Business Opinion

Health-Care Allies...for Now

BusinessWeek Online - Fri Aug 29, 8:08 AM ET

The last time Washington tried to fix health care, powerful industry interests scuttled the Clinton Administration's initiative as Big Pharma, managed care, doctors, and employers all scrambled to protect their turf.

  • Is It Time to Sell Your Foreign Stocks? BusinessWeek Online - Fri Aug 29, 8:08 AM ET

    The stock prices of mortgage giants Fannie Mae and Freddie Mac have cratered. The bottom of the worst housing slump since the Great Depression hasn't been reached. Fears of inflation are mounting.

  • LeFraks' Sudden Craving For L.A. Real Estate BusinessWeek Online - Fri Aug 29, 8:08 AM ET

    On a sunny day in June, a hundred Los Angeles brokers gathered for an open house at the LeFrak Organization's recent acquisition: a 12-story office building on Hollywood Boulevard. The LeFraks, big landlords from New York, gave each agent a crisp $100 bill. A handful of guests won free nights at the Malibu Beach Inn, a $500-a-night resort owned by entertainment mogul David Geffen. "Come bring us tenants," said Jamie LeFrak, managing director of the real estate firm. "We want to own several million square feet in your city."