Fox Business - The Power to Prosper
Search Site

Erskine Bowles

Morgan Stanley Names Erskine Bowles Lead Director

Erskine Bowles, who was one-half of the Bowles-Simpson budget plan, will become the lead independent director at Morgan Stanley, the bank announced Tuesday afternoon. As of Saturday he will take over from C. Robert Kidder, known for being chairman of Chrysler following its return from bankruptcy. The bank said that Bowles' appointment "reflects the firm's governance policy of rotating lead directors after a period of time." Bowles has been a member of Morgan Stanley's board since December 2005, and began his career in corporate finance there in 1969. He is the former president of the University of North Carolina system and served as chief of staff to President Bill Clinton. His wife, Crandall Bowles, is on the board of J.P. Morgan Chase & Co. James Gorman is Morgan Stanley's CEO and the chairman of the board. Kidder remains on the board.Copyright © 2014 MarketWatch, Inc....

Read More

  1. Sequestration Built Into Economic Forecast

    PNC Financial Services Group chief economist Stuart Hoffman weighs in on government spending and the new Simpson-Bowles proposal.

  2. MARKET SNAPSHOT: U.S. Stocks Climb, Anticipating M&A Activity

    U.S. stocks climbed on Tuesday, with sentiment lifted by hopes for a merger between retailers Office Depot Inc. and OfficeMax Inc."Recent mergers and acquisitions ar...

  3. Honeywell CEO Would Rather See Automatic U.S. Spending Cuts Than Nothing

    Honeywell International Inc. (HON) Chief Executive David Cote said Wednesday he would rather see automatic U.S. spending cuts kick in next month, in the interest of ...

  4. Rep. Cassidy: Sequestration Coming Down the Pike

    Rep. Bill Cassidy (R-La.), on the Senate passing a budget.

  5. Erskine Bowles Fighting Debt Until the Death

    Erskine Bowles says being a university president is like being the CEO of a cemetery: "You've got lots of people underneath you, but ain't nobody listening."Mr. Bowl...

  6. Congress Defuses Bomb That it Built

    Myopic stock investors, apparently relieved that a measure of uncertainty has been lifted from the markets, are cheering the tax deal that -- temporarily at least --...

  7. Fiscal Cliff Deal a Short-Term Good for Markets

    KBW senior vice president of Washington research Brian Gardner weighs in on the fiscal cliff deal and his outlook for the markets.

  8. Schoen: Fiscal Cliff Deal Disastrous

    Democratic strategist Doug Schoen on the deal reached on the fiscal cliff.

  9. Fiscal Cliff Legislation Passes Congress

    The House of Representatives approved a Senate-passed bill late Tuesday night to avert some of the effects of the fiscal cliff, including painful spending cuts and s...

  10. More Talks, Still No Fiscal Cliff Deal

    The White House and House of Representatives Speaker John Boehner's office held more negotiations on Monday on ways to break the "fiscal cliff" stalemate, but Republ...

  11. Companies Beating Uncle Sam with Early Dividends

    Democratic strategist Doug Schoen on the practices of many companies that are paying out dividends early.

  12. Holtz-Eakin: Going Over Cliff is Unthinkable

    Douglas Holtz-Eakin, American Action Forum president, weighs in on the latest fiscal cliff details, and why he believes government will go right over the cliff deadline.

  1. Congress, White House Have Short Attention Span

    Congress and the White House collectively have a short attention span.Stock markets have surged in the first half of 2013 and housing prices are climbing again, rebu...

  2. J.P. Morgan Investors Examine Links With Directors

    Shareholders are taking a close look at financial relationships between some J.P. Morgan Chase & Co. (JPM) board members and the company they oversee, in a sign of t...

  3. Fix the Debt? Try Fixing CEO Pay

    Fix The Debt, the group pushing Congress to do something about runaway deficit spending, is loaded with highly compensated CEOs who know more about prosperity than a...

  4. Honeywell Has Its Hands in the Honey Pot

    Justin Danhof took the floor at Honeywell International Inc.'s (HON) annual meeting in Morris Township, N.J., on Monday to ask about the company's taxpayer-funded bi...

  5. 'Public Service' or the Gravy Train?

    The next time a politician or bureaucrat talks about their sacrifices as so-called "public servants," grab your wallet and run in the opposite direction. In fact, th...

  6. Alan Simpson, Erskine Bowles Unveil New Deficit Reduction Plan

    Former U.S. Dept. of Labor Chief Economist Diana Furchtgott-Roth, former Fed Economist Kevin Hassett and former Sen. Scott Brown, (R-Mass.), on the new Simpson-Bowles plan to reduce the deficit.

  7. MARKET SNAPSHOT: U.S. Stocks Rise On Hopes Of Corporate Deals

    U.S. stocks climbed on Tuesday, pushing the S&P 500 index to a five-year high, as investors embraced thinking of a likely merger between retailers Office Depot Inc. ...

‹ Prev12345Next ›
Freebase CC-BY
Source: Erskine Bowles on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL