Word: managerized
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Waving a Cohiba cigar in his expansive office overlooking downtown Montgomery, Ala., David Bronner talks enthusiastically about his investments: in an airline just reorganized after bankruptcy, a chain of luxury golf resorts and a group of television stations. Is he a gunslinging Sunbelt entrepreneur in the mold of Ted Turner...
Such big bets on synergy aren't the typical way to provide for the golden years of assistant principals and highway patrol officers. Most state pension funds are staid, blue-chip investors that focus on earning steady returns. But since taking over RSA in the early 1970s, when it was...
To gain effective control of US Airways, RSA outbid by 20% the Texas Pacific Group, based in Fort Worth, a private-equity outfit with long experience investing in distressed airlines. RSA has plunged into a battered industry that has bedeviled even value-stock gurus like Warren Buffett, who once described...
Emblematic of this trend is Beaverton, Ore., credit union First Technology, whose motto is "Banking outside the box." First Tech's 116,000 members include thousands of young workers from firms such as Microsoft and Intel. On its website, members can do basic banking, apply for a mortgage or learn...
But according to HSA Storage Manager Ed W. Naim ’04, students had suggested HSA-sponsored storage in the past.