Word: moneymen
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...congratulate your magazine for its great journalism of recent weeks. For us on Main Street who are not up with the latest economic lingo, the clear and understandable articles have kept me well informed. It's a shame that the policymakers and moneymen of this world are not as informed about history as Professor Ferguson, and don't realize it always repeats itself. Jason Williams, CARDIFF BAY, CARDIFF...
...really asked itself before: Did the City become too successful for its own good? The increasing dependence on financial services has brought in fabulous wealth in the past 15 years, but it has also left the British capital at the mercy of the ups and downs of the moneymen. As finance has soared as a proportion of the local economy, it has eclipsed other sectors. London was once a major center for industry, for example, but manufacturing now accounts for just 6% of the city's output, half the proportion of two decades ago. Has London become too reliant...
...Rothko," a quietly devastating show of his late work running at London's Tate Modern. By the time he made them, Rothko was at the height of his powers as an artist. He was also a favorite among rich collectors, which didn't sit well with him. Were the moneymen buying his beckoning fogbanks of color simply because they found them decorative? Possibly; that may be one reason why, in 1957, his palette darkened. Nothing about a glowering picture like Four Darks in Red, completed in 1958, suggests it was painted to go with the curtains...
...Anheuser-Busch, the St. Louis superbrewer, is the unhappy target of a $46.35 billion takeover attempt by InBev, a Belgian company run by Brazilian moneymen, which is the world's No. 1 beermaker - its accumulated brands include Stella Artois, Beck's, Labatt and Bass. InBev is known for squeezing the fat from its acquisitions, and the people of St. Louis worry that the good jobs and corporate philanthropy Anheuser-Busch is known for will fall into the category...
...faster than any other campaign ever had. Its candidate was drawing mega-crowds wherever he went. Yet he was still running at least 20 points behind Hillary Clinton in polls. His above-the-fray brand of politics just wasn't getting the job done, and some of his top moneymen were urging him to rethink his strategy, shake up his staff, go negative. You'd better get here, Pritzker told Obama. And fast...