Milken's role spotlights
Article Abstract:
Nextera Enterprises' $126-mil IPO offering is gaining substantial attention from investors mainly because of Michael Milken, who after released from prison, is set to rebuild his public image. Lexington, MA-based Nextera is set to offer 11.5 mil shares, equivalent to 33% of the consulting firm. The company is a subsidiary of Knowledge Universe, which was co-founded by Milken. Nextera is seen to be a group made of financial genius and New Age philosophy.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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Schwab exec heads personal finance start-up
Article Abstract:
Charles Schwab executive Art Shaw has been named CEO of MyCFO, the personal finance firm founded by businessman Jim Clark. Mountain View, CA- based MyCFO provides personal financial services that include investment advise, tax preparation and portfolio management for clients that come from the society's wealthiest brackets. Shaw will be running MyCFO with Clark, MyCFO's chairman, and Frank Tirelli, formerly of Delloite and Touche, who is COO.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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Will gold ever be worth its weight?
Article Abstract:
Gold prices have fallen to their lowest levels in 20 years following gold sales by central banks of several countries and short selling by investors who have betted that the price of gold will fall even lower. The declining price of gold are also attributed to the falling rate of inflation and the lower returns of gold investments. Despite the declining price of gold, it can still regain its value should bearish market conditions return.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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