There are many changes in business this year. And the indispensable things that make those changes are heroes and villains. Sir Mervyn Allister King, Michael Woodford, George Papandreou, the bond market and Christine Lagarde are named heroes of business in 2011. On the other hand, James Murdoch, Bo Lerenius, and Nicolas Sarkozy, etc… are mentioned as villains in this field.
Heroes of Business in 2011
Sir Mervyn Allister King, Governor of the Bank of England and Chairman of the Monetary Policy Committee is one of our business’s heroes in 2011. Sir Mervyn, the 11th most influential person in the Financial Centres International, was appointed Knight Grand Cross of the Order of the British Empirein the 2011 Birthday Honours.
Sir Mervyn Allister King
George Papandreou, the Prime Minister of Greece is another hero. He lost his job over the Greek government debt crisis. George is one of a few European leaders who let his people decide their future regarding the Euro.
George Papandreou
Christine Lagarde, the former finance minister of France who took over at the International Monetary Fund (IMF) as the EU debt crisis was worsening, is actually a hero of business in 2011.
Christine Lagarde
Michael Woodford, the President and CEO of Japanese electronics giant Olympus, is one of our heroes in business. Within two months, the boss of Olympus Corporation became a central figure in the company’s scandal and resigned from the Olympus board but said that he had a plan to focus on rejoining the company.
Michael Woodford
Another hero of business in 2011 is the bond market, a financial market where participants can issue new debt, buy and sell debt securities usually in the form of bonds. In 2011, the bond markets upped the value of US debt.
The bond market
Villains of Business in 2011
James Murdoch, the chairman and chief executive of News Corporation - the company subject to a series of lawsuits all related to the phone hacking scandal is one of our villains of business in 2011.
James Murdoch
Although Angela Merkel andNicolas Sarkozy may not be Hollywood's latest couple, they are sharing the starring role in the debt drama engulfing the eurozone and holding markets in its thrall.
Angela Merkel and Nicolas Sarkozy
As chairman of Mouchel, Bo Lerenius manages the support services group’s shares fall from 154p to a low of 8p as the company faced troubles with its accounts.
Bo Lerenius
Related links:
Carla Bruni and Nicolas Sarkozy Take First Stroll with Newborn Guilia
Rupert Murdoch’s Phone Hacking Scandal: The Latest in Pictures
Rebekah Brooks Resigns Over CEO of News International Because of Phone Hacking Scandal
Heroes and Villains of Business in 2011