Word: mogul
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Dates: during 2000-2009
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...Curse of the Mogul, Jonathan Knee, Bruce Greenwald and Ava Seave say the biggest problem with media companies is the moguls, who have been seduced into believing that content is king, bigger is always better and talent - especially their own - is irreplaceable. So blinded are they, they have mismanaged their companies and shareholders have suffered. Co-author Knee, director of the media program at Columbia University and an investment banker with Evercore Partners, weighs in on the next big media deal, the treachery of the Internet and why the movie business sucks. (See the top 10 financial collapses...
...radically rethink the way it was operating. What needs to be done? The movie business has for a long time been a troubled business. Content has never been king. The reality is that, wonderful as it is, the value of it doesn't go to the shareholders. Movie moguls need to be smart about how to manage talent. The reason [longtime Universal Studios owner] Lew Wasserman was able to make more money than anyone was that he set the culture of the industry. In his day there was an unspoken understanding of how you did business, a culture...
...columnists nearly lost their heads interpreting the paper. Was Medvedev actually taking a stand against Putin? Were they preparing to face off for the presidency in 2012? In the weeks that followed, nearly every public intellectual responded to the piece, including former Soviet leader Mikhail Gorbachev and oil mogul Mikhail Khodorkovsky, who had been stripped of his assets and imprisoned under Putin for fraud. Most of them were skeptical. "It is absolutely clear that one leader cannot modernize the country alone, even the strongest leader, if he has no support base of his own," Khodorkovsky wrote from his prison cell...
...pretending to find everything interesting. After I told him about first hooking up with my college girlfriend, Strauss said something similar had happened to Navarro at the Playboy mansion. "Except Navarro was also shooting up and spraying his blood on the walls," he said. (See pictures of Playboy mogul Hugh Hefner...
...federal prison is still mired in sharply conflicting accounts. Justice officials claim that Birkenfeld was not completely forthcoming about his own dealings with particular clients, especially his biggest, the billionaire Olenicoff. Even as he was talking to the feds, they say, Birkenfeld was secretly advising the real estate mogul to move his money from UBS to Liechtenstein banks. (Olenicoff eventually settled for $53 million in tax and penalties...