He was also a chief architect of the federal direct-loan program, in which the government lends money to students through their colleges.

CNN: Commentary: Ted Kennedy's causes resonate with youth

Retail banks are facing the same challenges travel agencies confronted a decade ago, says John Schlesinger, chief enterprise architect at Temenos, a core banking software company.

FORBES: Outmoded IT Could "Evaporate" Big Retail Banks - Temenos

"The level of finishing and luxury of Hemisphere brings her to the category of a superyacht, " says chief naval architect Marc Van Peteghem.

CNN: A peek inside world's largest luxury catamaran