Word: stockings
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...follows the usual private-equity script, Cerberus will try in a few years to take a slimmed-down, more competitive Chrysler public on the stock exchange or sell it to another automaker. More than any other single factor, it will be Cerberus' efforts to cut health-care spending on retirees that will determine whether it can do so at a big profit...
...pounce; since he's at 12% in the polls-tied with John Edwards, without even being in the race-he would easily get on the primary ballots if he declared before the deadlines. He may not be rich enough to self-finance, but with his Apple and Google stock, Web following and Silicon Valley connections, money wouldn't be a huge problem either. "He just has to say the word," says a wealthy friend. But those who know him well would be very surprised if it happened. He hasn't built a shadow organization. His travel isn't calibrated...
...where Jobs invited him to join the board in 2003, Gore patiently nudged the CEO to adopt a new Greener Apple program that will eliminate toxic chemicals from the company's products by next year. Last summer, Gore led the committee that investigated an Apple scandal-the backdating of stock options in the years before Gore joined the board-and cleared Jobs of wrongdoing. Political people were surprised Gore took that controversial assignment. "That's silly," he says...
...Jones. A decade ago, two of the younger Bancroft cousins began agitating for more shareholder-friendly management. They've gotten their way, to an extent. For the first time since Hugh Bancroft, the company has a CEO who didn't rise through the reporting and editing ranks. But the stock continued to flounder until Murdoch came along with his hugely attractive offer...
...company is a family enterprise too . He inherited Australia's Adelaide News from his father in 1952, and his children will get his stake in News Corp. It's yet another dual-share setup, with the Murdochs holding (after a share swap currently awaiting regulatory approval) 13% of company stock and 39% of the votes...