Word: millioned
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...exceedingly wealthy. In 2007, the year of Goldman's record profit, the board paid him $68.5 million, a record payout for a Wall Street CEO. His 3.4 million shares of Goldman are worth about $540 million. He bought a tony $27 million Manhattan apartment at "Wall Street's new power address," as the New York Times called it, 15 Central Park West. He also owns a 6,500-sq.-ft. (600 sq m) home in Sagaponack, N.Y., near the ocean. (See pictures of expensive things that money...
...success, years of life saved and a person's awesomeness. For example, we'd all shell out to keep Justin Timberlake going for another 50 years, but we probably wouldn't kick in much to spot Michael Vick an extra four months. And we can all agree that $6 million is a pretty good deal to make Lee Majors bionic again...
...would think that the recession could sack fantasy sports, the $800 million industry in which participants select real pros for their make-believe teams and potentially take home some dough if those players perform. But even in this harshest of realities, fantasy is doing just fine. There are 30 million fantasy players in the U.S. and Canada, according to the Fantasy Sports Trade Association, a 54% increase from two years ago. (See real prizes you can win playing fantasy sports...
...stock holdings last fall amidst the global financial crisis. According to a Securities and Exchange Commission disclosure report released in August, Harvard had 112 publicly traded equity holdings valued at over $1.4 billion as of June 30. The figures represent a significant increase from the 99 holdings worth $771 million reported three months earlier. The SEC’s 13F report only discloses a small fraction of the University’s total investments—it does not list assets such as foreign stocks, private equity, bonds, and real assets—but suggests that in rebounding from recent...
...gang has received disproportionate funds from the health-insurance and pharmaceutical industries. Most significantly, Democratic Senator Max Baucus has received $25 million in contributions from health-industry PACs since 1989, more than any Democrat. Republican Senator Mike Enzi has received a greater share of his campaign contributions from health- industry PACs than any other senator. Admittedly, insurance and pharmaceutical companies should have a place at the table. But they shouldn’t be sitting at the head. I doubt that six “co-opted” hired guns can follow the money trail to common ground...