Invited to create murals in the new Silicon Valley offices of Facebook, Choes opted to get paid in stock, despite believing that Facebook was "ridiculous." According to theNew York Times, the amount of stock Choe received will vault him out of the starving artist ranks into the mega-rich...
The sweetness of free markets in the US is this: they have lifted the vast majority of poor people from life-threatening poverty into a relatively starvation-free type of poverty where obesity is now a problem among the poor. As far as I know, free markets are the only human experiment t...
Bloomberg LP had estimated revenues of more than $13 billion as of January 2025.1The company operates data terminals used throughout the financial services industry. It also includes the business news cable channel Bloomberg Television, Bloomberg Radio, and a monthly magazine, Bloomberg Markets. Busine...
No. 48: TOM RICKETTS – Chairman and Co-owner, Chicago Cubs What Chicago Magazinesays:"Ricketts owns one of the most powerful sports brands in the universe. And when the Cubs finally play well, the world will likely be watching – and buying – as much of the team as it can. But fiv...
Who Regulates Whom and How? An Overview of U.S. Financial Regulatory Policy for Banking and Securities MarketsIntroduction Most people in the United States (and other developed nations) have rejected the Shakespearean maxim, "neither a borrower nor a lender be." Many people use loans to finance...