NEW YORK

Ted Forstmann, Private Equity Pioneer and Philanthropist, Dies at 71

Ted Forstmann
Wall Street legend Ted Forstmann, who died of brain cancer on Nov. 20, helped launch the private equity industry. The colorful financier was as known for his Republican leanings, charity work, and relationships with Princess Diana, Elizabeth Hurley and Padma Lakshmi as for his late-in-life warnings about Wall Street excesses.
More news
Natalie Wood

Natalie Wood's Death: Case Reveals Lifelong, Eerie Connection to Water

Long before Wood's death by drowning, the West Side Story and Rebel Without a Cause star had a lifelong, unsettling relationship with water, including a childhood fear of drowning and many significant parts of her life lived at sea. As Wood's case is re-opened, and as details about Robert Wagner and Dennis Davern emerge, sister Lana Wood links her drowning to premonitions of a watery death.
Gadhafi's son Saif al-Islam

Gaddafi's Son Captured in Libya: Who is Saif al-Islam?

The son of Libyan dictator Muammar Gaddafi is being held by Zintani rebels, authorities confirm, and will face trial for crimes against humanity. But will Saif al-Islam be tried in Libya, or by the International Criminal Court? And what role did al-Islam, once a Western-styled reformer, play in the brutal repression of the February uprisings?
People walk past a sign of Olympus Corp outside the company's showroom in Tokyo

More deals in focus as Olympus scandal widens

As attention in the Olympus accounting scandal turns to whether funds used to cover up losses were funneled to criminal groups, scrutiny is set to increase on deals not yet in the spotlight, including an ill-fated $780 million investment in technology firm ITX.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.