Word: ownerships
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Dates: during 2000-2009
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That same discipline has kept him from investing in an all-business-class airline (not enough weekend traffic) or one for the Indian domestic market (too much competition, too many restrictive ownership rules). And it allows him to do things that, on the surface, appear extraordinarily risky. His pledge to devote all the profits from his transportation businesses to fighting global warming, for example, is actually just a decision to channel some of Virgin Group's money, up to $3 billion over a decade, into a wide range of environmental companies, some of them as prosaic as a start...
...Mitchell and some of his friends in the London financial community are trying to fix what he calls a "market failure." On March 28 the financial group Canopy Capital announced that it would pay the Iwokrama forest reserve in the tiny South American country of Guyana in return for ownership of the forest's ecosystem services and a claim on any profits that might one day be made on them. Canopy Capital wouldn't say how big the deal was, but the firm's managing director Hylton Philipson said it would cover a significant chunk of the reserve...
...country is merely regaining its former glory. The Chinese have been pulling gold from the earth since the Song dynasty 1,000 years ago. But after the communist takeover in 1949, mining went dormant for decades. Personal ownership of gold was banned as a bourgeois extravagance, and production rarely broke 20 tons a year. That started to change with economic reform in the 1990s. Small wildcat operations began to proliferate, and these relatively unsophisticated outfits dominate the sector today. While countries such as South Africa, Australia, the U.S. and Canada get most of their production from a few dozen large...
...perception of the public good," writes Brian Rogers, McCain's campaign spokesman, in an e-mail. His position in favor of Ergen, aides say, was nothing other than an effort to bring more competition to cable providers, to lower prices for consumers. Likewise, his opposition to FCC ownership caps for television stations resulted from a long-standing belief that technological changes had made the old laws obsolete...
Angelo Mozilo Enabling home ownership seems so noble--until lending standards surrender to greed. Under CEO Mozilo, marquee mortgage shop Countrywide helped legitimize the flood of subprime, teaser-rate and no-income-verification loans...