner Chairman

AP | Posted 05.25.2011 | Media

NEW YORK (AP) -- Time Warner Inc. says Chief Executive Jeffrey Bewkes is replacing Richard Parsons as chairman of the board. Parsons will step down D...

Who Wasn't On Stage With Obama and Should Have Been?

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

I'm not satisfied with the roster of economic personalities and thinkers we see Barack Obama mixing with.

Charter Schools Get the Test Scores Up

Tom Lowry | Posted 05.25.2011 | Politics
Tom Lowry

Unlike most of her audience of media moguls, charter school impresario Deborah Kenny has some positive results to brag about. Test scores have improved dramatically at her schools in just five years.

Icahn: I Made $300M On Time Warner

CNN/Money | Posted 05.25.2011 | Business

Billionaire investor Carl Icahn may have lost his bid to break up Time Warner Inc., but he will tell "60 Minutes," how he walked away with $300 millio...

Jeff Bewkes On Yale, Greenlighting "The Sopranos," And How He's Going To Boost Time Warner's Stock Price

New York | Lloyd Grove | Posted 05.25.2011 | Business

Jeffrey Bewkes, the new chief executive of sprawling, stalled media conglomerate Time Warner Inc., hardly fits the mold of a swashbuckling visionary. ...

GOP, Dems Face Off In Corporate Boardrooms

Wall Street Journal | George Anders | Posted 05.25.2011 | Business

Political-campaign financing is supposed to pit rival interest groups against one another. But in this year's wide-open presidential race, some intere...

Parsons Expected To Name Bewkes As Successor At Time Warner

Reuters | Robert MacMillan, Paul Thomasch, Kenneth Li | Posted 05.25.2011 | Business

Time Warner Inc Chief Executive Richard Parsons is expected to announce on Monday that he will step down and be replaced by Chief Operating Officer Je...

Time Warner Expected To Announce New CEO This Week

The Wall Street Journal | Melissa Marr | Posted 05.25.2011 | Media

Like bottles of Brunello di Montalcino cellared at Time Warner Inc. chief Richard Parsons's Italian vineyard, investors in the media company have been...