CEO Quits Effective Immediately

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In a surprise move, Citigroup announced on Tuesday that Vikram S. Pandit, the bank’s chief executive, had resigned, effective immediately. While his unexpectedly fast departure has raised many questions, critics said there were many signs that the end was near for Pandit. Questions: 1. How long had Mr. Pandit been chief executive of Citigroup? 2…. Read more »

The Weather Channel Buys Weather Underground

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This week, Weather Underground, a unique website with a cult following was acquired by The Weather Channel for an undisclosed sum of money. As a strong competitor to The Weather Channel, the website has a devoted readership, with approximately 10 million unique visitors per month. Fans of Weather Underground have expressed outrage and disappointment in… Read more »

Security for the Super Rich

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Dan Clark has been Warren Buffett’s bodyguard for almost two decades. Since Clark has cultivated his security skills, he has started a security company that now employs 150 guards and he has safeguarded others like Sarah Palin, George Clooney, Barack Obama, and the Iraqi Judge who oversaw the trial of Saddam Hussein, when they visited… Read more »