Excerpts: John Donovan’s Great Divide James Donovan and his two girls, both in their Halloween costumes, were in their driveway, just heading out for a night of trick or treating, when the Hamilton police drove up to their home, Black Rock Farm, a 23-room country estate stretching over 22 acres of pasture land and woods. […]
Excerpts: “Datanautics Secures $6.1 Million in First Round of Funding.” Participating in the round are leading venture funds Excelsior Venture Partners III, llc, a venture fund managed by U.S. Trust, Huntington Technology Fund, LP a venture fund managed by Huntington Ventures, LLC (“Huntington”) and Berg & Berg, LLC. U.S. Trust is a premier wealth management
Excerpts: Morgan Stanley’s Langlois May Get U.S. Treasury Post in China John Langlois, a Morgan Stanley banker in China, is a leading candidate to become the U.S. Treasury’s attaché in Beijing and help the country take steps to end its currency’s peg to the dollar, a person familiar with the matter said. U.S. Treasury Secretary
Excerpts: Morgan Stanley: Investing in Distressed Real Estate Certainly, if you take Japan and China as a total and look at the rest, it is inconsequential. That is a dramatic statement, and I cannot tell you that we have completely shied away from everything else, but this is how we spend our time. This is
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Excerpts: Morgan Stanley: What Great Wall? The China Construction Bank is asking the government for “trial permission” to sell the debt at less than par value, says John Langlois, president of Morgan Stanley Properties (China). Assuming that problem is worked out, the venture will be set up as a 70%-30% joint operation, with Morgan Stanley
Excerpts: Stacking the Deck Leo Hindery’s place at the centre of America’s cable and telecom industry over the past two decades has been obscured by men whose lives are really spent in the headlines—Rupert Murdoch, John Malone or AT&T’s Michael Armstrong. But this has given Mr. Hindery something that every author craves, an inside view
Excerpts: Cablevision Agrees to Carry the YES Network But two people with knowledge in the negotiations, who spoke on condition of anonymity, said the agreement gave YES the price it wanted — and which Cablevision had derided as overly expensive — but it also gave Cablevision flexibility from YES’s demand that it be available on
Excerpts: “Zeglis the Zealot.” The AT&T Wireless network, jammed to capacity, struggles to keep the number of blocked calls under 6 million a day or 180 million a month. Add calls that are connected but then dropped and the botch rate is even higher. This, despite AT&T’s having spent $8.7 billion in two years on
Excerpt: Global Crossing slides on lawsuit news Global Crossing alleges Tyco stole trade secrets to develop a rival business building and operating undersea fiber-optic telecommunication networks. The lawsuit, filed in the United States District Court for the Southern District of New York, is seeking damages in excess of $1 billion. The complaint alleges “tortious conduct
Excerpt: Bass Family, in Need of Money, Forced to Sell 6.4% of Disney Sid Richardson Bass and Lee Marshall Bass, brothers who parlayed an oil inheritance into fortunes estimated last year at more than $4 billion each, and their father, Perry Richardson Bass, have sold 135 million shares of Disney stock to shore up their
