Word: moneyitis
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Show Me the Money...
...studying industrial design and father to an 8-month-old boy, Jax. Lamott didn't expect to become a grandmother this soon (she's about to turn 56). "My heart sank," she admits. "But I have written a lot of books about faith, and it was really money-where-your-mouth-is time." Jax "has just been an absolute blessing every step of the way," she says. She keeps perspective: it's better to gain a child to love than to lose one. And being a grandmother is a blast, she says. "It really is like the bonus round...
...years right after 1913 were an anxious time for Matisse. Born in 1869, he entered his mid-40s more visible than ever in the art world, but with work that to the French was still an eyesore. Though for the first time he was making enough money from his art to buy his family a comfortable house in a Paris suburb, much of his income derived from a single Russian patron, Sergei Shchukin, a wealthy merchant willing to fill his drawing room with Matisse's most difficult pictures while Moscow society snickered. (See the top 10 art exhibitions...
...limos, chartered aircraft and sex clubs are where they think their donors' money should be spent, who are we to judge...
Meanwhile, Brown's new spin-off will absorb Motorola's $3 billion in debt. But the split also means his charge will be able to keep the strong cash flow. "We will reinvest some of that money in expanded innovation, and we can consider ways to grow the firm organically or potentially through acquisitions," Brown says. "It will also be easier to attract world-class talent to a world-class firm rather than one in transition." Perhaps two heads will prove, after all, to be better than...