Word: financiere
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In movies, it's Natalie Portman. in music, it's Norah Jones. And in fashion, it's Phoebe Philo. "It," in this case, refers to a woman who, without much hype or hoopla, emerges as the leader of the pack in her field, the swan the others paddle behind like...
What does this mean for future prosecutions? The Sarbanes-Oxley corporate-reform law, passed in 2002, supersedes the one under which Andersen was tried-and it broadens the criteria that determine who may be prosecuted for obstruction of justice. Still, says Todd Jones, a corporate litigator at the Atlanta law...
Whatever Kerkorian's motives, associates say his intentions are clear. "Kirk tends to be a long-term investor, and don't let the fact that he's 87 fool you," says friend Mason, suggesting that Kerkorian will wait patiently for a GM turnaround. Says Ralph Whitworth, a financier who worked...
No question, Kerkorian still gets a kick out of high-stakes deals. In 2000 his MGM Grand bought Steve Wynn's Mirage Resorts for $6.4 billion, and last June Kerkorian snapped up the Mandalay Resort Group for $4.8 billion, giving him control of 11 hotel-casinos on the Strip and...
Along with doctors and Hollywood movie stars, professional athletes often find it easier to make money than invest it. Nonetheless, Kareem Abdul-Jabbar, 38, the basketball superstar for the Los Angeles Lakers, hopes to become a savvy financier. He is now a member of a partnership that includes eight current...