Detail The Power Broker and the Biggest Bank Failure of the Year   Oleh:  O'keefe, Brian Jenis: Article from Bulletin/Magazine Dalam koleksi: Fortune vol. 160 no. 7 (Oct. 2009), page 46. Topik: Bobby Lowder; Alabama's Colonial Bank; Credit Crisis Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: FF16.41 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Just after 9 a.m. on a humid Friday in late September, the trustees of Auburn University gather in a campus hotel conference room for their first meeting of the new school year. Even this early in the day there's a bit of electricity in the air. It is football season, it's a home-game weekend, and expectations are running high. The Tigers have a new coach and are undefeated through their first three games. When 87,000 orange-and-blue-clad fans gather in Jordan-Hare stadium on Saturday night to watch Auburn vanquish another overmatched out-of-conference visitor, chests will be puffed up. But first a bit of higher-ed theater must be played out. Auburn is a state-funded school, and the trustees' meetings are open to the public. More than 100 university staffers, faculty, reporters, and interested citizens have gathered this morning to watch the board tend to school business. After presentations from the audit and compensation committees, the focus turns to the school's 2010 budget and to Robert E. "Bobby" Lowder, the chairman of the finance committee and the longest-serving member of the board. Because of the ailing economy, Auburn is looking at a drop-off of close to $100 million in state funding from 2008 to 2010, and hard choices need to be made. "What we're facing here is a tough situation," says Lowder. "And it could get worse." Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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