Word: betting
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...money now? Business schools are adding courses on Enron to their fall lineup; a new book, How Companies Lie, promises to help investors see through the smoke and break the mirrors of corporate accounting. People say they have stopped investing and play poker instead; it's a safer bet. The Wall Street Journal profiles the barber who has given up on cnbc and now takes longer walks with his wife because he knows he has to stay in shape--he'll be working more years than he had thought. Fully one-third of Americans between 50 and 64 said they...
...board members' terms are "nonrenewable." Of course there is always the possibility that the French will swallow their pride and let the position fall to a capable outsider. But although the E.C.B. sets crucial monetary policy for 12 nations and prides itself on independence from politics, that's a bet few seasoned gamblers would take. INTELLECTUAL PROPERTY A Fight for the Rights to Silence When Mike Batt, British writer of cutesy hits like Art Garfunkel's Bright Eyes, was finishing his latest work, Classical Graffiti, an album of pop-classic arrange-ments by the Planets, he was careful to credit...
...published writer of cheesy love songs, Bronfman made a big bet on the music business in 1998, shelling out $10.4 billion to buy Polygram. Unfortunately, with digital piracy starting to take a chunk out of CD sales, his timing isn't looking great. "I wouldn't leave him with a kindergarten class. I think he has shown a lack of ability to manage anything," says Michael Palmer, president of Toronto-based Veritas Investment Research...
...than 50% of the worldwide market for wind-energy technology. "Our overall goal is to make Denmark into the Silicon Valley of wind turbines," says Peter Hjuler Jensen, head of the wind program at the Ris? National Laboratory outside Copenhagen. Denmark is not the only European country to have bet heavily on the breeze. Germany now has the world's largest installed base of wind turbines, totaling 8,734 megawatts, which reflects average growth of 45% a year over the past three years. Ironically, Germany has some of the worst wind resources in Europe. But what's made the difference...
...money now? Business schools are adding courses on Enron to their fall lineup; a new book, How Companies Lie, promises to help investors see through the smoke and break the mirrors of corporate accounting. People say they have stopped investing and play poker instead; it's a safer bet. The Wall Street Journal profiles the barber who has given up on CNBC and now takes longer walks with his wife because he knows he has to stay in shape-he'll be working more years than he had thought. Fully one-third of Americans between 50 and 64 said they...