"We are counting the seconds to hold Laura and Euna in our arms."
- the families of Laura Ling and Euna Lee, on lauraandeuna.com, after North Korean President Kim Jong Il pardoned the two U.S. journalists and ordered their release. The North Korean government portrayed Bill Clinton's visit and negotiations for their freedom as a U.S. government-directed "sincere apology to Kim Jong Il for the hostile acts committed by the two MORE
Patricia Sellers - Aug 4, 2009 7:55 PM ET
Starbucks (SBUX) is one of our favorite topics on Postcards. We're in the stores everyday. We vigilantly watch CEO Howard Schultz's efforts to slash costs, revive the brand, treat employees respectfully, satisfy investors, and fight incursions by very aggressive McDonald's (MCD) and Dunkin' Donuts. Today's Wall Street Journal has an interesting story about Starbucks' latest efficiency efforts--which could compromise the brand "romance," which Schultz has long said distinguishes Starbucks, and MORE
Patricia Sellers - Aug 4, 2009 1:11 PM ET
"If you spend your whole life focused on getting from here to there, then you won't enjoy the trip."
- Sallie Krawcheck, suggesting that her move to Bank of America (BAC), announced today, isn't about chasing the golden rung--the CEO job there--but rather about fulfilling a desire "to get back in the fray." I've known Krawcheck, who had an unpleasant parting with Citigroup (C) last fall, for many years. And though MORE
Patricia Sellers - Aug 3, 2009 6:56 PM ET
by Patricia Sellers
Sallie Krawcheck has landed back at another troubled bank giant. Citigroup's (C) onetime CFO, who later headed global wealth management there and clashed with Citi CEO Vikram Pandit, has accepted a job at Bank of America (BAC).
Her new position—leading BofA's global wealth and investment management business—comes as a surprise, since she has been off the radar since Pandit demoted her last September and she left Citi soon after. MORE
Patricia Sellers - Aug 3, 2009 5:05 PM ET
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Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). Since its launch in 1998, Pattie has helped oversee Fortune's "Most Powerful Women" cover package.
A specialist at dissecting larger-than-life personalities, she has also profiled former U.S. Treasury Secretary Hank Paulson, Morgan Stanley chairman John Mack, and countless CEOs.
Pattie co-chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. She started at Fortune in 1984, covering the big brand companies.
In Pattie's blog, Postcards, she provides insight into the lives of super-achievers through commentary, career advice, and Guest Posts by CEOs and other leaders.
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Fortune Most Powerful Women
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