Where’s the capital capital of the world? Just ask Luther Hodges, the president of National Bank of Washington. Two years ago Hodges put together a syndicate of nearly 100 investors and orchestrated the acquisition of NBW from the United Mine Workers. The biggest chunk of capital for the deal came from an investor in Riyadh, Saudi Arabia.
Poor Rupert Murdoch. For quite a while now, the Australian media tycoon has had something of a love-hate relationship with his competitors and critics. Murdoch, it seems, is just the kind of man they love to hate.
Under the Counter
Where’s the capital capital of the world? Just ask Luther Hodges, the president of National Bank of Washington. Two years ago Hodges put together a syndicate of nearly 100 investors and orchestrated the acquisition of NBW from the United Mine Workers. The biggest chunk of capital for the deal came from an investor in Riyadh, Saudi Arabia.