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Fortune

Highlights of the April 28, 2008 Issue of FORTUNE
Available on newsstands April 21, full stories are available at www.FORTUNE.com.

 

FEATURES

WHAT WARREN THINKS, by Nicholas Varchaver, page 58

With Wall Street in chaos, FORTUNE naturally went to Omaha looking for wisdom. Warren Buffett talks about the economy, the credit crisis, Bear Stearns, and more.

WHERE TO PUT YOUR MONEY NOW, by Jon Birger, page 64

Even some great investing minds are confused. But don't run scared. We found a few intriguing opportunities, including steel, Microsoft — and cattle futures.
PLUS: Soros Says; What About Bonds?; The Money Trap

THE DEAL: A GIFT FROM THE BELTWAY, by Allan Sloan, page 76

High-income folks like me don't qualify for rebate checks. But we're getting so much more.

SHOULD YOU RUSH TO GOLD?, by Elizabeth Spiers, page 79

Survivalists and speculators see it as the ultimate safe-haven, but buying too much can also be a trap.

Q&A: THE IGER DIFFERENCE, by Richard Siklos, page 90

Bob Iger has lead a renaissance at Disney. But can he withstand a bad economy and the tech revolution in the media business?

THE MAN WHO WANTS TO FIX RETAIL, by Suzanne Kapner, page 96

Richard Baker, the scion of a Greenwich, Conn., real estate dynasty, has made a billion-dollar bet on Lord & Taylor and an esoteric list of designers. Is he fashion's next power player, or will he be the latest deep-pocketed outsider to lose his shirt?

SAVING SOCIÉTÉ GÉNÉRALE, by Peter Gumbel, page 106

The inside story of how 31-year-old trader Jérôme Kerviel nearly destroyed French giant Société Générale, bank CEO Daniel Bouton's dramatic rescue, and the surprising aftermath of the affair.

THE BUSINESS OF GREEN: A GOING GREEN SPECIAL REPORT

EIGHT GREAT GREEN IDEAS, page 116

Entrepreneurs are risking their money to develop everything from hybrid vehicles to home solar-panel systems. Here are some of the best concepts.

CARBON FINANCE COMES OF AGE, by Marc Gunther, page 124

The cap-and-trade market for emissions — coming soon to America — is creating huge new opportunities for business.

WONDER FISH, by Jeffrey M. O'Brien, page 134

Yes, there is a toxin-free, sustainable, farmed fish. And damn if it ain't tasty.

THE SEARCH FOR THE PERFECT FUEL, by David Stipp, page 142

A U.S. company thinks it has found the next big thing in energy. Anyone for pond scum?

COCA-COLA'S GREEN CRUSADER, by Marc Gunther, page 150

It helps when the CEO is committed to sustainability.

FIRST

Waste Not The Beckton Sewage Treatment Works turns the waste of 3.4 million Londoners into energy. Last One Standing The Chicago Stock Exchange, the only remaining independent regional exchange, wants a buyer. Ford's Hollywood Break A bigtime product placement deal on NBC's Knight Rider. My Metric Dennis Gartman sees further real estate woes in this year's household summer-vacation plans. CIT is Everyone's Headache the decline of the century-old finance company could bring Wall Street's pain to Main Street. The Three-Minute Manager My company is being targeted by an activist. What should I do? Value Driven CEO pay has risen faster than profits, but there are major obstacles to changing the system. Road Warrior Seeing 60 games a year keeps NHL commissioner Gary Bettman on the go.

INVESTING

Fastest-Growing Companies Update Intuitive Surgical continues its winning streak on booming sales of its da Vinci robots. Netflix Lives! Video downloads haven't made the DVD-by-mail business obsolete.

TECHNOLOGY

Guess Who's Rewriting the Rules of Gaming? Girls, office drones, and other non-teenage boys hooked on new free-to-play online games, what's who. It's bad news for the giants like Electronic Arts; it's good news for the startups. Need to Know Cool stuff on our radar screen, including knife-proof T-shirts and a drugstore DNA paternity test.

MEGA-PROJECTS

Oil City A massive refining hub rises in Jamnagar, India. The second in a series on the world's largest construction projects.

 

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CONTACTS:

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

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

 

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