Word: stockings
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...internal probe came in response to a separate investigation spearheaded by New York Attorney General Eliot Spitzer and the U.S. Securities and Exchange Commission. Last week, it was revealed that officials are also investigating whether Greenberg attempted to prop up AIG’s stock price in the weeks before his removal...
...stake, which would make Kerkorian one of GM's largest and most potentially nettlesome stockholders. Why GM, and why now? Just a couple of months ago, when a friend broached the idea, the billionaire brushed it off. "He said, 'They have a lot of problems,'" recalls Mason. GM stock has been a dud, and despite popping 18% after Tracinda announced its stake, the company received a major blow last week when Standard & Poor's downgraded GM's credit rating to junk (along with Ford's). "Kirk thinks it's a strong company, with strong cash flow and strong assets," says...
...will be up to Stewart to even the scales with women. Sirius appeals to guys because men tend to be early technology adopters and because Sirius has bulked up on pro sports, offering channels for NBA, NFL and NHL games (assuming that hockey returns), and starting in 2007, stock-car racing via NASCAR, which Karmazin lured from XM. Sirius signed Stewart for a bargain $30 million over four years, plus a share of ad sales. It's paid to her company, Martha Stewart Living OmniMedia, in return for a 24-hour women's lifestyle channel, featuring advice to the "homemakers...
...talks he had with Sirius in 2003 about a link with Viacom. What changed his mind? Stern, for one thing, Sirius' deal with the NFL for another, and a lucrative contract to run a publicly traded company for an annual base pay of $1.25 million and 30 million stock options, worth at least $114 million, according to an estimate by Bloomberg...
Last month, Harvard sold its shares of stock in the Beijing-based oil company PetroChina after months of pressure from activists who criticized the company’s ties to the Sudanese government. The move made Harvard the first major institutional shareholder to divest from PetroChina since the Darfur crisis erupted, according to activists...