King, who oversaw the UK's bailouts of Royal Bank of Scotland and Lloyds Bank as the 2008 financial crisis struck, also believes "another crisis is certain" and says that central bankers need to have the "courage to undertake bold reforms" to safeguard against it.
Boston Common photograph by John Tlumacki/globe staff; ICA photograph by David L.
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Others are speculating that this could lead to Microsoft exiting some elements of its hardware business, such as Windows Phones.
However, Mary Jo Foley at ZDNet says she isn’t buying that.
It is situated across the Rhine River (Germany is on the other side).
This produces an amazing mixture of French and German culture.
(Of course, declaring a reorg and getting teams to actually work together are two different things.) The executive changes bring tons of internal political implications at the highest levels of the company.
With the changes, Myerson has “quickly become the most powerful guy at Microsoft under Satya Nadella,” says Business Insider’s Julie Bort.
Greece has been in a contracted depression since 2008 but many observers believe bailouts from the IMF and other central bankers have exacerbated the problem by forcing harsh austerity measures on the country that depress growth.
Greece's outspoken former Finance Minister Yanis Varoufakis compared the bailout reforms to being "fiscally waterboarded." Lord King appears to echo this sentiment and The Telegraph says he argued that "the only way to plot a route back to economic growth and full employment" is for Greece and other weak eurozone states to readopt their national currencies, effectively leaving the eurozone.
Ideally, the combination would portend more seamless connections between Microsoft’s hardware and software.