Word: ceos
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That will be music to Andy Grove's ears. Grove, CEO of microchip colossus Intel, has a clear aim in partnering with CAA on the media lab: plant the "content community" with seed capital and hope like hell something grows. His $16 billion company is ramping up production capacity to the tune of $3.5 billion a year. But how exactly, Grove wonders, is Intel going to persuade people to drop another $3,000 each time a new, extra-ultra-powerful PC gets invented, instead of sticking with last year's merely ultra-powerful model? "You can't push 100 million...
...seconds. In music videos I have four minutes, and in movies like Malcolm X I have three hours and 15 minutes." Lee's brain will also be tapped for product ideas. When he talked fondly over breakfast about the old "Rock 'em Sock 'em" toy robot, DDB chairman and ceo Keith Reinhard took notes. (Hasbro's a client...
...Oxford CEO Rubenstein insists that Oxford is "vastly different" from its predecessor, Reynolds Kendrick Stratton, "with new management, new personnel and an entirely different business focus. There is simply no comparison between the two firms." One thing hasn't changed, however: the Kott connection. Several major JB Oxford shareholders have been closely associated with Kott or with stocks pushed through Kott-connected boiler rooms. Felix Oeri, a Swiss financier who is Oxford's biggest stockholder, bought a large block of Hariston stock a few years ago after it was recommended to him by Kott. (Oeri says he's lost money...
...According to JB Oxford, Kott is nothing more than a consultant to the brokerage company. Kott too, in faxed communications with TIME, reiterated the company's official explanation. In reality, he wields so much influence that several former employees told TIME they regarded him as the de facto CEO. There have also been allegations--hotly denied by Oxford--that the firm is engaging in some of the same dubious practices that were employed by other Kott-related brokerages in the past. Stephen Rubenstein, Oxford's chairman and CEO, insists that despite Kott's association with the company, JB Oxford...
...billion worth of additional funeral homes and cemeteries, including a stake in Rose Hills Memorial Park outside Los Angeles, the largest cemetery in North America, which Loewen acquired after outbidding SCI. The company's expansion may thrill investors but probably doesn't bode well for consumers, despite founder and ceo Raymond Loewen's penchant for describing the Loewen Group as the industry "leader in consumerism...