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Also, the company indicated in its IPO filing that the Pritzker family plans to retain control of the company through the issuance of two classes of shares, where family members will hold special Class B shares that entitle them to have 10 times the number of votes than those allowed by common shares. Indeed, the filing warns investors that "the concentrated control will limit your ability to influence corporate matters, and the interests of the Pritzker family business interests may not coincide with our interests or your interests...

Author: /time Magazine | Title: Hyatt's IPO: Bad Timing or Family Necessity? | 9/9/2009 | See Source »

...full premium. "Two classes of stock with two different voting powers is generally viewed negatively by institutional investors," says John Arabia, a managing director at Green Street Advisors of Newport Beach, Calif. "You could get into a situation where somebody owns more of the company but has less control...

Author: /time Magazine | Title: Hyatt's IPO: Bad Timing or Family Necessity? | 9/9/2009 | See Source »

...ever go to therapy for your eating issues? No, I never did. When I was behaving badly - throwing up meals, taking amphetamines to control my appetite - I was always able to cut the behavior off on my own. I developed this belief that I was O.K. because I could pull myself back from the brink. I might not have ended up as heavy and miserable as I was in my mid-30s if I had dealt with all these issues earlier...

Author: /time Magazine | Title: Frank Bruni, Author and Restaurant Critic | 9/8/2009 | See Source »

...your role as a restaurant critic? Or did it work against you? I think a little bit of both. You can't do this job without loving food in a deep and expansive way. My relationship with food was a love-hate relationship. I hated my inability to control my intake and I hated what food would do to my body, but the love part was real and deep. My family taught me that food was worth caring about and sweating over. I still believe that. (See a special report on the science of appetite...

Author: /time Magazine | Title: Frank Bruni, Author and Restaurant Critic | 9/8/2009 | See Source »

...State Department officials were hesitant to confront the North with the intelligence in the fall of 2002 that there was a program for highly enriched uranium (HEU), while Bush Administration officials, such as John Bolton - one of the so-called neocons, then serving as Undersecretary of State for Arms Control and International Security Affairs - wanted to use it (and did) as "the hammer I had been looking for to shatter" the nuclear deal done by the Clinton Administration, as Bolton once put it. Once the U.S. re-engaged with North Korea under Bush, the CIA walked back a bit from...

Author: /time Magazine | Title: North Korea: No More Mr. Nice Guy, Once Again | 9/8/2009 | See Source »

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