Former Microsoft Corp. Chief Executive Officer Steve Ballmer agreed to buy the Los Angeles Clippers for a record $2 billion as the wife of Donald Sterling pushed through the sale without gaining the approval of the embattled owner.
Hall of Fame basketball player Earvin “Magic” Johnson said racist remarks and personal attacks show Los Angeles Clippers owner Donald Sterling “is living in the Stone Ages” and predicted the real-estate billionaire “can’t buy his way out of this one.”
National Basketball Association super fan Jim Goldstein, a courtside season-ticket holder for the Clippers since the franchise relocated to Los Angeles from San Diego three decades ago, said he disapproves of the team’s public suitors.
When Mark Walter, the chief executive officer of Guggenheim Partners LLC, ran Chicago investment firm Liberty Hampshire Co., a junior associate asked in 1996 why he decided to accept money from outside investors.
Until April 2011, Patrick “Pete” Dodd, a former money manager at Liberty Life Insurance Co. in Greenville, South Carolina, invested customer premiums in what he calls a “squeaky clean” portfolio: bonds backed by state governments and blue chip corporations.