T. Boone Pickens Embraces the Void
T. Boone Pickens, the billionaire oil man, is 87 years old. T. Boone Pickens announced this week that he is supporting Donald Trump for president. Death looms in front of us all.
Swift Boat Funder Blogging For HuffPo
Here is famous capitalist T. Boone Pickens, blogging for the "GREEN" section of the liberal HuffPo, asking for Congress to subsidize his business ventures even more than they already do, to protect the planet or whatever.
T. Boone Pickens Gives Up on Wind
It's a sad day for America, and for wind: T. Boone Pickens, the vile old conservative billionaire oilman who somehow sold himself as an important environmentalist last year, is abandoning his giant wind farm plan.
Happy Birthday
Naomi Campbell turns 39 today. Actress Ginnifer Goodwin is turning 31. Billionaire oilman T. Boone Pickens is 81. Real estate developer Joseph Sitt is 45. Society dermatologist Lisa Airan is turning 44. Artist Ghada Amer turns 46. Former CNN anchor Bernard Shaw is 69. Alison Eastwood, the actress and daughter of…
Wells Takes a Loss, Steve Schwarzman Dreams On
• Wells Fargo reported a $2.55 billion loss for the fourth quarter; it also said recently acquired Wachovia lost $11 billion during the period. [BN, WSJ]
• Steve Schwarzman says it's a "wonderful time" for the industry, despite the fact his net worth has dropped by $7 billion in recent months. [BN]
• Andrew Cuomo has…
New Partners at Goldman, Hit to Hedge Funds
♦ Better news from abroad today: global stocks rebounded overnight, with shares in Hong Kong climbing more than 14 percent. [CNNMoney]
♦ Goldman Sachs will name its new partners today; it's expected to be the smallest such group in the firm's history. [Telegraph, Clusterstock]
♦ The average hedge fund was down 8.4…
Street Talk: Bailout Skepticism
♦ Treasury Secretary Hank Paulson and Federal Reserve chair Ben Bernanke's visit to Washington did little to reassure lawmakers, who were almost uniformly critical of the government's proposed $700 billion bailout. [NYT, WSJ, WSJ]
♦ By the way, how much is $700 billion? Slate runs the numbers. [Slate]
♦ The FBI is…
Dear T. Boone Pickens: What the Hell?
The Daily News and the Post today both led with goofy excitable front page stories on Michael Bloomberg's threat to cover our bridges and skyscrapers with hideous power-generating windmills (both front pages: "WINDY CITY"). Both mention that Bloomberg dined with millionaire windpower enthusiast T. Boone Pickens. Page…
T. Boone Pickens proves where there's a drill, there's a way
Greenwashing — the practice of gussying up old-fashioned capitalism as newfangled Earth-saving — is an art form. I used to think local greenwashers Pacific Gas & Electric and spam-prone solar shill Steve Westly were the masters. But they look like rank amateurs compared to Oklahoma native T. Boone Pickens. The man…
"I think that Yahoo management was pathetic"
Oil billionaire T. Boone Pickens told the San Francisco Chronicle that he's given up on a Yahoo/Microsoft deal, and has sold his shares at an undisclosed loss. But let's be clear: Pickens is not a technology investor. He invested in Yahoo because he believed Carl Icahn had a workable plan, and that chief Yahoo Jerry…
2004 is Back!
How, we ask you, could someone named "T. Boone Pickens" possibly be bad? T. Boone is, as you have probably guessed, a Texas billionaire. An oil billionaire! But he does not spend his billions on running moonshine or buying the world's largest cement pond. No, instead Pickens-who will be played by Charles Durning for…
Texas oilman adds another 10 million Yahoo shares to Icahn's cause
Joining John Paulson in support of corporate raider Carl Icahn's plot to force a Microsoft-Yahoo merger, Texas oilman and longtime Icahn ally T. Boone Pickens purchased 10 million shares of Yahoo. Pickens told CNBC he plans to support Icahn in a proxy fight. By our count, PIckens's addition puts 30 percent of Yahoo…
