Magazine article from our research archive:
|
|
Breach of duty: are CenTrust's directors to blame for David Paul? They say they only followed the best advice money could buy. (Resolution Trust Corp. lawsuit against the Miami, FL savings and loan association for junk bond and other financial failures) (includes related article on reasons for Centrust's demise) (Cover Story)
- Article from:
-
Florida Trend
- Article date:
-
June 1, 1991
- Author:
-
|
Copyright informationCOPYRIGHT 1991 Trend Magazines, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
It was one of those nights when David Paul was still on toP of Miami's world. A civic dinner in his honor had just ended, and Paul was huddled with Thelma Gibson. The two knew each through their common service on the Dade County Public Health Trust, and in the course of their monthly meetings became passing acquaintances.
With the gracious charm that he turned on and off like a light switch, Paul asked Gibson if she would consider serving on CenTrust's board of directors.
Gibson, 63-year-old widow of the Rev. Theodore Gibson, a former Miami city commissioner, was flattered. Paul, after all, was one of Miami's rising stars. Along the way to turning an S&L that was ...
Related newspaper, magazine, and journal articles:
|
Stick 'em up; Corporate directors.
The Economist (US);
January 15, 2005 ;
700+ words
...Should board directors be forced to dig into their own pockets...seems perverse to feel sorry for the board directors of big public companies. But in the past few years, believe it or not, directors have felt rather sorry for themselves...
|
|
WHAT ENRON/WORLDCOM REALLY MEANS FOR DIRECTORS
Bank Director;
April 1, 2005 ;
700+ words
...News that outside directors agreed to pay a combined $33 million...while they can and will get sued, directors would never have to open their own...lapses that occur on their watches. Do directors -particularly bank directors-have...
|
|
A NEW "TRADEME" to unearth company directors is taking off, with its...
The Herald on Sunday (Auckland, New Zealand);
July 8, 2007 ;
700+ words
...A NEW TRADEME to unearth company directors is taking off, with its founders hoping...finddirectors.com and already has nearly 300 directors listed. Set up by professional director...response to surveys showing 68 per cent of directors are selected by fellow directors or existing...
|
|
Expanding liabilities for directors and officers.
Risk Management;
January 1, 1989 ;
700+ words
...Expanding Liabilities for Directors and Officers In today's volatile...vulnerable position. Often the decisions directors and officers must make involve inherent...however, to minimize the risks to directors and officers, and if a lawsuit arises...
|
|
Directors skittish after settlement cash calls.(Are You Covered?)(MCI...
National Underwriter Property & Casualty-Risk & Benefits Management;
February 7, 2005 ;
520 words
......settlements of stockholder suits requiring directors to forego insurance protection and pay...likely to increase a trend for expanded directors and officers coverage. At the same time...Dennis Kozlowski and other officers and directors in cases where insurers have sought to...
|
|
Fiduciary duties derailed? Appropriation of directors' duties in the...
Journal of Corporation Law;
October 1, 1998 ;
700+ words
...Pennsylvania law gives the board of directors of a Pennsylvania corporation a lot of...CSX1 [A]ll that has happened is that the directors [on] the Conrail board decided to make...bedrock principle of corporate law that directors are responsible for managing the business...
|
|
A GUIDE FOR DIRECTORS.
Ivey Business Journal;
July 1, 2000 ;
700+ words
...HOW DIRECTORS CAN NAVIGATE THE POTENTIAL PROBLEMS OF M&As Business people acting as directors of public companies are increasingly finding...a negotiated merger. While many corporate directors are experienced in this area and understand...
|
|
New Act will raise skills level bar for directors; LEGAL...
The Birmingham Post (England);
August 24, 2007 ;
499 words
...The financial rewards for directors of the largest UK companies may be...and uncertainties for all company directors, not just the fat cats, says ACCA...that the average remuneration of the directors of FTSE 100 companies has reached...
|
|
Ex-CenTrust Bank Chief Indicted in Securities Sham; Regulators Allege He...
The Washington Post;
February 29, 1992 ;
537 words
......politically well-connected former head of CenTrust Savings Bank, was indicted yesterday...Commerce International. The link between CenTrust and BCCI, convicted in December of a...also alleges that Paul and another top CenTrust official, William Berry, misled regulators...
|
|
No more Mr Nice Guy; Board directors.(The role of directors)
The Economist (US);
March 20, 2004 ;
649 words
...Independent directors at big public companies need to be tougher WHERE...executives, but also incredulity that their boards of directors went along with their misdeeds. What did directors know and when did they know it? Were they, too, corrupt...
|
|
Directors in the hot seat.(corporate governance )
European Business Forum;
January 1, 2005 ;
700+ words
...The role of directors in public companies is one of the most...governance. Before an audience of company directors and investors in London in November...company is too serious to be left to its directors. ********** IN FAVOUR OF THE MOTION...
|
|
Directors take Leadership on Health and Safety Guidance.
M2 Presswire;
October 29, 2007 ;
700+ words
......PRESSWIRE-29 October 2007-UK Government: Directors take Leadership on Health and Safety...M2 COMMUNICATIONS LTD RDATE:29102007 Directors have taken the initiative in drawing...safety guidelines. These will remind Directors across organisations of all sizes it...
|
|
Taking legal aim at directors, INVESTOR DIGEST
Investor Digest (Malaysia);
September 16, 2002 ;
654 words
...00-00-0000 THE ISSUE OF DIRECTORS BEING PERSONALLY liable has become...many minority shareholders making directors accountable for their actions. According...renowned corporate lawyer Lim Kien Chai, directors have for a long time had this legal...
|
|
The Skinny on Directors' Duties
Community Banker;
November 1, 2005 ;
700+ words
......Sarbanes-Oxley Did Not Change, and What Directors Better Not Forget It may be hard to remember this, but before July 2002, corporate directors did not spend their time attending Sarbanes-Oxl...Sarbanes-Oxley, and all the perceived changes to directors' duties, it's important to keep in mind...
|
|
States act on liability crisis. (officers' and directors' liability...
ABA Banking Journal;
January 1, 1989 ;
592 words
......act on liability crisis The crisis in directors and officers liability insurance of the...job. The explosion of lawsuits against directors and officers, and the hardening of the...market, have made outside, independent directors think twice about serving on corporate...
|
See all results.
Or, try our
Advanced Search.
|