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...Rolling Stone] article makes a very compelling case against Goldman Sachs, but I think the problems it identifies are pervasive in financial firms and corporate America in general," says Nell Minow, who is the co-founder of the Corporate Library, a research firm that tracks corporate-governance issues. "We need to launch substantive financial reform rather than weighing the faults of one firm versus another." Minow's point is this: spend too much time on Goldman and you miss the fact of how broadly the financial system and the regulations that are supposed to keep profiteers in check failed...
...July 1, 1979, Sony Corp. introduced the Sony Walkman TPS-L2, a 14 ounce, blue-and-silver, portable cassette player with chunky buttons, headphones and a leather case. It even had a second earphone jack so that two people could listen in at once. Masaru Ibuka, Sony's co-founder, traveled often for business and would find himself lugging Sony's bulky TC-D5 cassette recorder around to listen to music. He asked Norio Ohga, then Executive Deputy President, to design a playback-only stereo version, optimized for use with headphones. Ibuka brought the result - a compact, high-quality music...
...world-famous brand can be a blessing and a curse. Ask Claude Nobs, founder and moving spirit behind the Montreux Jazz Festival, www.montreuxjazz.com, which will run for its 43rd season July 3-18 on Switzerland's Lake Geneva. Nobs, an energetic 73-year-old, was recently in London to help celebrate the 50th anniversary of his friend Chris Blackwell's Island Records, which brought everyone from Bob Marley to U2 to world prominence. Passing out leaflets for Montreux at a commemorative concert in London, Nobs says more than one hipster handed them back with the words, "Jazz? No thanks...
...eyewear manufacturers are blind to these differences. Tom Davies is the founder of London-based firm TD Tom Davies, www.tdtomdavies.com, which specializes in custom-made, fashionable face furniture. He launched his business in 2001 after spending three years designing glasses for brands including Tom Ford, Gucci and Puma. "I was frustrated that my mass-produced frames didn't really fit anyone," he says. "I wanted to create the equivalent of a bespoke suit." That vision has earned Davies fans such as Richard Branson and Kevin Spacey. (See the best new travel products, gadgets and trends...
Richman is the founder of Radio Diaries, which airs on NPR's All Things Considered