Lawrence McCarthy, a senior managing director at Cantor Fitzgerald LP who, as an executive at Lehman Brothers Holdings Inc., was said to have predicted that credit- default-swap traders were “working on bringing down the whole world,” has died. He was 49.
Gregory Zuckerman discusses his book "The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters." Zuckerman talked with Bloomberg's Pimm Fox and Carol Massar on Bloomberg Radio's "Taking Stock" on November 5th.
When Ferran Adrià—who has been called the world's greatest chef by enough people that it might be true—appears at a gastronomic conference at Harvard University on Sept. 8, it will be as a "brand ambassador" for his native Spain. The Spanish government earmarked €9 million in 2009 (then about $13 million) to promote gastronomic tourism and indigenous food products internationally, and the Spanish tourist office, Turespaña, estimates that more than 10 percent of the 52 million tourists who visited Spain last year were drawn by its food and wine. Thus it's sending Adrià—whose legendary El Bulli restaurant in Cala Montjoi, not quite 100 miles north of Barcelona on the Costa Brava, is open only six months a year, costs about $340 per person, not including wine, and is all but impossible to get into—around the world promoting a simple message: If you like to eat and drink, come to Spain.
This is the exclusive, short story of how Diageo North America, with creativity and guts, both in operations and in the senior ranks, achieved the holy grail of carbon emissions reductions. They did it without using carbon offsets — and about 38 years earlier than they had to. Here's what scientists are telling us: the world must cut carbon emissions by at least 80 percent from 1990 levels...