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That's where the board members come in.
And that is where the board failed dismally.
Think of Dynegy, where the board resigned en masse after two failed sale attempts.
This was clearly not a case where the board was asleep at the wheel.
He said the group "will take over" where the board left off.
Mr. Summers has declined to comment, and it is not clear where the board stands.
In an interview, Ms. Liebman declined to discuss the areas where the board might use rule-making.
But where the board and Haji-Ioannou were on Monday united was in expressing delight at the impending elevation.
Some had made the 30-mile trip to the hotel where the board met, while others rallied at the campus.
SK Most has a controlling stake in Millennium Bank, where the board of directors at one point included Mr Yakunin's wife, and which supports his church activities.
The board said it had sent two additional investigators to Seattle, where the board was working with the Federal Aviation Administration to review work at Boeing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com