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DURING his spectacular rise from London beancounter to the globe-trotting boss of WPP, the advertising powerhouse he created out of a backstreet wire-basket and trolley company, Sir Martin Sorrell was rarely sentimental. The man who helped turn a ramshackle but chic industry into a global force poached accounts mercilessly and often pitted his own firms against each other in the quest for clients.Not for nothing did the late David Ogilvy, one of the industry's founding patriarchs, reputedly describe him as an “odious little shit” when WPP came after the Ogilvy Group in the late 1980s at the dawn of its decades-long acquisition spree (see chart). But Ogilvy later became WPP's non-executive chairman, and the company turned into the world's largest marketing conglomerate with more than $20bn in annual revenues. In business, Sir Martin charmed as well as cajoled.
NASHVILLE, Tenn. - Family Research Council President Tony Perkins this morning addressed the National Religious Broadcaster's 75th annual convention on the importance of evangelicals continuing to engage our culture to promote faith, family, freedom in the public square....
BONDS, shares and Treasury bills are all very well, but in the end they are just pieces of paper. They are not assets you can hang on the wall or display to admiring neighbours. Many rich people like to invest their wealth in more tangible form; property, of course, but also collectibles such as art, fine wine and classic cars.Is that wise? Elroy Dimson, Paul Marsh and Mike Staunton of the London Business School (LBS) have run the numbers for their annual analysis of the financial markets in the Credit Suisse global investment-returns yearbook. Some of these assets have done rather better than others (see chart). Fine wine delivered the best returns; surprising to cynics who might assume that, in the long run, the value of wine vanishes as it turns into vinegar. Really old wine often has historical resonance. A bottle of Chateau Lafite Rothschild from 1787 was sold for $156,450 in 1985 because it was thought to belong to Thomas Jefferson.Estimating the returns from these assets, after...Continue reading
WASHINGTON, D.C. - On Friday, the same day hundreds of thousands descend on the city for the annual March for Life, the House of Representatives will vote on the Born-Alive Abortion Survivors Protection Act (H.R. 4712). This legislation would require health care practitioners to provide life-saving medical care to babies born alive who survive an attempted abortion, just as they would do for other babies born at the same age of development. It will create criminal penalties to enforce what is currently only a definitional provision in federal law. The bill expressly prohibits any prosecution under this act of the mother of a child born-alive, and gives her a private right of action to seek relief if an abortionist were to kill or neglect her born-alive infant. Although a similar measure was signed into law by President Bush in 2003, it never had the teeth needed to hold the abortion industry accountable. Family Research Council (FRC) announced plans to score in favor of both the rule to consider the legislation and final passage of the Born-Alive Abortion Survivors Protection Act....
WASHINGTON, D.C. - On Friday, January 19, just prior to the annual March For Life, Reps. Marsha Blackburn (R-Tenn.) and Cathy McMorris Rodgers (R-Wash.) will join other speakers at Family Research Council headquarters for the 13th annual ProLifeCon Digital Action Summit....
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