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Recent Press Releases (U.S. and international) for magazine issues and staff changes may be found below. Please note that for many issues there exists only a highlights sheet, while for others there may also be a full press release. The cover of FORTUNE's current issue is pictured at right. Please contact the appropriate communications staff member with any questions.
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Highlights of the June 9, 2008 Issue of FORTUNE
FEATURES AMERICA'S HOTTEST INVESTOR, by Jon Birger, page 54 Never mind the rocky market. After a string of supersmart calls, mutual fund manager Ken Heebner, of Capital Growth Management (CGM), is putting up the best numbers of his sterling career. Basically, he's the last of the gunslingers — a go-anywhere manager who can be investing in left-for-dead U.S. value stocks one day and red-hot Brazilian growth stocks the next. But he's not just playing hunches. He knows from years of experience. FORTUNE takes an in-depth look at the hype about Heebner. LESSONS OF THE FALL, by Patricia Sellers, page 70 What goes up must come down. It's a law of CEO physics. Every year a few star bosses succumb to it and lose their jobs. Most reemerge smoothly a few years later with a new job, an investment fund, or a philanthropy project. But whether it's out of shame or an optimistic focus on the future, few ever discuss what it's like — for a CEO, a spouse, or even the CEO's kids — to survive the fall from a corporate pinnacle. In mid-May, FORTUNE lured three of these former chiefs, ex-CEOS from JetBlue, Starbucks, and Motorola, to Manhattan to trade insights on some of their bumpy moments at the top and on what came after. DOWNSIZING THE AMERICAN HOME,, by Shawn Tully, page 82 During the housing bubble, KB Home, like many other big builders, blew up its old-line business by going ritzy and building expensive houses. Now KB is among the first homebuilders to recognize the error of its ways, and is returning to its roots as a purveyor of low-cost, smaller homes. And KB's new, more modest model provides a glimpse of what the return of the housing market may look like. This is FORTUNE's look at KB, its houses, and its CEOs. TRADER, FATHER, VETERAN, CONVICT,, by Betsy Morris, page 92 For anybody who knew him, the idea that Craig Gile would end up in prison just didn't make sense. If it could happen to him, it could happen to anybody. But as famous CEOs marched off to jail, so did guys like Craig Gile. The Citigroup trader had a wonderful life — until the feds decided to make an example of him. FORTUNE details the story of Gile and asks: was it fair? LEGAL OPINIONS FOR SALE, by Roger Parloff, page 104 FORTUNE's Roger Paloff gets behind the controversy of when a professor aims to "shame" his colleagues. GAMESTOP RACKS UP THE POINTS, by Devin Leonard, page 108 No retailer has more cachet among gamers than GameStop, and only Wal-Mart has a larger share of the market—for now. GameStop may well overtake Wal-Mart this year. It isn't often that a retailer challenges Wal-Mart in any category. How has GameStop pulled it off? FORTUNE explores the people who run the store your kids never leave. FIRST Going, Going... It's the end of the road for classical mechanical gas pumps, which can't show prices above $3.99 or totals above $99.99. A Big Give for Peter Buffett Warren's youngest son teams with Nike on a $100 million grant to help adolescent girls in countries such as Zambia and Bangladesh. Fine Art Froth New York's spring auctions defy the recession. It Could Still Be the Biggest Deal Our May 26 issue had Providence Equity's buyout of BCE as the largest ever. But it hasn't happened yet. Wal-Mart Puts the Squeeze on Costs The retailer is using its clout with food suppliers to maintain low prices. Hollywood Reality Check An office-building expert picks out the flaws in big-screen heists. A New Way to Sell Lobster Buy the rights to a trap — and all the lobsters it pulls in during a season. Value Driven How the next President can make history. The Long and Short of It A solution to the energy crisis has been under our nose for decades. Fastest-Growing Companies Update The success of the Ugg boot is helping Deckers maintain growth. Stagflation Is Back. Here's How to Beat It The world is running short on energy, food, and water. The answer: a massive dose of technology. By Economist Jeff Sachs. TECHNOLOGY Mark Hurd, Superstar Why the EDS deal may prove to be a smart move — and how it fits into HP's larger plans. Need to Know Cool stuff on our radar screen, including surprising data about cellphone users, and a portable inkless photo printer. Fast Forward Microsoft's Kevin Johnson talks about innovation, disruption, and what he's going to do about Google.
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CONTACTS: Brett LeVecchio Katy Reitz
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