Word: epstein
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...announced plans to raise $1 billion by selling Bombardier's recreational-products division, which makes popular Sea-Doo watercraft and Ski-Doo snowmobiles. "We have taken the measures to ensure we will be ready when the business-jet market picks up." But as Merrill Lynch analyst Ronald Epstein points out, Embraer doesn't depend on business-jet sales, and it has invested heavily in regional-jet R and D during the market downturn. Though Embraer's 2002 revenues of $2.5 billion were less than a third of Bombardier Aerospace's, the smaller firm has captured more than a third...
With Epstein’s latest gift, it seems he is on his way to doing just that. Although—if Epstein has his way—few may know when he reaches that threshold...
...Epstein has never approached learning and living conventionally...
...problems of AIDS and economic development facing the region, to hosting the world’s elite minds at his lavish homes in New York, Palm Beach, New Mexico and his private island hideaway, to funding outreach programs to curb the spread of Cholera in Bangladesh, it seems Epstein lets his curiosities guide...
Friends and associates say Harvard stands only to benefit from his evolving relationship with the university because Epstein comes with more than just deep-pockets...