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Former Citigroup Chairman Blames Deregulation For The Financial Crisis
Richard Parsons, the former chairman of mega-bank Citigroup (who stepped down from his post just a few days ago), said yesterday that the repeal of Glass-Steagall — the Depression-era regulation separating investment and commercial banking — helped precipitate the financial crisis of 2008: Richard Parsons, speaking two days after ending his 16-year tenure on the [...]  
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Richard Parsons to be Cuomo's ed czar
GOV. CUOMO named former Citigroup and Time Warner Chairman Richard Parsons Monday to lead his Education Reform Commission. Cuomo said the 20-member panel has a wide mandate to look at “anything and everything” to boost student performance, including increased charter schools, new technologies and better teacher evaluations.  
From nydailynews.com ()
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Time Warner Inc. Reaffirms 2012 Full-Year Business Outlook
NEW YORK--(BUSINESS WIRE)--Time Warner Inc. (NYSE:TWX) today reaffirmed its 2012 full-year business outlook. The Company continues to expect its 2012 full-year percentage growth rate in Adjusted Diluted Net Income per Common Share (“Adjusted EPS”) to be in the low double digits off a 2011 Adjusted EPS base of $2.89. The outlook above does not include the impact of any future merger or unplanned restructuring and severance charges, the impact...  
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Time Warner Inc. Named on Diversity Inc.’s 12th Annual Top Companies for...
NEW YORK--(BUSINESS WIRE)--Time Warner Inc. (NYSE: TWX) was recognized once again by Diversity Inc. for its continued commitment to promoting diversity. The list of the Top 50 Companies for Diversity drew from a wide range of industries including consulting, retail, manufacturing and banking. This is the 3rd consecutive year that Time Warner Inc. has made the list. “At Time Warner, we know that talent is not exclusive to one gender, race...  
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Parsons misses finals, sets personal record
While Parsons didn’t meet his goals, he still set a personal record. He qualified for state with a time of 40.27. “What I said as soon as it was done, is ‘how can you mad about a (personal record),” Watseka head coach Richard Dickte said.  
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Time Warner Inc. : Warner Bros. Pictures Marks New Studio Record for Fastest...
The announcement was made today by Veronika Kwan Vandenberg, President, International Distribution, Warner Bros. Pictures. The Studio hits this high water mark as it gears up for a full slate of highly anticipated titles later in the year, including Adam ...  
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Gov. Andrew Cuomo names Richard Parsons to head Education Reform Commission...
Richard Parsons will head the Education Reform Commission, and Gov. Cuomo says he wants "an action plan" on improving schools from the 20-member panel. GOV. CUOMO named former Citigroup and Time Warner Chairman Richard Parsons Monday to lead his ...  
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Richard Parsons To Head Ed Reform Commission
Gov. Cuomo named former Citigroup and Time Warner Chairman Richard Parsons Monday to lead his Education Reform Commission. Our Glenn Blain reports: Cuomo said the 20-member panel has a wide mandate to look at “anything and everything” to boost studen...  
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Richard Parsons to Head Education Reform Commission
Governor Andrew Cuomo of New York has named former Citigroup and Time ... Organizations who are interested in bringing Dick Parsons to their next event should contact the American Program Bureau at 800-225-4575. About the American Program Bureau (APB ...  
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Parsons Blames Glass-Steagall Repeal for Crisis
Kim Chipman and Christine Harper write: >Parsons Blames Glass-Steagall Repeal for Crisis: Richard Parsons, speaking two days after ending his 16-year tenure on the board of Citigroup Inc. (C) and a predecessor, said the financial crisis was partly caused by a regulatory change that permitted the company’s creation. The 1999 repeal of the Glass-Steagall law that separated banks from investment banks and insurers made the business more...  
From delong.typepad.com ()
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Richard Parsons, Ex-Citigroup Chairman: Shareholder CEO Pay Rebuke Caused By...
WASHINGTON, April 19 (Reuters) - Richard Parsons, who chaired the Citigroup Inc board that lost a shareholder vote this week on executive compensation, said on Thursday that directors had failed to adequately explain to investors the methods ...  
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Time Warner Inc. Earnings Conference Call
The Networks segment provides domestic and international networks and premium pay television programming services, which consist of the multi channel HBO and Cinemax pay television programming services. The Filmed Entertainment segment produces and ...  
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Time Warner Inc. Reports First Quarter 2012 Results
Time Warner Inc. TWX today reported financial results for its first quarter ended March 31, 2012. Chairman and Chief Executive Officer Jeff Bewkes said: “We’re off to a great start to the year, and we’re benefiting from strong momentum for ...  
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Jim Simons Buys Time Warner, Research In Motion, JC Penney, CME and...
Jim Simons bought 463 new stocks for his firm Renaissance ... Simons bought 3,060,134 shares of Time Warner Inc. (TWX) at an average price of $37 per share. Over the last five years, the stock has declined 44.6 percent. Time Warner Inc. is ...  
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Time Warner Inc. : Michael Wright Named President, Head of Programming for...
Michael Wright has been promoted to President, Head of Programming for TNT, TBS and Turner Classic Movies (TCM). In this elevated role, Wright will continue to oversee all programming and scheduling for TNT and TBS, along with original programming for TCM ...  
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Time Warner Inc. Earnings Cheat Sheet: Margins Suffer as Costs Rise, Profit...
After three quarters of profit increases, the company reported a profit increase last quarter. Net income rose 0.5% in the fourth quarter of the last fiscal year from the year earlier, while the figure rose 57.5% in the third quarter of the last ...  
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Richard Parsons, Former Chairman of Citigroup, Available for Speaking...
Former Citigroup chairman Dick Parsons, who helped the bank become a behemoth that almost collapsed in the financial crisis and then led its recovery, has joined the American Program Bureau as one of its newest exclusive speakers. Called "a master in the ...  
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Irish Relays: Parsons leads young Warriors
Parsons nabbed another win in the 110-meter hurdles ... "You can't really ask for more than what we got today," said Watseka coach Richard Dickte. "All of our kids did something to help us earn this victory, and everyone pushed each other to do their ...  
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Parsons Points to Glass-Steagall for Crisis
Richard Parsons, who stepped down as chairman of Citigroup this week, says that the financial crisis was in part a result of "the throwing off of Glass-Steagall" -- the repeal of the Depression-era law that allowed the creation of Citi, Bloomberg News reports.  
From dealbook.blogs.nytimes.com ()
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Citigroup to 'Fix' Pandit Pay Plan After Shareholder Rejection
While the vote isn't binding, outgoing Chairman Richard Parsons said changes will be made. "That's a serious matter," Parsons said during his final Citigroup shareholders' meeting as chairman. The board will seek a more quantitative, formula ...  
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Citigroup’s Parsons: Ending Glass-Steagall Led to Crisis
Richard Parsons, speaking two days after ending his 16-year tenure on the board of Citigroup Inc. and a predecessor, said the financial crisis was partly caused by a regulatory change that permitted the company’s creation. The 1999 repeal of ...  
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Travelodge chief Guy Parsons checks out
The management reshuffle at Travelodge has been described in similar terms to Richard Brasher's high-profile departure ... of Travelodge from 2003 until 2010 before making way for Mr Parsons, who had been with the group since 2004. "During recent ...  
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Big TW earnings bang
Total sales advanced 4.4 percent to $6.98 billion from $6.68 billion a year ago. Time Warner, led by Chief Executive Jeffrey Bewkes, derives more than 70 percent of its annual operating income from its television business, which produces shows such as the ...  
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Phil Parsons called it
the track with a “Twilight Zone” reputation also produced the only Cup Series triumphs for five other drivers—Richard Brickhouse, Dick Brooks, Ron Bouchard, Bobby Hillin and Lennie Pond. This history made by Phil Parsons and the others ...  
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Time Warner Inc. CEO 2011 Total Compensation Valued At $25.9M
NEW YORK (Dow Jones)--Time Warner Inc.'s (TWX) Chief Executive Jeff Bewkes earned total compensation in 2011 valued at $25.94 million, down slightly from a year earlier, the company said in a regulatory filing Monday. Bewkes' 2011 compensation ...  
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The Zacks Analyst Blog Highlights: Viacom, Adobe Systems, News Corp, Time...
The Zacks Analyst Blog Highlights: Viacom, Adobe Systems, News Corp, Time ...SYS-CON Media (press release)Stocks recently featured in the blog include Viacom, Inc. (Nasdaq: VIAB), Adobe Systems Inc. (Nasdaq: ADBE), News Corp (Nasdaq: NWSA), Time Warner Inc. (NYSE: TWX) and Catalyst Health Solutions Inc. (Nasdaq: CHSI). In a bid to revamp the advertising ...and more »  
From news.google.com ()
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Final Glance: Media companies
Final Glance: Media companiesCBS NewsGannett rose $.15 or 1.0 percent, to $15.52. New York Times Co. rose $.22 or 3.3 percent, to $6.86. News Corp. rose $.06 or .3 percent, to $20.04. Time Warner Inc. rose $1.32 or 3.7 percent, to $37.08. Viacom Inc. fell $.31 or .6 percent, to $51.94.and more »  
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Time Warner Finds a Bullish Audience in the Options Pits
Time Warner Finds a Bullish Audience in the Options PitsSchaeffers Researchby Terri Stridsberg 3/23/2012 12:53 PM Bullish speculators have focused their attention on Time Warner Inc. (TWX - 36.76) today, as nearly 5600 calls have crossed the tape so far, representing seven times the equity's expected intraday volume.  
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'Hunger Games' sets a movie presale record
Toronto Star'Hunger Games' sets a movie presale recordWashington PostMovieTickets.com is owned by AMC Entertainment, Hollywood Media Corp., National Amusements, Cineplex Entertainment, Marcus Theatres, Viacom Inc. and Time Warner Inc., according to the company's website.MovieTickets.com Reports 'Hunger Games' Set a Presale RecordBloomberg'Hunger Games' Friday Sales Are 5th-Best EverBusinessWeekall 252 news articles »  
From news.google.com ()
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