Anyone who thinks they can make it in the trading or hedge fund business at this point is smoking crack. You might as well put your money in that pipe and smoke it also. Three types of people, and only three types of people, make money in the stock market. Read More
Bill Gates and former United Nations Secretary General Kofi Annan are among the friends of Rajat Gupta who have penned letters to Judge Jed Rakoff seeking leniency when the convicted insider trader is sentenced later this month.
A lobbying group backed by Elliott Management’s Paul Singer enlisted the American Agriculture Movement, the American Read More
Though a bit more on the fantastical side, this clip shows Steve Jobs defeating Bill Gates in a light saber duel, taking the Darth Vader helmet from him, and then becoming the villain himself. It’s this video that Andrew Leonard at Slate dissected when analyzing whether or not these Next Media Animation Read More
Last week, with a rollout that included an endorsement from George Lucas and a letter from Larry Ellison, Bill Gates and Warren Buffett announced that dozens of billionaires had pledged to give away half their fortunes. The list, which included corporate raider Ron Perelman, mortgage billionaires Marion and Herbert Sandler, Citigroup architect Sandy Read More
“I’ve long stated that I enjoy making money, and I enjoy giving it away,” T. Boone Pickens said in his letter pledging to give roughly $200 million to charity. “I like making money more, but giving it away is a close second.”
He is one of 40 super-rich people and families who, after Read More
Watching Jon Stewart use Capn’ Crunch as the logo for climate cap and trade regulation the other night started me thinking about the need for our society to get more sophisticated about its understanding of economics, policy, and science. My reaction to the pitiful state of our public policy dialogue is what you might expect Read More
Matthew Caldecutt’s first cell phone was the size of a brick. During the mid-’90s, as a teenager in Rego Park, Queens, he bought an Audiovox model from Verizon—a clunker of a phone that could make calls and send text messages. Most of his friends didn’t have mobile phones yet, but they did have computers, so Read More
Less than a month ago, Microsoft announced that it had tapped comedian Jerry Seinfeld for its "hip" new Windows Vista ads (also featuring Microsoft chairman Bill Gates) that were going to finally stand up to Apple’s wildly popular "I’m a Mac, I’m a PC" commercials. But now, the Wall Street Read More
Microsoft Corp. has retaliated against Apple’s clever, youth-targeted ads by writing a $10 million check to Jerry Seinfeld to appear in its new ad campaign, according to The Wall Street Journal.
The company, whose recent quarterly profit growth has been upstaged by Apple, is hoping that the 54-year-old comedian will help make Read More
Michael Bloomberg has joined Bill Gates in Times Square this afternoon to announce a $500 million initiative to curb tobacco use in developing countries.
“I’m delighted Bill and Melinda Gates are supporting one of the most important public health efforts of our time,” Bloomberg said in a public statement released prior to the event. The Read More