Word: foundered
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Dates: during 2000-2009
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...hard to imagine a better time to publish a book that advocates moderation, balance and integrity in the business world. In this wise meditation, Bogle, the folk-hero creator of the first index mutual fund and founder of the Vanguard Mutual Fund Group, deplores "our worship of wealth and the growing corruption of our professional ethics but ultimately the subversion of our character and values." Directly in his sights: CEOs and hedge-fund managers who draw "obscene" compensation. At this time of plunging portfolios, it is a relief to be told that "enough" is within reach...
...favorite interface is Karaoke Party karaokeparty.com) where all the songs are free. (Granted, there are only 160 of them.) Since deep down, most karaoke addicts really want to be told how good they are, the site uses a Simon Cowellesque algorithm to score your performance. Co-founder Mats Fors says that after he and his partners managed complex websites for banks, building a karaoke site was easy. "We saw the opportunity for a good karaoke solution," he says...
Though the current financial crisis may dominate the news, Teach for America founder Wendy Kopp spoke at Harvard’s Graduate School of Education yesterday afternoon about a very different crisis: that of the myriad problems facing America’s public schools today. Kopp, who serves as the CEO of the organization, was introduced by Graduate School of Education Dean Kathleen McCarthy who stated that “more undergrads than ever are seriously considering Teach for America.” After the introduction, Kopp spoke enthusiastically for half an hour about the 18-year-old program. According...
...known as the Cabinet, although you won't find that name on a letterhead or even on the Internet. Aside from Bohnett, 52; Gill, 55; Hormel, 75; Stryker, 50; and Van Ameringen, 78, the other members of the Cabinet are Jonathan Lewis (49-year-old grandson of Joseph, co-founder of Progressive Insurance) and Linda Ketner, 58, heiress to the Food Lion fortune, who is running for Congress against GOP Representative Henry Brown Jr. of South Carolina...
...founded, Geo-Cities, to Yahoo! in a deal worth $5 billion on the day it was announced; Timothy Gill of Denver, another tech multimillionaire; James Hormel of San Francisco, grandson of George, who founded the famous meat company; Jon Stryker of Kalamazoo, Mich., the billionaire grandson of the founder of medical-technology giant Stryker Corp.; and Henry van Ameringen, whose father Arnold Louis van Ameringen started a Manhattan-based import company that later became the mammoth International Flavors & Fragrances...