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Texas mogul Stanford surrenders to FBI
By CNNMoney on June 19, 2009
Read full story for latest details. Read the full story on CNNMoney
Posted in Newsmakers |
My death-defying climb with Jim Collins
By CNNMoney on June 2, 2009
It’s 7 a.m. when I park in front of Jim Collins’ house in Boulder, Colo. He’s already out front, slim and wiry, his 50 years given away by nearly-white hair. Collins looks up from sorting piles of hooks, harnesses, ropes and cantilevered clasps. “Want to see where we’re going?” he says. Collins is energized, caffeinated, [...]
Posted in Newsmakers |
The Chinese give Tim Geithner a warm welcome – to a point.
By CNNMoney on June 2, 2009
When the Treasury Secretary met with leaders in Beijing to offer assurances that the U.S. can repay its debts, he received a somewhat sympathetic ear. Read the full story on CNNMoney
Posted in Newsmakers |
Mark Bloom goes from jet setter to pauper
By CNNMoney on May 27, 2009
In the annals of fraud, hedge fund manager Mark Bloom will probably be remembered for two details. First, his alleged $20 million scam tipped off regulators to the larger, purported $554 million one at the brokerage firm WG Trading. Second, the former big spender is now so cash-strapped that he’s planning on using a public [...]
Posted in Newsmakers |
Nominee for Manhattan U.S. Attorney: A nonpartisan star
By CNNMoney on May 22, 2009
When President Barack Obama nominated Preetinder S. Bharara last week to become the new U.S. Attorney for the Southern District of New York, which includes Manhattan, there was some cheap-shot snickering about a purported irony. Bharara, as Senator Charles Schumer’s chief counsel, had spearheaded the Senate Judiciary Committee’s investigation into former Attorney General Alberto Gonzales’s [...]
Posted in Newsmakers |
Xerox CEO Anne Mulcahy steps down
By CNNMoney on May 21, 2009
Xerox Chairman and Chief Executive Officer Anne Mulcahy will pass the torch to the current president, Ursula Burns, effective July 1, according to a statement from the company. Mulcahy will remain as the chairman of the board. Read the full story on CNNMoney
Posted in Newsmakers |
Oprah’s Skypefest draws backlash
By CNNMoney on May 21, 2009
Oprah Winfrey’s tastemaking power is legendary. A spot on her book club list is a Holy Grail for authors, who are all but guaranteed a bestseller. Under her tutelage, the likes of Dr. Phil, Tyra Banks and Rachael Ray have shot to stardom. A few comments on her show can make or break a product. [...]
Posted in Newsmakers |
Four Seasons’ recession-proof philosophy
By CNNMoney on May 7, 2009
After spending nearly five decades building the Four Seasons Hotels out of a motor lodge he started in 1961, Four Seasons founder and CEO Isadore Sharp is telling his story. It’s captured in his new book, “Four Seasons: The Story of a Business Philosophy,” which hit bookstores this week. Read the full story on CNNMoney
Posted in Newsmakers | Tagged Business |
Buffett: Berkshire Hathaway looking to deal
By CNNMoney on May 4, 2009
Berkshire Hathaway is ready to make a deal at the right price, but it has nothing in its shopping cart right now, CEO Warren Buffett said Sunday. Read the full story on CNNMoney
Posted in Newsmakers |
Buffett: Berkshire looking to deal
By CNNMoney on May 3, 2009
Berkshire Hathaway is ready to make a deal at the right price, but it has nothing in its shopping cart right now, CEO Warren Buffett said Sunday. Read the full story on CNNMoney
Posted in Newsmakers |
Warren Buffett: Inflation on the horizon
By CNNMoney on May 2, 2009
Berkshire Hathaway chief Warren Buffett defended the government’s handling of the economic crisis, but warned that the purchasing power of the dollar may fall as policymakers stretch to finance expensive rescue plans. Read the full story on CNNMoney
Posted in Newsmakers | Tagged finance |
Buffett fans are ready to meet their man
By CNNMoney on May 2, 2009
Warren Buffett’s Berkshire Hathaway had its worst year ever in 2008. But for the throng gathering in Omaha on Saturday for the annual shareholder meeting, that’s ancient history. Read the full story on CNNMoney
Posted in Newsmakers |
Buffett fans set for ‘capitalist Woodstock’
By CNNMoney on May 1, 2009
Warren Buffett’s Berkshire Hathaway had its worst year ever in 2008. But for the throng gathering in Omaha for Saturday’s annual shareholder meeting, that’s ancient history. Read the full story on CNNMoney
Posted in Newsmakers |
Is Bear’s Alan Schwartz headed to Goldman Sachs?
By CNNMoney on April 28, 2009
One of the few remaining mysteries from the fall of Bear Stearns is where’s Alan Schwartz? Schwartz, as you may remember, was the affable M&A banker who had the misfortune of becoming Bear Stearns CEO in January 2008, two months before the 85-year-old firm collapsed. Read the full story on CNNMoney
Posted in Newsmakers |
Chuteless in Detroit
By CNNMoney on April 27, 2009
You don’t hear many nice things these days about General Motors’ deposed chief executive, Rick Wagoner, or the board of directors that supported him for so long. But the board did do one thing right: It didn’t give him or his colleagues golden parachutes – those huge payments that companies typically lavish on top honchos [...]
Posted in Newsmakers |
How Bernie did it
By CNNMoney on April 24, 2009
Editor’s note: This story contains profanity. Read the full story on CNNMoney
Posted in Newsmakers |
Climate crusader
By CNNMoney on April 14, 2009
As head of the EPA under Bill Clinton, Carol Browner earned a reputation as someone unafraid of standing up to big business. The politically savvy Browner, 54, is now tasked with streamlining and coordinating President Obama’s environmental agenda in the newly created position of assistant to the President for energy and climate change. A protege [...]
Posted in Newsmakers | Tagged Business |
Stanford: Receiver is wasting assets
By CNNMoney on April 8, 2009
Read full story for latest details. Read the full story on CNNMoney
Posted in Newsmakers |
Secrets of the TV pitchmen
By CNNMoney on April 6, 2009
Even when Billy Mays is relaxing, the bearded TV pitchman can’t keep from selling. “Hi, Billy Mays here for Kaboom!” he bellows, holding up an imaginary bottle of bathroom cleaner as a group of middle-aged women giggle on a sofa. Read the full story on CNNMoney
Posted in Newsmakers |
The fraudster ate my homework
By CNNMoney on April 3, 2009
Add Bernie Madoff and Marc Dreier to the long list of excuses grownups now use to buy more time. Think of it as the “dog ate my homework” for federal prosecutors. Read the full story on CNNMoney
Posted in Newsmakers |
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