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...Chuck Grassley (R-Iowa)—the ranking GOP member of the Senate Finance Committee—said discussions are still in the early phases. “It’s something that the senators have their staffs examining, but no conclusions have been drawn about this particular issue,” Kozeny said yesterday. “It’s premature to say what will happen next.” Jack G. Gaine, president of the Managed Funds Association—a special interest group that supports the hedge fund industry—said he sees...

Author: By Nathan C. Strauss, CRIMSON STAFF WRITER | Title: Harvard’s Taxes Face Senate Scrutiny | 5/11/2007 | See Source »

...1960s. The largest chains--Gannett, Knight-Ridder, Tribune, Times Mirror--mostly started out family run as well, but as they expanded, the family stake was diluted, and Wall Street came to call the shots. This wasn't all bad; lots of family-owned newspapers were horrible. Knight-Ridder in particular gained a reputation for improving the properties it bought. But with profits under severe pressure from the Internet, Wall Street has turned the screws. Knight-Ridder was sold off and busted up last year; Tribune, which bought Times Mirror in 2000, was acquired by vulture investor Sam Zell in April...

Author: /time Magazine | Title: Murdoch vs. Family-Owned Newspapers | 5/10/2007 | See Source »

...City and Grahams of Washington. "It's not just family ownership," says Alex Jones, director of Harvard's Shorenstein Center on the Press, Politics and Public Policy and co-author of two histories of newspaper families (the Sulzbergers as well as the Binghams of Louisville, Ky.). "It's a particular kind of family ownership that's nearly miraculous...

Author: /time Magazine | Title: Murdoch vs. Family-Owned Newspapers | 5/10/2007 | See Source »

...turned it into a crusade as well as a business. He made the cover of TIME in a 1959 story that described him as "a broad-shouldered, Bible-quoting broth of a man who burns brightly with the fire of missionary zeal." TIME noted that George Romney was a particular hit at women's clubs, where he would fix them with "his blue-grey eyes" and say, "Ladies, why do you drive such big cars? You don't need a monster to go to the drugstore for a package of hairpins. Think of the gas bills!" Turning those sales techniques...

Author: /time Magazine | Title: What Romney Believes | 5/10/2007 | See Source »

...Brundtland said the world must move forward on a broad front to improve energy efficiency, increase the use of renewable energy sources, improve agricultural and forestry practices, develop a truly global carbon trading market, "and focus on adaptation, in particular for the least developed countries and small island states...

Author: /time Magazine | Title: U.N. Envoys Seek Input on Climate Change | 5/10/2007 | See Source »

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