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From the category archives:
Warren Buffett is returning to the U.S. from Europe in a private jet. As his plane nears its destination, the flight attendant gives out landing cards and a warning to all eight passengers aboard. ”The customs inspector here is utterly humorless,” she says, ‘’so no wisecracks or he will tear the plane apart from fore [...]
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Tony Blair left Britain better than he found it, and now the bombers in Baghdad and the tabloids in London are someone else’s problem. Of course, he isn’t done being a world leader, with his most ambitious diplomatic mission just beginning.
The garden of the British high commissioner’s residence in Pretoria commands a fine view of [...]
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Take a close look at corporate America’s supercharged performers. Any surprises? Full article
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Being the CEO of one of the nation’s largest real estate firms didn’t stop Tom Kunz from becoming one of those homeowners who’s been hurt by the downturn in the housing market.
But not surprisingly, given his position as CEO of Century 21, Kunz thinks the investment he made in his former home in Tuscan Ranch, [...]
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“I remember there was a time when the value of his enterprises was very low,” recalls Patrick, the youngest son of Carlos Slim Helú. It was the early 1980s, and Mexico was in the depths of a massive financial crisis. Periodically the elder Slim would round up his three teenage sons for an economics lesson. [...]
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There once was a doctor who really wanted to quit his career in medicine and become a rabbi. There was a small snag. During his rabbinical studies he would have to sell his large house in an upscale neighborhood. That would mean uprooting his family, so he consulted his three daughters. Full article
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Is that an ATM in the church lobby? Credit and debit card swipe machines in churches may startle some of the pious, but such kiosks, already present in some houses of worship, might become even more commonplace now that a new IRS regulation is in effect. Full article
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We were sitting in a Manhattan living room on a spring afternoon, and Warren Buffett had a Cherry Coke in his hand as usual. But this unremarkable scene was about to take a surprising turn. “Brace yourself,” Buffett warned with a grin. He then described a momentous change in his thinking. Within months, he said, [...]
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Perched on the edge of a bright white power sofa on the supernaturally quiet eighth floor of the News Corporation’s global headquarters, the last thing Rupert Murdoch looks like is a fire-eyed revolutionary. Starched cuffs. Courtly manner. A month past his 75th birthday. But then he starts talking. “To find something comparable, you have to [...]
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One of the biggest questions crying out the loudest from the scandal of backdating stock options is, “Why now”? As new companies announce daily that they’re investigating their stock option practices or that they’ve received inquiries from the SEC or federal prosecutors - United Health Group, Caremark Rx, (Research) and Juniper Networks (Research) are among [...]
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