Carl Icahn, corporate raider by trade, is creative, a scrambler, and certainly not to be underestimated.
I didn't want to be a 'Fortune' writer who was constrained in any way.
I have never met a document I don't like.
If a company's stock is undervalued - as many managers believe theirs is - a repurchase may offer the best payoff of all.
In meeting the challenges of organic growth, BlackRock has the advantage of having an executive team greatly respected for what it has accomplished.
The goal of the program, called Giving With Purpose, is to teach college students - and anyone else who cares to register - how to beneficially contribute to charity. That's not necessarily easy. There are IRS rules for giving that must be learned, and there is wayward, wasteful philanthropy to be avoided.
The 1969 experience has been a rude awakening for many hedge-fund investors and has left some of them with strong reservations about the whole concept. For the first time in their relatively short history, the funds are not growing: in fact, some have suffered large withdrawals of capital, and a few have actually folded.