Word: joneses
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Dates: during 2000-2009
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RUPERT MURDOCH, when asked what would happen to the Wall Street Journal if he were to take over Dow Jones
In 1902, Boston boardinghouse owner Jessie Barron bought Dow Jones & Co., publisher of the Wall Street Journal, with a down payment of $2,500. She did this at the behest of her longtime boarder and not-so-longtime second husband, financial writer Clarence Barron. But Mrs. Barron really was the...
The Bancrofts have held a controlling stake in Dow Jones ever since. Jane's husband Hugh Bancroft was company president for a time, but since his death in 1933, the family has mostly kept its hands off. "I want you to do what's best for the company," Jane reportedly...
Now, as you have surely heard, the three dozen cousins who have a hand in voting the shares inherited from Jessie Barron face a momentous decision. Rupert Murdoch's News Corp. has offered to buy them out at a staggeringly high price--$60 a share, or 75% higher than the...
He refuses to regard De Jesus as silly: Tweed is impressed with its use of Spanish language media and even YouTube. But at the same time, he thinks it is nothing to be afraid of. Technically, Tweed notes, Crecienda en Gracia is a cult, a small group in some tension...