Print FriendlyClick here to print

Also Visit the Press Center for:

Fortune

Highlights of the April 14, 2008 Issue of FORTUNE
Available on newsstands April 7, full stories are available at www.FORTUNE.com.

 

WALL STREET SPECIAL REPORT:

WHAT'S WRONG WITH WALL STREET — AND HOW TO FIX IT, by Shawn Tully, page 70

Bankers fell victim to their love of risk, leverage, and high pay. But after the government moves in to clean up the subprime mortgage mess, things will be different — for a while.

ON THE BRINK OF DISASTER, by Allan Sloan, page 78

It's the financial crisis that won't go away. Now the big banks' fear of big losses is threatening to bring down the entire system, with dire consequences for all of us. Here's what's going on, and what we can do about it.

THE LAST DAYS OF BEAR STEARNS, by Roddy Boyd, page 86

It only took a few days, a rising sense of panic — and a critical e-mail — to spell the end of the 85-year-old investment bank.

FEAR OF A BLACK SWAN, a conversation with Nassim Taleb, page 90

Risk guru Nassim Taleb talks about why Wall Street fails to anticipate disaster.

THE GREAT INFLATION COVER-UP, by Elizabeth Spiers, page 95

If the price of dinner is pinching us, why don't the CPI numbers acknowledge it?

THE DAY $2 BILLION WALKED OUT THE DOOR, by Katrina Brooker, page 98

Inside a bank panic: Customers deserting, investors fleeing, billions in losses. Survivors of a run at E*Trade tell how they fought to hang on.

FEATURES

HOW FASHION'S VF SUPERCHARGES ITS BRANDS, by Suzanne Kapner, page 108

When a century-old apparel firm in North Carolina hit the doldrums in the late 1990s, its ex-Army-pilot CEO decided to change course. No more basic underwear, thanks — we're going into cult brands. And it worked.

CNBC FEELS YOUR PAIN..., by Jessi Hempel, page 112

And your anxiety, and your greed, and your outrage, and your optimism. And by tapping into your emotions about the market, the channel is cashing in.

JOHN DEERE'S FARM TEAM, by Jenny Mero, page 119

Indian engineers set out to build cheap tractors for emerging markets. They ended up helping Deere plow new ground in the U.S. too.

THE MAN WHO WOULD BE ROBBINS, COVEY, AND CHOPRA, by Richard Siklos, page 128

One man's cosmic quest for wealth, harmony, and peace atop the cutthroat world of motivational speaking.

FIRST

Attacking Mars An Arctic island provides researchers with conditions close to those on the Red Planet. Fortress's Jacko Connection Hedge fund Fortress is helping the Moonwalker keep Neverland, but it may have its eye on a bigger prize. The Bulldog Regulating the financial industry. The Last Real Estate Boom An Alberta oil town has sky-high housing, but it's no luxury venue. The Flight to Save Detroit Bankers, lawyers, and consultants fly to the Motor City every week to advise their struggling clients. Value Driven A shrinking minority of citizens are paying most of Washington's bills. That's bad. Right on Your Money Finding student loans is harder now, but some simple rules can help. PLUS: Book Value: Sneaker SchismMeg Whitman's Next Career MoveLuxury RecessionClearing a Security Pro's Nameand more.

TECHNOLOGY

Cashing In on 3-D Hollywood's betting on 3-D movies. PLUS: Need to Knowand more.

C-SUITE

The Colvin Interview: Chrysler FORTUNE's Geoff Colvin talks with Robert Nardelli, Tom LaSorda, and James Press.

LIFE AT THE TOP

Must Watches Alternative investments to wear on your wrist. Top Timers These watches will weather market fluctuations. Dealer to CEOs Kirk Putze will find you the perfect watch. Road Warrior TAG Heuer's Ulrich Wohn. Joy Ride It's the least expensive BMW, but it gives outsized performance.

 

# # #

 

CONTACTS:

Brett LeVecchio
212-522-0361
brett_levecchio@timeinc.com

Katy Reitz
212-522-6724
Katy_Reitz@timeinc.com

 

Back to index