Alliance & Leicester chief in surprise exit as profits rise
Alliance and Leicester boss Richard Pym yesterday took the City by surprise, saying he planned to quit as chief executive after five years in the top job.
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Ex-Countrywide Chief Forms Mortgage Buyout Firm (NPR) The former head of troubled mortgage lender Countrywide hopes to cash in on the mortgage crisis with a new venture. Stanford Kurland is heading up a company called PennyMac, which
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Market Watch NEW YORK Given Wall Street's hair-trigger propensity for punishing a company's stock for bad news -- and over-inflating the price for good news -- it's become harder to use share