Financial Center Breaking News

"The Social Network" mystery: Where are the lawsuits?
If you believe what the folks at Facebook have been telling the press, there's a lot in the new movie, "The Social Network" that's just plain fiction -- especially about the company's co-creator and chief executive, Mark Zuckerberg. Aaron Sorkin, the screenwriter, has acknowledged he aimed for "fidelity." But the fidelity was to "storytelling," not to truth.The movie itself ends with a disclaimer that some material in it is invented -- as in "not true." There clearly are specific scenes that didn't happen in real life and some of them -- like Zuckerberg having sex in a bathroom with an underage woman -- are not kind. Overall, by most accounts, he comes across as a jerk.
Mon, 27 Sep 2010 12:02:35 EDT

Republicans beware: Seeking blood usually leaves you bloody
In the fall of 1996, I sat inside weekly strategy meetings of conservative activists, as part of research for my book, Gang of Five, chronicling the rise of the baby-boomer right. The war-room host was famed anti-tax activist Grover Norquist and with Bill Clinton on the verge of re-election, the question on the table was this: How to convince lawmakers to open impeachment proceedings against the President?
Sun, 31 Oct 2010 22:32:22 EDT

Johnson & Johnson CEO Bill Weldon's painful year
What started last year as a series of small drug recalls at Johnson & Johnson exploded this summer into a full-blown crisis in quality control. But for months there was nary a peep from CEO Bill Weldon.
Tue, 07 Sep 2010 13:47:22 EDT

Skilling speaks: Enron CEO's jailhouse interview
When Jeff Skilling, the former Enron CEO, was convicted on 19 counts, the headline of the Houston Chronicle read "Guilty! Guilty!" Sentenced to 24-plus years in prison, Skilling had been a wealthy executive who went too far in pursuit of profit and caused financial pain and devastation to thousands of investors, employees, and contractors with his decisions at the helm of Enron. Few if any in the media or public rose to his defense or mourned his imprisonment.
Tue, 15 Jun 2010 11:33:38 EDT

Eliot Spitzer, anchorman?
Why would Eliot Spitzer want to become a TV host?
Tue, 25 May 2010 14:29:32 EDT

John Wooden's best coaching tip: Listen
Former UCLA Coach John Wooden passed away Friday June 4th. He is widely considered the greatest basketball coach of all time, and many believe he is the greatest coach of any sport. Wooden won ten national championships in his years 16 years at UCLA. A skilled player himself, Wooden is one of only three individuals (along with Lenny Wilkins and Bill Sharman) to be inducted in the Basketball Hall of Fame both as a player and a coach.
Mon, 07 Jun 2010 17:08:37 EDT

The man who made people see profit in poverty
As a management writer for many years, I met more than my share of self-professed "gurus." They spanned the gamut from publicity-seeking quacks to deep-in-the-mud academics to -- occasionally -- truly brilliant and devoted thinkers who used their minds to make business, or the world, better.
Tue, 20 Apr 2010 12:46:30 EDT