The folks at Bitcoin have taken a very aggressive stance with regulators, who are eyeing the digital currency with suspicion. It’s following a path blazed by another upstart industry that operated in a grey zone of regulation – online gaming. That ended in a flurry of arrests and indictments. Will Bitcoin meet the same fate? […]
Hedge fund manager Bill Ackman used the F word – failure – to describe his disastrous investment in retailer J.C. Penney. Mr. Ackman’s admission was honest, surprising and very shrewd. It is a risk that likely will pay off handsomely in the months ahead.
Readers of the Sunday New York Times found a scowling, unshaven Larry Summers on the front page, accompanying an article that questioned his fitness to lead the Fed given his close ties to Wall Street. The article was a first-rate takedown – a savaging that was thin on facts and lacking any kind of balance. […]
The passing of Steve Jobs left a big gap. Since his death nearly two years ago there hasn’t been a CEO with Jobs’s combination of brilliance, mystery and breathtaking commercial success. But with his surprise purchase of the Washington Post, Jeff Bezos might be stepping into the role Jobs left behind.
I’m all for improving corporate earnings announcements. But the push by Yahoo, Netflix and other companies to broadcast their earnings from a television studio, complete with a borrowed cable-tv newscaster, is a triumph of style over substance.
Law firm Mayer Brown LLP has quietly settled claims it aided a $1.5 billion fraud at Refco, the brokerage that collapsed in 2005. Unlike Refco’s spectacular fall, the news brought no front-page headlines, only a modest report in a trade journal based on a routine court filing. But Refco still holds lessons for today.
Creativity isn’t a word associated with most businesses, unless you are talking about companies in fashion, film or music. But creativity has a place in every business, according to Mickey Drexler, CEO of J.Crew. His lessons for creative success can guide communications too.
Mahony Partners has closed the books on the first quarter of 2013, and we are pleased to report continued business growth, from current engagements and two new clients.
It’s rare to see guidance from a regulator that results in less paperwork. But that is the likely impact of new guidelines from the U.S. Securities and Exchange Commission on the use of social media by asset management firms.
When you’re in the news business, it is wise to stay out of the news yourself. Because when you become the object of attention, competitors will gleefully exploit your missteps on every newspaper, web page and television channel they own. That’s exactly what happened to Matt Lauer, host of NBC’s Today show, when he and […]