Are Sex and Controversy a Good Business Strategy?
June 19 (Bloomberg) –- American Apparel Inc.’s board suspended Chief Executive Officer Dov Charney and said it plans to terminate the company’s founder for cause. Charney’s dismissal came out of an ongoing investigation into allegations of misconduct, and may trigger a notice of default, American Apparel said. Here's a numerical look at the brand that made leg warmers and mom jeans trendy again. (Initially published March 18.) (Source: Bloomberg)
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Shaoul: Shareholders Simply Don't Want to Own Deutsche
39:33 - A number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a sign of counterparties’ mounting concerns about doing business with Europe’s largest investment bank. Marketfield Asset Management Chairman, CEO and founding partner Michael Shaoul weighs in on "What'd You Miss?" (Source: Bloomberg)