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HomeStifling the Truth Is Abuse of Capitalism
Posted by Larry Doyle on October 6th, 2011 10:39 AM |
Information is everything.
Access to information combined with fair and open markets are cornerstones of our free market capitalist system. With our economy continuing to lag, I have witnessed an increase in the stifling of the truth.
Without the truth, how can our economy and our markets recover from the fundamentally broken state in which they currently operate?
I am not so naive to think that there have not been forces at work for a protracted period which profit from intentional obfuscation of economic and market related information. I also would never denigrate the many great people in our nation who play by the rules and understand how to navigate the pitfalls and shortcomings within fundamentally broken markets.
IMG’s Ted Forstmann: “Wall Street Never Had Principles”
Posted by Larry Doyle on January 5th, 2010 2:36 PM |
Theodore J. Forstmann, IMG Chairman and CEO
Ted Forstmann is a Wall Street legend.
Those on Wall Street know Ted for his dealmaking prowess. His deal to purchase IMG (International Management Group) in 2004 positioned him atop this sports, entertainment, and media enterprise. Forstmann is a world renowned philanthropist. What more can we learn about this entrepreneur? From the IMG website:
Ted Forstmann is Chairman and CEO of IMG and the senior founding partner of the pre-eminent leveraged buyout firm, Forstmann Little & Co.
Since acquiring IMG in 2004, Mr. Forstmann has established a world-class management team at IMG and leads the company’s growth by expanding its global footprint, acquiring new businesses and talent that complement its breadth of services, creating and owning content, and streamlining the organization and its cost structure. He has transitioned IMG from a company known primarily for its sports businesses to one that is now taking advantage of the strong synergies between sports, entertainment and media. (more…)
