Sublime
An inspiration engine for ideas
Joe’s rapid accumulation of wealth began with his departure from the bank and appointment as assistant general manager of Bethlehem Steel’s Fore River shipbuilding plant in Quincy, Massachusetts. Though a salary of $15,000 a year was not enough to make Joe a wealthy man, his defense work assuaged his conscience about avoiding military service. More
... See moreJ SADLER
@jsadler
Determined to protect his newfound wealth, Berlekamp bought top-rated municipal bonds, but a rumor in the spring of 1986 that Congress might remove the tax-free status of those investments crushed their value. Congress never acted, but the experience taught Berlekamp that investors sometimes act irrationally.
Gregory Zuckerman • The Man Who Solved the Market
Coulter
@coulter
Joleen Bishop
@joleenbishop
J.J. Watson-MacKay
@jjwm
Pronouns He/Him/His
🦒
My Lens 👓
Father and spoonie, doing my best to be a good-ancestor.
🐢
Forever student, endlessly curious and happy to share an Entry-Point, Boon, or expression of Community Care. Studying in the Masters in Library and Information Studies program at UBC in Vancouver, Canada.
Wasserstein & Co. and Highfields Capital Management LP bought the specialty-food retailer Harry & David, they also forced the company into bankruptcy and pushed pension obligations onto the PBGC, but not before giving themselves $80 million in dividends. (After Harry & David went bankrupt, the CEO of Wasserstein defended its acquisition
... See moreBrendan Ballou • When Private-Equity Firms Bankrupt Their Own Companies
obscene profits.