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...acre (1,000 hectare) Neverland estate and the hosting of an army of parasitic hangers-on, pseudo advisers and business partners whose main concern did not seem to be him. Says a source with knowledge of Jackson's finances: "All these other guys tried to set these deals up - lucrative deals up - everything from starting theme parks in different countries to other brand-extension-type ideas. They were trying to set up deals and take fees regardless if they made him money...
...eight months to March this year; the unattractiveness of rival currencies only made it more appealing. But, says Derrick, "that drive seems to be shifting substantially." Sure, a hint of bleak economic data can still goose the greenback - the prospect of poor U.S. payroll figures for June, set for release Thursday, has helped boost the currency in recent days - but optimism in other assets is on the rise. Global equity markets, in particular those in emerging-market countries, have performed well in recent months. China's Shanghai composite index, for instance, has shot up 63% so far this year...
...their money to Bernie Madoff. He heard about parents who worked on Wall Street no longer getting a big enough bonus to cover camp. And the list went on. To keep his loyal campers coming back, he cut some deals: while everyone paid the same, more families than ever set up payment plans. "In the macro picture, we're in the same place we've always been, but in the micro picture, we've had families who have gone through real changes," Dorfman says...
...item that's ridiculous for what its actually worth to make you think you've gotten a good deal when it's marked down. No one ever pays full price for a mattress. There's actually been a lot of litigation around mattress prices because they set those reference prices very high to make you think that you're getting a good deal. In fact, often a department store will put one mattress on so-called "sale" and raise the prices of the other mattresses so it makes it seem that that mattress is cheap. The only mattress they really...
...people I met in Sweden are the nicest people you can imagine, but they were also like a cult. Their allegiance to Ikea was just beyond belief, to the point where they weren't really thinking about what their day-to-day activities meant. They design to price: they set the price first and then do what they need to do to keep the price where it is. So whether it's a 50-cent coffee mug or a $100 table, they do what they need to do to keep the price at that point. So if that means buying...