Category: Leadership

What the NRA is Assuming (and Why They are Wrong)

What the NRA is Assuming (and Why They are Wrong)

  Like millions of Americans, I was deeply shaken by the horrible tragedy that unfolded at Sandy Hook elementary school in Newtown Connecticut one week ago today.  As a father, as an American –...

Diesel Jeans Mogul Renzo Rosso Joins Ranks Of Forbes Billionaires

Diesel Jeans Mogul Renzo Rosso Joins Ranks Of Forbes Billionaires

      Blue jeans may be an American invention, but 57-year-old Italian entrepreneur Renzo Rosso has built a global empire by turning jeans into high-end fashion.  In turn, he’s earned a spot on...

Uncle Sam Wants You To Design His Next Fighting Vehicle

Uncle Sam Wants You To Design His Next Fighting Vehicle

      The United States Department of Defense wants members of the public to unleash their inner Tony Stark and help design a new amphibious infantry vehicle. And they’ll pay you a million...

Americans Replace Student Loan Bills With Tax Bills

Americans Replace Student Loan Bills With Tax Bills

  Wipe our Debt (Photo credit: Images_of_Money) Americans now owe an astonishing $956 billion in student loan debt. The rate of student loan debt outpaced inflation last year – and keeps climbing. I should...

Merck Niacin Drug Failure Could Have Broad Repercussions

Merck Niacin Drug Failure Could Have Broad Repercussions

    Merck’s niacin-containing  cholesterol drug, sold under the brand name Tredaptive in Europe but still considered experimental here in the U.S., failed to prevent heart attacks, strokes, and heart procedures in a large...

Billionaire Leon Black’s Big 2012 Private Equity Stock Comeback

Billionaire Leon Black’s Big 2012 Private Equity Stock Comeback

    In March 2009, Leon Black’s Apollo Global Management conducted its long-awaited initial public offering. The IPO priced at $19 a share, raising $565 million, and the stock promptly sunk. It dropped on...

IntercontinentalExchange Finally Wins NYSE Euronext For $8.2 Billion

IntercontinentalExchange Finally Wins NYSE Euronext For $8.2 Billion

      IntercontinentalExchange, a collection of over-the-counter and options markets, will buy NYSE Euronext for $8.2 billion in a cash-and-stock deal. ICE will pay $33.12 a share, a 37% premium over yesterday’s closing...

Meet The Madoff Victims That Profited From Their Investment

Meet The Madoff Victims That Profited From Their Investment

  It could be likened to the legal version of winning the lottery – a group of investors in Bernard Madoff’s $65 billion Ponzi scheme, once on the brink of having their $141 million...

Nielsen to Buy Arbitron for About $1.26B

Nielsen to Buy Arbitron for About $1.26B

Nielsen, the dominant source of TV ratings, on Tuesday said it had agreed to buy Arbitron for about $1.26 billion to expand into radio measurement. Arbitron pays 70,000 people to carry around gadgets that...

Millionaires Are Doing Roth Conversions Before The Fiscal Cliff Hits, Should You Too?

Millionaires Are Doing Roth Conversions Before The Fiscal Cliff Hits, Should You Too?

   With tax hikes around the corner, one of the year-end tax moves in millionaires’ playbooks is converting a traditional individual retirement account into a Roth IRA. It’s a way to fight upcoming tax...