Derek Lidow sold his startup semi-conductor business for over $100 million,. Now, he teaches a standing room only class at Princeton where he teaches undergraduates how to do it. He tells Jim that the key to startup success is not a good idea, but skilled entrepreneurial leadership that gives a good idea the legs it needs to get off the ground.
Last year, mega-firm Dewey & Leboeuf filed the largest law firm bankruptcy in US history, leaving in its wake a criminal investigation and a spate of litigation. Richard Susskind, author of bestselling book, Tomorrow’s Lawyers, tells Jim that Dewey was victim of an outmoded business plan as much as of factors unique to itself.
As CEO and Chairman of Bear Stearns, he saw the firm grow into a titan. Then came 2008, and the world turned upside down. Ace Greenberg pulls no punches as he tells of the sinking of an “unsinkable” ship.
Fiscally hemorrhaging, Greece was about to be turned down for EU membership until bankers convinced the Greek treasury to buy digitally priced currency swaps to sidestep regulatory requirements. Then the banks shorted Greece.
Blackstone’s Steve Schwarzman proposed a single global regulator who will gather economic data from all countries and assess risk via the Internet. But the late Bruce Wasserstein of Lazard pooh-poohed the idea.
Last year Steven Chen was a college dropout, and Chad Hurley wanted to go to grad school. This year, they sold YouTube for $1.65 billion even though their startup had never turned a profit. Is the tech bubble about to boom or bust?
Bill Clinton’s Undersecretary of Commerce and President of Washington’s National Foreign Trade Council, talks about the fall-out for the Bush administration since DP World pulled out of a deal to acquire six US ports and terminals.
The Chairman Emeritus and Author “The Source of Success” was a teen-age refugee from Communist Romania who some 40 years later became Young & Rubicam’s top dog. talks about the impact of interactive ads online.
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