Journalist. Husband. Father. Fly Fisherman. Skier. Canadian. I do interviews on @BloombergTV. Instagram: @eschatzker

How Colony Capital CEO Tom Barrack Became a Bordeaux-Style Winemaker

bloomberg.com — Billionaire Tom Barrack made his fortune making contrarian bets in real estate. So when it came to getting his family into the wine business, he saw no point buying a trophy property-at trophy prices-in Bordeaux or Napa, Calif. Instead, he bought a 1,300-acre ranch an hour north of Santa Barbara, Calif., and planted his own vines.

Bill Gates Says U.S. Drug Pricing System OK

realclearscience.com — Billionaire Bill Gates, whose foundation seeks to spread modern medicine through the developing world and wipe out diseases of the poor such as malaria, said he supports the U.S. drug pricing system...

Bill Gates Calls U.S. Drug Pricing System ‘Better Than Most’

bloomberg.com — Billionaire Bill Gates, whose foundation seeks to spread modern medicine through the developing world and wipe out diseases of the poor such as malaria, said he supports the U.S. drug pricing system even as politicians have intensified their criticism of high costs.

Active Managers Seen Needing to Shed as Much as $10 Trillion

bloomberg.com — Active investment managers may need to shrink assets by as much as 30 percent if they want to beat industry benchmarks, Peter Kraus, chief executive officer of AllianceBernstein Holding LP, said.

Mahindra Chief Sees Modi Sparking Potential in India Economy

bloomberg.com — Anand Mahindra, chairman of India's Mahindra group, is optimistic that the nation's economy is poised to "surprise on the upside" thanks to the business-friendly policies of Prime Minister Narendra Modi. "What I give him 100 percent marks for is bringing in transparency in big business," Mahindra said of Modi in an interview Monday on Bloomberg Television.

Oil at $45 proving no savior as bankruptcies pile up

worldoil.com — By Asjylyn Loder, Erik Schatzker on 5/13/2016 HOUSTON (Bloomberg) -- Three bankruptcies this week shows that $45/bbl oil isn't enough to rescue energy companies on the verge of collapse. Since the start of 2015, 130 North American oil and gas producers and service companies have filed for bankruptcy owing almost $44 billion, according to law firm Haynes & Boone.

Aramco IPO May Signal Concern Over Oil’s Future, Chanos Says

bloomberg.com — Saudi Arabia's plan to sell part of its stake in state-controlled oil producer Aramco may suggest the kingdom's leaders are worried about the long-term prospects for crude demand and prices, said short-seller Jim Chanos, founder of Kynikos Associates. "What is Saudi Arabia telling us if they want to get out, want to sell 20 percent to you?"

Oil at $45 a Barrel Proving No Savior as Bankruptcies Add Up

bloomberg.com — Three bankruptcies this week shows that $45 a barrel oil isn't enough to rescue energy companies on the verge of collapse. Since the start of 2015, 130 North American oil and gas producers and service companies have filed for bankruptcy owing almost $44 billion, according to law firm Haynes & Boone.

Incoming Delta Chief Plans to Hold Off on Oil Hedging for Now

bloomberg.com — Delta Air Lines Inc.'s Ed Bastian, the incoming chief executive officer, said he has seen too many bad bets on the price of fuel for the carrier to start hedging again soon. "The reason we haven't hedged for the last year and a half is there's just too much volatility, and we've been burned," Bastian said in an interview with Bloomberg TV.

Diller's Home Services Bet Could Hit $1 Billion in a Few Years

bloomberg.com — HomeAdvisor, the online home services marketplace owned by Barry Diller's IAC/InterActiveCorp, may reach $1 billion in revenue in the next three to five years, Chief Executive Officer Chris Terrill said. "It all depends on what kind of investments we make and what sort of things we do over the next 12 to 24 months," Terrill said in an interview to be aired Tuesday on Bloomberg TV.
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Jul 18, 2016

Why is investor @TomBarrackJr supporting @realDonaldTrump and speaking at the GOP convention? Watch him on @BloombergTV at 8:30 a.m. ET.

Jul 18, 2016

Investor @TomBarrackJr, a headline speaker at the GOP convention, just released this piece on trade and the economy  https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rHzFdWwNqpjg/v0 

Jul 15, 2016

The FTC complaint against Herbalife cites many dodgy sales/incentive practices but doesn't call it a pyramid scheme  https://www.ftc.gov/system/files/documents/cases/160715herbalifecmpt.pdf 

Jun 15, 2016

Waiting for Janet Yellen to explain why the @federalreserve now expects rates to be lower for even longer. https://t.co/lsXoHwjydk


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