Hints and tips:
...Wilding was so ebullient that he not only quoted Buffett’s longtime business partner Charlie Munger, but also Winston Churchill....
...The California-based company was shut down by US regulators after a run on the bank....
...Business investment is likely to contract by more than overall GDP, as company spending on new projects is typically among the first areas to be cut during a downturn....
...But equally important are the public investments — stakes in companies such as Apple and Bank of America — that make Berkshire more akin to a mutual fund than a regular business....
...Her delicious coffee hails from Crediton coffee roasters, a local company. Her aim is to use as much local produce as possible and the long queues waiting patiently outside her door speak volumes....
...However, the $16m penalty imposed by US regulators is just a fraction of the revenues it gained by doing business in the country....
...Willis Towers Watson has appointed Steve Allan to lead its M&A advisory and solutions business. Pinsent Masons, a law firm, has hired Rosita Chu as a partner in Hong Kong....
...THL Credit, one of the BDCs hit by Charming Charlie’s failure, saw its income fall nearly 7 per cent last year, as it exchanged interest-paying loans for an equity stake in the reorganised company....
...As a child I spent a fair amount of time in the launderette he owned. Later, he taught himself to code and set up a retail software company — as a teenager I did stints on reception....
...series of at least three sham corporate transactions by and among a labyrinth of Delaware limited liability companies that he forms and/or controls....
...They make a good double act but Cameron commands the room; charming and self-deprecating, he exudes the air of the well-bred company chairman. It is clear who is in charge....
...A charming book....
...Energy security concerns are not limited to oil. Natural gas was formerly a national or regional fuel....
...Charlie grew into a bit of a tearaway, truth be told....
...But I would be prepared to bet that only a handful of these executives will be doing his current job five years from now. And one of them will probably be running M&S – and loving it....
...The first was Watford Gap, which has entered the popular consciousness as a Checkpoint Charlie between North and South....
...Another strategy is to put assets into a limited liability company (LLC) managed by someone else....
...There is a lot of unhappiness with the incompetence of the directors. They have turned a problem in one limited area into a global PR disaster and a crisis for the whole company.”...
...But then Bankers Trust lost the plot, as you may recall, and so the insurance derivatives business that we did in addition to the company business, we basically disbanded....
...Jo is on the Stones payroll as his dresser and assistant on tour, in between running her organic beauty products business....
...Part of the story has been people becoming more reliant on their housing as a source of saving. Is that a wise thing for people to be doing?...
...confidence in the aftermath of a big scandal would be to let the auditing firms involved keep on doing business as usual....
...But he says they continue to flourish in the US where single member Limited Liability Companies (LLCs) – which are essentially shell companies into which people can place funds – are widely used as a substitute...
...Fast Company invented a new genre of business writing that still has many imitators. This book is a treat....
...This is one of the most charming elements of Goode’s approach: after each performance, a little token is left as a memento....
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