More than a year after Collins publisher Steve Ross and his boss at HarperCollins met with representatives from The Wall Street Journal to discuss the possibility of a partnership, the ink is finally dry. The first book The Journal will publish through Collins, The Wall Street Journal Guide to the End of Wall Street As Read More
Carl Icahn is a very funny guy. Seriously.
Just ask anyone who was present at the Tomorrow’s Children’s Fund Investment Conference in the late afternoon on Wednesday, May 9, where the legendary arbitrageur and raider slayed the crowd in the Grand Hyatt ballroom. A few hundred suits had gathered there to pick up stock tips Read More
Last May, as dot-com mania was blooming, Dave Kansas, the editor of TheStreet.com, became a rich guy when the financial news site went public. At the end of first day of trading, he owned $9 million worth of stock in the fledgling venture and had options to buy another $4.5 million worth for just $2,300. Read More
The investment banker turned to me and grimaced: “I can’t believe how much money that guy is making.”
“That guy” was working for an Internet startup, and his paper worth had recently soared into the hundreds of millions of dollars. The banker watched him cross the room. “If I hear about one more guy making Read More
What’s this: We’re still hung up on day traders?
As the bull market rolls on, the old-media aristocracy (most recently, The New York Times Magazine , on Nov. 21) continues to obsess over the solitary obsessions of the day traders, as though this straggling lot of wired, manic investors holds the key to understanding the Read More
