Rob Cox helped found Breakingviews.com in 2000 in London. From 2004 he spearheaded the publication's expansion in the United States and edited daily Breakingviews columns in the New York Times and Wall Street Journal. Rob has worked as a financial journalist in London, Milan, New York, Washington, Chicago and Tokyo. Rob was named editor in chief of Breakingviews in December 2012, three years after it was acquired by Thomson Reuters. Rob is a frequent contributor to MSNBC and has written opinion pieces on a variety of subjects for the Wall Street Journal, Newsweek, USA Today and other publications. Rob graduated from Columbia University’s Journalism School and the University of Vermont. Follow Rob on Twitter @rob1cox
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Uppity investors like Carl Icahn say their rattling of corporate cages benefits all shareholders. That’s one reason they can exert pressure on large enterprises with small investments. But the argument is weakened when they sell their stock to their targets in exclusive deals.
The Viennese repelled the Ottomans in 1683. Now Middle Eastern money is needed to shore up the Austrian capital’s banking jewel. After expanding in former Ottoman lands, Raiffeisen needs capital to retain its empire. A deal would represent more than historical irony, though.
The record-busting $142 mln sale by Christie’s of the artist’s set of paintings of Lucian Freud shows a contemporary art market in heady territory. The mind-boggling price paid for Bacon’s extraordinary work suggests three tenuous extrapolations for the broader world of money.
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