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Prem Watsa, who is chief executive of Fairfax, stepped down from BlackBerry's board on Monday, citing a potential conflict of interest with the company's announcement that it was exploring strategic alternatives.
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Although she originally pictured living in a loft with a convenient downtown location that requires little maintenance, Cook says her real estate agent encouraged her to consider other types of properties. She says she's happy to have found a house with a small, manageable yard in a safe neighborhood. "I'm half a mile from restaurants and culture, and I'm able to ride my bike," she says. "Location was a big part of it."
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Some lawmakers in Washington are trying to push throughtheir own modifications to the financial regulations. U.S.Senator Elizabeth Warren, a Massachusetts Democrat, John McCain,an Arizona Republican, and a bipartisan group of lawmakers haveintroduced a bill aimed at re-creating the Glass-Steagall Act,the Depression-era measure that separated commercial andinvestment banking. Another Senate proposal, sponsored by OhioDemocrat Sherrod Brown and Louisiana Republican David Vitter,would limit bank size without restoring Glass-Steagall.
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A commentary in the People's Daily newspaper said China must"lift a sharp sword to pierce the improper, even illegal, costsbehind rising drug prices" for which multinationals, such asGSK, were responsible.