Word: entrepreneur
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...They came back several weeks later with a total debt estimate of ?14 billion, or $18.2 billion--more than double the amount shown on the balance sheet. Ferraris went to see Calisto Tanzi, the Parmalat founder and chief executive, whom he viewed as "an excellent person, a real entrepreneur," a charismatic but steady leader who was so proficient at mathematics that he spotted calculation errors in presentations. "I expected him to say, 'Your numbers are wrong,'" Ferraris recalls. "Instead, he said, 'Eight billion, 11 billion, 14 billion--it's all the same.'" Stunned, Ferraris urged Tanzi to call...
...role in the Parmalat collapse--or, conversely, whether the foreign firms will get back any of the money they say they lost--is unclear. As for Ferraris, who is awaiting trial for market manipulation, he is "flabbergasted" by the whole affair. "I believed so much in Tanzi as an entrepreneur that I have a hard time seeing him as anything else," he says. "For 13 years I think he's a genius, and then I find out he's a crook." If Ferraris wishes he had never been seduced by Tanzi, the international banks and auditors no doubt...
...scientists began to ponder traps that could catch multiple substances and move them from one point to another. Since their plastic fantastic moment gave Grier and Dufresne 16 separate optical traps, that was enough for the University of Chicago to eventually showcase the duo to Lewis Gruber, a biotech entrepreneur and patent lawyer. Within months, he had invested in the technology, and Arryx was born, with Gruber as chief executive. Grier today is its chief scientific adviser, and a professor at New York University...
...strategy, we hope 2006’s tailgate will run much more smoothly. Finally, the ticketing system for non-student attendees was poorly publicized and inefficient. Many non-student revelers arrived at Ohiri Field only to be told to make the trek back to the Harvard Box Office; one entrepreneur nearly cashed in on the confusion and attempted to scalp tailgate tickets, but he was arrested (he also was not a student). Better communication and perhaps on-site ticket sales will be needed in the future to reduce headaches all around and ensure that alums and other partygoers are clear...
These "Merci" cards, designed by stay-at-home mom turned Web entrepreneur Gillian Dewberry, keep neat in the stainless steel So Write Cube; $50 at dewdropdesigns.com...