Zitat des Tages von Carol Loomis:
I didn't want to be a 'Fortune' writer who was constrained in any way.
A buyback is itself a special kind of acquisition, made at prices that are typically a bargain compared with those a company must pay for an outside purchase.
In general, the hedge funds were clobbered by the 1969 bear market, ending up in many cases with records that were worse than those put together by aggressive mutual funds denied the luxury of short sales.
In 1980, aided by $1.5 billion in loan guarantees from the U.S. government and his own pitchman routines on television, Lee Iacocca brought Chrysler back from the abyss.
The goal of the program, called Giving With Purpose, is to teach college students - and anyone else who cares to register - how to beneficially contribute to charity. That's not necessarily easy. There are IRS rules for giving that must be learned, and there is wayward, wasteful philanthropy to be avoided.
Carl Icahn, corporate raider by trade, is creative, a scrambler, and certainly not to be underestimated.
I have never met a document I don't like.
If a company's stock is undervalued - as many managers believe theirs is - a repurchase may offer the best payoff of all.
There is a certain oddity to Larry Fink having problems in Washington. He is a strong Democrat who has close ties to President Obama and has often been rumored as set to take a big administration job, such as Secretary of the Treasury.
Limited partnerships are required to amend their filings whenever important changes, such as the admission of new partners, take place.
I will confess that almost all my inspiration has come from one emotion: fear. And terrible dread of the moment when I will finally be exposed as a fraud.
The 'Fortune' I came to work for on Jan. 25, 1954, was a monthly, with pages significantly larger than what you're reading; 'art' covers that did not relate to stories inside; and a newsstand price of $1.25.
Larry Fink, 61, tall and outgoing and passionate about his business, is the chairman, CEO, and co-founder of the largest asset-management company in the world, BlackRock.
It is the instinctive wish of most American businesspeople, even those unlikely to be directly affected, that General Motors not go bankrupt.
Throughout his remarkable business and government career, Robert Rubin, now 65, has both worked exhaustively at reaching well-founded conclusions and rejected the idea that anything - and he means anything - can be a 'provable certainty.'
