today, we travel to the lone star state to visit tycoon, entrepreneur t. boone pickens, the highest paid ceo in the country. even here, wall street is in charge. wall street being a parrot, green as in money. he reigns over an entry foyer that runs the entire length of the house. and at the end of that foyer, we find this morning boone pickens. good morning, sir, how are you? good morning, harry. let s go ahead and head into the trophy room, if you don t mind. sure. t. boone pickens was a texas oilman who became the original corporate raider. he would buy a bunch of stock in a company, talk about how the executives needed to be tossed out and make a play for the executive. the company is only 1/20th the size of phillips, buys 5.8% of the stock privately. now pickens lets it be known that he wants to buy another 15% from the shareholders and gain a
insofar as we can say that the 80s was a period of he d donism and excess, the end of the decade was the hangover. it s more like the rich are taking a tumble now. leona and harry helmsley, one of the richest couples in the world, were today treated as criminals. booked for tax evasion and extortion. the government charges the helmsleys rep elevated their $11 million estate and wrote the cost off as a business expense. a former housekeeper said mrs. helmsley told her, we don t pay taxes, only little people pay taxes. helmsley was sentenced to four years in prison, given a $7 million fine, and ordered to serve 750 hours of community service. to some, the sentence was too light. i have done nothing wrong. i m innocent. my only crime is that i m leona helmsley. no matter how many white collar thieves get sent away,
today, we travel to the lone star state to visit tycoon, entrepreneur t. boone pickens, the highest paid ceo in the country. even here, wall street is in charge. wall street being a parrot, green as in money. he reigns over an entry foyer that runs the entire length of the house. and at the end of that foyer, we find this morning boone pickens. good morning, sir, how are you? good morning, harry. let s go ahead and head into the trophy room, if you don t mind. sure. t. boone pickens was a texas oilman who became the original corporate raider. he would buy a bunch of stock in a company, talk about how the executives needed to be tossed out and make a play for the executive. the company is only 1/20th the size of phillips, buys 5.8% of the stock privately. now pickens lets it be known that he wants to buy another 15% from the shareholders and gain a
northwest airlines. the man who was the darling of the 80s is seen as a man in trouble, and he knows it. and as far as we can say that the 80s was a period of hedonism and access, the end of the decade was the hangover. it s more like the rich are taking a tumble now. leona and harry helmsley were treated as criminals, booked for tax evasion and extortion, charging that they renovated their $11 million estate and wrote the cost off as a business experience. a former housekeeper said mrs. helmsley told her, we don t pay taxes, only little people pay taxes. she was sentenced to four years in prison, given a $7 million fine and ordered to serve 750 hours of community service. for some, it was too light. i have done nothing wrong. i m innocent. my only crime is that i m leona
today, we travel to the lone star state to visit tycoon, entrepreneur t. boone pickens, the highest paid ceo in the country. even here, wall street is in charge. wall street being a parrot, green as in money. he reigns over an entry foyer that runs the entire length of the house. and at the end of that foyer, we find this morning boone pickens. good morning, sir, how are you? good morning, harry. let s go ahead and head into the trophy room, if you don t mind. sure. t. boone pickens was a texas oilman who became the original corporate raider. he would buy a bunch of stock in a company, talk about how the executives needed to be tossed out and make a play for the executive. the company is only 1/20th the size of phillips, buys 5.8% of the stock privately. now pickens lets it be known that he wants to buy another 15% from the shareholders and gain a seat on the corporate board.