No executive satisfies his desires to a greater degree than Hugh Hefner. For half a century the 84-year-old founder of Playboy magazine has cultivated the image of a man who lives life to its libidinous fullness. So it's reasonable to expect that Hef, now in his twilight, will succeed in having his way with yet one more constituency -- his shareholders.
The Great Debate UK
from The Great Debate:
Shareholders in Bank of America must be hugging themselves at their sheer audacity. They have plucked up the courage to say boo to Ken Lewis, the bank's all-powerful chairman and chief executive.
It’s hardly surprising that the shareholders in 3i, the listed private equity group, are deeply unhappy at the prospect of having to return 700 million pounds of the 1.75 billion pounds of capital they have received from the company in recent years.