Portfolio.com: May 2008 - In This Issue
May 2008
Cover Story
Brilliance comes in many forms, whether it's founding a startup that kicks sand in Microsoft's face or creating an affordable car for the developing world. A small number of innovators influence the rest of the influencers in business. Plus: The Brilliant Parents, Used to Be Brilliant, and Brilliantly Evil.
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Features
by Scott Paltrow
The Pentagon got spanked for its infamous $640 toilet seats. But two decades and billions of dollars later, the military budget is still a mess. Will the Defense Department ever pass an audit?
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by Karl Taro Greenfeld
First, the Disney machine found a moneymaker in a character called Hannah Montana. Then it faced a quandary: how to keep making money from its superstar, Miley Cyrus, once she grew up.
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by James Doran
With her new $1.2 billion casino, Pansy Ho has become the face of gambling in booming Macao. But her family's business won't hit the jackpot unless she can charm U.S. regulators into overlooking her father's troublesome ties to organized crime.
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by Gary Weiss
John Thain scaled Goldman Sachs and went on to save the New York Stock Exchange. Now the new Merrill C.E.O. is facing a real challenge.
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by Kevin Maney
Bobby Kotick's videogame company, Activision, has been snapping up market share by buying hot properties like Guitar Hero. With the ambitious Vivendi Games merger nearing completion, Kotick's trying to K.O. the heavyweight champion: Electronic Arts.
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by Howell Raines
The era of press barons is a mere memory—yet the Zells and the Murdochs are still snapping up broadsheets. Why on earth would anyone buy a newspaper these days?
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by John Cassidy
If bailouts are going to rule the new era on Wall Street, regulators will need less Greenspan-style lenience and more F.D.R.-style force.
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by Matthew Cooper
Could a President McCain mend the economy and fix the tax system? That would depend on which version of the G.O.P. candidate took office.
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by Duff McDonald and Miriam Datskovsky
Eliot Spitzer didn't come close to paying the highest price for an elite call-girl visit. There's a lot of money changing hands at the top of the world's oldest profession.
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by Jesse Eisinger
Global warming, health-care reform, Iraq: Every campaign issue could get swamped by our financial crisis.
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by Jessie Knadler
A bottled-water magnate from Queens, New York, entered the horseracing business for fun; $10 million and 150 horses later, he has a serious hobby on his hands.
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by Christina Lynch
Can the new Indiana Jones movie shed its 1980s sheen to compete in today's multiplex marketplace? An index of Indy metrics—from the box office to the divorce courts.
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by Tyler Green
This spring, Christie's is betting that a Modern architectural masterpiece can sell at auction—as a work of art.
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by Clancy Nolan
After two decades of planning, ground still has not been broken on the national monument to Martin Luther King Jr. Standing in the way: $7 million and—shockingly enough—bureaucratic red tape.
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by Roger Lowenstein
Book review: Do people basically make good decisions? Or should society give us a little push?
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Why the next president should spend, not save.
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Can the price of crude return to earth by summer's end?
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The economy may be in neutral, but C.E.O.'s are still treated to top-notch rides.
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Three years after the $1.5 billion purchase of the world's best-known soccer team.
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