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Entries for the ‘Newsmakers’ Category

Republicans beware: Seeking blood usually leaves you bloody

In the fall of 1996, I sat inside weekly strategy meetings of conservative activists, as part of research for my book, Gang of Five, chronicling the rise of the baby-boomer right. The war-room host was famed anti-tax activist Grover Norquist and with B…

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"The Social Network" mystery: Where are the lawsuits?

If you believe what the folks at Facebook have been telling the press, there’s a lot in the new movie, “The Social Network” that’s just plain fiction — especially about the company’s co-creator and chief executive, Mark Zuckerberg. Aaron Sorkin, the s…

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Johnson & Johnson CEO Bill Weldon’s painful year

What started last year as a series of small drug recalls at Johnson & Johnson exploded this summer into a full-blown crisis in quality control. But for months there was nary a peep from CEO Bill Weldon.

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Skilling speaks: Enron CEO’s jailhouse interview

When Jeff Skilling, the former Enron CEO, was convicted on 19 counts, the headline of the Houston Chronicle read “Guilty! Guilty!” Sentenced to 24-plus years in prison, Skilling had been a wealthy executive who went too far in pursuit of profit and cau…

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John Wooden’s best coaching tip: Listen

Former UCLA Coach John Wooden passed away Friday June 4th. He is widely considered the greatest basketball coach of all time, and many believe he is the greatest coach of any sport. Wooden won ten national championships in his years 16 years at UCLA. A…

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Eliot Spitzer, anchorman?

Why would Eliot Spitzer want to become a TV host?

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The man who made people see profit in poverty

As a management writer for many years, I met more than my share of self-professed “gurus.” They spanned the gamut from publicity-seeking quacks to deep-in-the-mud academics to — occasionally — truly brilliant and devoted thinkers who used their minds…

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Oprah to end talk show in 2011

Oprah Winfrey knows how to keep viewers on the edge of their seats.

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Madoff accountant pleads guilty

The longtime accountant of convicted swindler Bernard Madoff pleaded guilty Tuesday to multiple fraud charges in connection to Madoff’s notorious, decades-long Ponzi scheme.

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Who cares if Wall Street ‘talent’ leaves?

There’s no need to fear a Wall Street brain drain — despite the crackdown on pay by Washington.

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No 2009 pay for BofA CEO Ken Lewis

In the past, Bank of America Chief Executive Officer Ken Lewis has received an annual salary of $1.5 million. But this year he will get nothing.

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Bruce Wasserstein, Lazard CEO, dies at 61

Bruce Wasserstein, chief executive of asset management firm Lazard, died Wednesday. He was 61 years old.

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A test case for Wall Street justice

Despite all the finger-pointing over who’s to blame for the worst financial crisis since the Great Depression, just two prominent players face criminal charges.

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GM loses top executive

General Motors is losing its top U.S. sales executive, a key player in the automaker’s reorganization, to a job in another industry, CEO Fritz Henderson announced Wednesday.

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America’s most tone deaf CEO

Since being named AIG’s chief executive in August, Robert Benmosche’s brashness has unnerved board members and raised the ire of Congress.

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BofA CEO: $53 million retirement score

Ken Lewis doesn’t have a golden parachute, but he’s all set for a comfortable landing — unlike his long-suffering shareholders.

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Buffett praises BofA’s Ken Lewis — not!

Warren Buffett came to bury Ken Lewis, not to praise him.

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Lawmakers grill SEC on Madoff

Senate lawmakers took the Securities and Exchange Commission to task Thursday for failing to prevent Bernard Madoff from perpetrating one of the largest financial frauds in U.S. history.

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Josie Natori’s stylish evolution

Josie Natori followed her business dreams from the Philippines to Wall Street. But after nine years as a banker, she needed a more creative outlet. In 1977 she launched a lingerie company with an East-meets-West flair. Today her brand includes four…

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Who is signing your money?

Treasury Secretary Tim Geithner has been waiting to sign your money for seven months, and he’ll have to wait just a bit longer.

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