Axelrod Savings?

We were beginning to calculate what Freddy could do with the $50,000-a-month the departures of Axelrod and Clanton will save him (maintain a quarter-share of a Gulfstream V; pay Kirk Kerkorian’s child-support) when we learned that the details of the Axelrod contract mean the campaign may not be saving that much after all. Read More

Steve Wynn Wins for Losing, Courtesy of Kirk Kerkorian

BLOOMBERG NEWS–Steve Wynn seems to have hit on a unique strategy to increase his compensation: Perform so badly that your company attracts an unwanted suitor.

It’s not as though Mr. Wynn, chief executive of Mirage Resorts Inc., the Las Vegas-based hotel and casino operator, hasn’t been provided sufficient motivation. On Dec. 31, 1999, the Read More