President of Standard & Poorâs Steps Down
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Kathleen Corbet, president of the credit rating company Standard & Poorâs, resigned after lawmakers and investors criticized the company for failing to judge the risks of securities backed by subprime mortgages.
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The new secretary general of the Organization of American States resigned yesterday because of accusations that he took a bribe in 2001 while president of Costa Rica.
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Robert McTeer, president of the Federal Reserve Bank of Dallas, is leaving after 13 years to become chancellor of the Texas A&amp;M System.
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The hard-line US ambassador to the UN said Monday that he will step down within weeks.
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The head of MicrosoftÂs division that makes specialized software for small and midsize businesses is stepping down.
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The Securities and Exchange Commission announced Thursday that a top staffer overseeing the &#36;7.6 trillion mutual-fund industry will step down for a private-sector position.
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The head of the nation's second largest teachers union is stepping down.
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In the latest of a string of departures of White House aides, U.S. budget director Rob Portman announced on Tuesday he is stepping down after just over a year on the job.
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The chief executive and chairman of Marsh &amp; McLennan Companies, the world&#39;s biggest broker of insurance, stepped down today, less than two weeks after his company was accused of cheating customers.
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Army Secretary Francis J. Harvey abruptly stepped down Friday as the Bush administration struggled to cope with the fallout from a scandal over substandard conditions for wounded Iraq soldiers at Walter Reed Army Medical Center.
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President Bush's top economic adviser is leaving his post to return to academia, the White House announced Wednesday.
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Ailing leader Fidel Castro resigns as Cuba's president
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White House budget director Rob Portman announced on Tuesday he is stepping down after a year in the position, the latest in a string of departures by senior aides to President George W. Bush.
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Secretary of State Colin Powell, widely viewed as the moderate in an administration dominated by hawks, announced yesterday he will step down as chief US diplomat once a successor is in place.
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THE REGION William C. Van Faasen will step down as chairman of Blue Cross and Blue Shield of Massachusetts on Dec. 31 and will be replaced by Cleve L. Killingsworth, the health insurer's chief executive. Van Faasen joined the health plan as chief operating officer and became president in 1992. He oversaw a financial turnaround that left Blue Cross and ...
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Publisher McGraw-Hill Cos Inc is replacing the president of Standard & Poor's, the company's financial services division, effective immediately, amid questions about the role of credit-rating agencies in the subprime mortgage crisis.
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Patty Stonesifer, who helped start and develop the Bill and Melinda Gates Foundation, is stepping down, marking a major turning point for the philanthropic foundation.