Prime Mover of Business: Jack Welch

Jack Welch is arguably the most famous CEO in the world. His 20-year reign as the head of General Electric brought the company from bureaucratic behemoth to dynamic and revered powerhouse. During his tenure, GE market value grew from $13 billion to $500 billion. In...

The Terrorist’s Best Friend

The events of the past few weeks in Israel have offered a timeless lesson on the real cause of terrorism and the real meaning of the “peace process.” The pattern of these events is crystal clear: Yasser Arafat and his Palestinian Authority have escalated...

Behind the Environmental Working Group

Among the political chattering classes, there’s a big buzz over a tiny activist organization called the Environmental Working Group. Both liberals and conservatives, including the left-leaning New York Times editorial page and the right-leaning Wall Street...

Enronic Cleansing: Be Warned

I alienated some friends and clients when I e-mailed a TrendMacro Live! note last week warning of a dangerous new phase of the Enron scandal. Everyone is understandably eager to round up the bad guys and hang

Enron, Tyco, and Accounting for Conglomerates

In the wake of the Enron scandal, investors are all of a sudden focusing intensely on the integrity of corporate accounting. So self-righteous pundits and politicians are elbowing each other for space at the head of the lynch mob demanding new regulations to enforce...