Hedge Fund Dominoes
Allan Dodds Frank is a business investigative correspondent who specializes in white collar crime. He also is President of the Overseas Press Club of America, one of the many journalism organizations that protests the arrests of journalists abroad and repression of freedom of speech.
Friday's insider-trading charges against a hedge-fund titan could be the tip of the iceberg, writes Allan Dodds Frank. Other hedge funds and the McKinsey consulting firm face scrutiny.
So the men of corporate America created the financial mess. Big surprise. Can the growing ranks of female CEOs help clean up the mess? The latest Fortune 500 rankings show a record number of women are running top companies. And while many of these women pull in relatively modest salaries, some of their companies are weathering the economic storm with relative ease. Our bet? A portfolio of the companies run by these low-testosterone executives could outperform the Fortune 500 next year. Here are five female CEOs worth watching.
Fortune 500's Biggest Losers
Allan Dodds Frank is a business investigative correspondent who specializes in white collar crime. He also is President of the Overseas Press Club of America, one of the many journalism organizations that protests the arrests of journalists abroad and repression of freedom of speech.
Look at the new Fortune 500 list and you'll see all the mighty companies that drained your 401(k), Allan Dodds Frank writes. A guide to the worst of the best.
The $1 Club
Paul Kedrosky is the editor of the business blog Infectious Greed. He's a senior fellow at the Kauffman Foundation, where he is focused on entrepreneurship, innovation, and the future of risk capital. He is also a strategist with Ten Asset Management, a Southern California institutional-money-management firm.
Starbucks CEO Howard Schultz has joined the ranks of Apple's Steve Jobs and Google's Larry Page by giving up his massive salary. The Daily Beast's Paul Kedrosky on why it's a goofy stunt destined to annoy employees and investors.
Lloyd Grove is editor at large for The Daily Beast. He is also a frequent contributor to New York magazine and was a contributing editor for Condé Nast Portfolio. He wrote a gossip column for the New York Daily News from 2003 to 2006. Prior to that, he wrote the Reliable Source column for the Washington Post, where he spent 23 years covering politics, the media, and other subjects.
Jeffrey Koterba is an acclaimed syndicated political cartoonist. Since joining the Omaha World-Herald in 1989, he has been a finalist for Editorial Cartoonist of the Year from the National Cartoonists Society and has placed second in the National Headliner Awards. His work is distributed through King Features Syndicate to 400 newspapers nationwide, and has appeared in such publications as the New York Times, the Chicago Tribune, and the Washington Post, among others.
Leslie H. Gelb, a former New York Times columnist and senior government official, is author of Power Rules: How Common Sense Can Rescue American Foreign Policy (HarperCollins 2009), a book that shows how to think about and use power in the 21st century. He is president emeritus of the Council on Foreign Relations.
Lloyd Grove is editor at large for The Daily Beast. He is also a frequent contributor to New York magazine and was a contributing editor for Condé Nast Portfolio. He wrote a gossip column for the New York Daily News from 2003 to 2006. Prior to that, he wrote the Reliable Source column for the Washington Post, where he spent 23 years covering politics, the media, and other subjects.
Jacob Bernstein is a senior reporter at The Daily Beast. Previously, he was a features writer at WWD and W Magazine. He has also written for New York magazine, Paper, and The Huffington Post.
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