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Black Auto Dealers Take Big Hit

In 2001, John Hall was treading into unfamiliar territory as a first-generation automobile dealer. But this summer, Hall found himself making one of the most difficult, yet necessary, choices he...

When a Company Like Facebook Goes Public

Does the Facebook price saga indicate that individual investors should shy away from IPOs? Not necessarily. “For the most part, IPOs are usually underpriced. They tend to perform well in the first year of public trading,” says Shawn D. Baldwin, chairman and CEO of Capital Management Group, a boutique investment bank and research advisory firm in Chicago. Baldwin’s firm has participated in more than $68 billion in underwritings, including success stories such as Google, in which CMG was a co-manager.

Enough Is Enough

Today, we live in a society happy to watch black people denigrate themselves, a culture that sees such self-denigration as a form of entertainment-and a lucrative one at that. The...

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