Word: warren
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...Sheila Warren...
...1980s. That swagger was staggered by a government bond-trading scandal in 1991 from which the firm never really recovered. Needing to broaden its portfolio beyond bonds to stay competitive, Salomon CEO Deryck Maughan approached Weill in August with a proposal. When Weill got the blessing of Warren Buffett, the billionaire investor who controls an 18.5% stake in Salomon that has yielded un-Buffett-like returns, the union...
...Sheila Warren...
...give away the rest of his immense fortune. "Giving away money effectively is almost as hard as earning it in the first place," he says. Sure, Bill. Tell that to someone-anyone-in need. Equally preposterous, the man in second place on the Forbes 400, investor Warren Buffett, has said he plans to wait until he and his wife have passed away to donate his $21 billion for the greater good...
...fall's new hit sitcom. But can Alley really succeed where other Cheers alums have failed? Though Kelsey Grammer's Frasier is a ratings hit for NBC, Ted Danson (Sam), Rhea Perlman (Carla) and George Wendt (Norm) have all bombed in series over the past year. NBC Entertainment president Warren Littlefield signed up Veronica's Closet for only 13 episodes, but he notes that Alley's producers, Kevin Bright, Marta Kauffman and David Crane, the creative team behind Friends, weren't just handed the precious post-Seinfeld time slot as a gift. "On other shows, producers drink wine and congratulate...