John Collison

John Collison – World’s Youngest Self-Made Billionaire, Age 27, Irish “Stripe” Co-Founder

John Collison John Collison does not seem entirely comfortable with his somewhat impressive claim to fame – he is the world’s youngest self-made billionaire.     John Collison Just 27, he otherwise seems a supremely confident business leader and excellent communicator. But ask him about how wealthy he is, and you sense his awkwardness. “People now ask this a lot …

China Trumpchi Cars

China Trumpchi Cars – Chinese automaker considers name change before export

China Trumpchi Cars GAC showed off the Trumpchi GA8 sedan in recent months.PHOTO BY NEWSPRESS China Trumpchi Cars Despite the off-the-charts synergy (and irony) of a Chinese car manufacturer selling cars in the U.S. under the brand Trumpchi, this potentially hilarious turn of events is not meant to be, according to Reuters. Guangzhou Automobile Group, which has exhibited its wares at a number …

Patriotic Philanthropy – How David Rubenstein and other Billionaires Use this loophole

Patriotic Philanthropy Patriotic Philanthropy On August 23, 2011, a magnitude-5.8 earthquake shook the Washington Monument for about twenty seconds, sending tourists on the observation deck down eight hundred and ninety-seven steps. One of the two strongest quakes ever recorded east of the Rockies, it fractured two dozen of the stone protrusions that hold up the marble slabs at the monument’s peak. …

Carried Interest Loophole – life NOT harder for financier billionaires

Carried Interest Loophole     Carried Interest Loophole Remember when Donald Trump, Steve Mnuchin, Gary Cohn, Wilbur Ross, Tom Barrack, Steve Schwarzman, Steve Roth, The Mooch, Andy Beal, John Paulson, Carl Icahn and Larry Kudlow were going to get together and create a tax reform plan that killed the carried interest loophole and made life harder for financier billionaires? Well, funny story, …

Paradise Papers

Paradise Papers leak reveals secrets of the world elite’s hidden wealth

Paradise Papers   es Paradise Papers: Bronfman, le milliardaire proche de Trudeau, visé par l’enquête (Bronfman, Trudeau’s millionaire friend under investigation).     Juliette Garside – Sunday 5 November 2017 20.36 GMT   Paradise Papers The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week …

Why Commute

Why Commute – Death knell not sounded as yet despite personal computers

Why Commute The personal computer was supposed to kill the office and liberate us from hellish commutes to the city. But the average American commute has only increased since then. Could virtual reality finally change that? Why Commute The Economics of the Office: Why Commute Still ? Over the last year, many companies have ended their liberal work-from-home policies. Firms like IBM, Honeywell, and Aetna joined …

Most Powerful Man

Most Powerful Man – Xi Jinping has more clout than Donald Trump. Beware World!

Most Powerful Man AMERICAN presidents have a habit of describing their Chinese counterparts in terms of awe.     Most Powerful Man A fawning Richard Nixon said to Mao Zedong that the chairman’s writings had “changed the world”. To Jimmy Carter, Deng Xiaoping was a string of flattering adjectives: “smart, tough, intelligent, frank, courageous, personable, self-assured, friendly”. Bill Clinton described …

Trump Real Estate – despite conflict-of-interest concerns, projects nationwide

Trump Real Estate   The Mumbai tower is being built by the family company of Mangal Prabhat Lodha, a powerful state legislator and state vice president of the governing Bharatiya Janata Party.   Donald Trump’s company is set to unveil a new luxury high-rise in the eastern Indian city of Kolkata. (Annie Gowen/The Washington Post) By Annie Gowen October 28 Trump Real …

Gig Economy

Gig Economy – study by Intuit predicted that by 2020, 40 percent of American workers would be independent contractors.

Gig Economy   Is the Gig Economy Working?  Many liberals have embraced the sharing economy. But can they survive it?   Gig Economy   N0t long ago, I moved apartments, and beneath the weight of work and lethargy a number of small, nagging tasks remained undone. Some art work had to be hung from wall moldings, using wire. In the bedroom, …