This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (December 2009)

This article is an orphan, as few or no other articles link to it. Please introduce links to this page from related articles; suggestions may be available. (December 2009)

A bought deal occurs when an underwriter, such as an investment bank or a syndicate, purchases securities from an issuer before a preliminary prospectus is filed. The investment bank (or underwriter) acts as principal rather than agent and thus actually "goes long" in the security. The bank negotiates a price with the issuer (usually at a discount to the current market price, if applicable).

The advantage of the bought deal from the issuer's perspective is that they do not have to worry about financing risk (the risk that the financing can only be done at a discount too steep to market price.) This is in contrast to a fully marketed offering, where the underwriters have to "market" the offering to prospective buyers, only after which the price is set.

The advantages of the bought deal from the underwriter's perspective include:

1. Bought deals are usually priced at a larger discount to market than fully marketed deals, and thus may be easier to sell; and
2. The issuer/client may only be willing to do a deal if it is bought (as it eliminates execution or market risk.)

The disadvantage of the bought deal from the underwriter's perspective is that if it cannot sell the securities, it must hold them. This is usually the result of the market price falling below the issue price, which means the underwriter loses money. The underwriter also uses up its capital, which would probably otherwise be put to better use (given sell-side investment banks are not usually in the business of buying new issues of securities).

This bank and insurance-related article is a stub. You can help Wikipedia by expanding it. v t e

George Lucas
George Lucas in 2009
Born	George Walton Lucas, Jr. (1944-05-14) May 14, 1944 (age 68) Modesto, California, U.S.
Residence	Marin County, California, U.S.
Nationality	American
Education	Modesto Junior College
Alma mater	University of Southern California (B.A. and B.S.)[1]
Occupation	Chairman & CEO of Lucasfilm
Years active	1965–present
Influenced by	Frank Herbert,[2] Joseph Campbell, Akira Kurosawa, John Ford
Home town	Central Valley, California, U.S.
Net worth	US$3.2 billion (2011)[1]
Spouse	Marcia Lucas (1969–1983)
Partner	Mellody Hobson (2007–present)

George Walton Lucas, Jr. (born May 14, 1944) is an American film producer, screenwriter, director, and entrepreneur. He is the founder, chairman and chief executive of Lucasfilm.^[3] He is best known as the creator of the space opera franchise Star Wars and the archaeologist-adventurer character Indiana Jones. Lucas is one of the American film industry's most financially successful directors/producers, with an estimated net worth of $3.2 billion as of 2011.^[1]

Early life and education[link]

George Lucas was born in Modesto, California, the son of Dorothy Ellinore (née Bomberger) and George Walton Lucas, Sr. (1913–1991), who owned a stationery store.^[4][5]

Lucas grew up in the Central Valley town of Modesto and his early passion for cars and motor racing would eventually serve as inspiration for his USC student film 1:42.08, as well as his Oscar-nominated low-budget phenomenon, American Graffiti. Long before Lucas became obsessed with film making, he wanted to be a race-car driver, and he spent most of his high school years racing on the underground circuit at fairgrounds and hanging out at garages. However, a near-fatal accident in his souped-up Autobianchi Bianchina on June 12, 1962, just days before his high school graduation, quickly changed his mind. Instead of racing, he attended Modesto Junior College and later got accepted into a junior college to study anthropology. While taking liberal arts courses, he developed a passion for cinematography and camera tricks. George Lucas graduated from USC in California.

As a child, Lucas never learned to swim, which became a source of embarrassment and frustration as he became older. Lucas has expressed in several interviews that his inability to swim was "the passion that drove me to succeed in filmmaking... [It] gave me the chip on my shoulder that I think was critical to my later success"^[6]

During this time, an experimental filmmaker named Bruce Baillie tacked up a bedsheet in his backyard in 1960 to screen the work of underground, avant-garde 16 mm filmmakers like Jordan Belson, Stan Brakhage and Bruce Conner. For the next few years, Baillie's series, dubbed Canyon Cinema, toured local coffeehouses. These events became a magnet for the teenage Lucas and his boyhood friend John Plummer. The 19-year-olds began slipping away to San Francisco to hang out in jazz clubs and find news of Canyon Cinema screenings in flyers at the City Lights bookstore. Already a promising photographer, Lucas became infatuated with these abstract films.

"That's when he [George] really started exploring" Plummer recalled. "We went to a theater on Union Street that shows art films, we drove up to San Francisco State for a film festival, and there was an old beatnik coffeehouse in Cow Hollow with shorts that were really out there." It was a season of awakening for Lucas, who had been an uninterested slacker in high school. At an autocross track, Lucas met his first mentor in the film industry — famed cinematographer Haskell Wexler, a fellow aficionado of sleek racing machines. Wexler was impressed by the way the shy teenager handled a camera, cradling it low on his hips to get better angles. "George had a very good eye, and he thought visually," Wexler recalls.^[7]

Lucas then transferred to the University of Southern California School of Cinematic Arts. USC was one of the earliest universities to have a school devoted to motion picture film. During the years at USC, George Lucas shared a dorm room with Randal Kleiser. Along with classmates such as Walter Murch, Hal Barwood and John Milius, they became a clique of film students known as The Dirty Dozen. He also became very good friends with fellow acclaimed student filmmaker and future Indiana Jones collaborator, Steven Spielberg. Lucas was deeply influenced by the Filmic Expression course taught at the school by filmmaker Lester Novros which concentrated on the non-narrative elements of Film Form like color, light, movement, space, and time. Another huge inspiration was the Serbian montagist (and dean of the USC Film Department) Slavko Vorkapich, a film theoretician comparable in historical importance to Sergei Eisenstein, who moved to Hollywood to make stunning montage sequences for studio features at MGM, RKO, and Paramount. Vorkapich taught the autonomous nature of the cinematic art form, emphasizing the unique dynamic quality of movement and kinetic energy inherent in motion pictures.

Lucas saw many inspiring films in class, particularly the visual films coming out of the National Film Board of Canada like Arthur Lipsett's 21-87, the French-Canadian cameraman Jean-Claude Labrecque's cinéma vérité 60 Cycles, the work of Norman McLaren, and the documentaries of Claude Jutra. Lucas fell madly in love with pure cinema and quickly became prolific at making 16 mm nonstory noncharacter visual tone poems and cinéma vérité with such titles as Look at Life, Herbie, 1:42.08, The Emperor, Anyone Lived in a Pretty (how) Town, Filmmaker, and 6-18-67. He was passionate and interested in camerawork and editing, defining himself as a filmmaker as opposed to being a director, and he loved making abstract visual films that create emotions purely through cinema.^[7]

After graduating with a bachelor of fine arts in film in 1967, he tried joining the United States Air Force as an officer, but he was immediately turned down because of his numerous speeding tickets. He was later drafted by the Army for military service in Vietnam, but he was exempted from service after medical tests showed he had diabetes, the disease that killed his paternal grandfather.

In 1967, Lucas re-enrolled as a USC graduate student in film production. Working as a teaching instructor for a class of U.S. Navy students who were being taught documentary cinematography, Lucas directed the short film Electronic Labyrinth: THX 1138 4EB, which won first prize at the 1967–68 National Student Film Festival, and was later adapted into his first full-length feature film, THX 1138. Lucas was awarded a student scholarship by Warner Brothers to observe and work on the making of a film of his choosing. The film he chose was Finian's Rainbow (1968) which was being directed by Francis Ford Coppola, who at the time was revered among film school students of the time as a cinema graduate who had "made it" in Hollywood. In 1969, George Lucas was one of the camera operators on the classic Rolling Stones concert film Gimme Shelter.

Film career[link]

George Lucas is a filmmaker, with a film career dominated by writing and production. Aside from the nine short films he made in the 1960s, he also directed six major features. His work from 1971 and 1977 as a writer-director, which established him as a major figure in Hollywood, consists of just three films: THX 1138, American Graffiti, and Star Wars. There was a 22-year hiatus between the original Star Wars film and his only other feature-film directing credits, the three Star Wars prequels.

Lucas acted as a writer and executive producer on another successful Hollywood film franchise, the Indiana Jones series. In addition, he established his own effects company, Industrial Light and Magic (ILM), to make the original Star Wars film. The company is now one of the most successful in the industry.

Lucas co-founded the studio American Zoetrope with Coppola—whom he met during his internship at Warner Brothers—hoping to create a liberating environment for filmmakers to direct outside the perceived oppressive control of the Hollywood studio system^{[citation needed]}. His first full-length feature film produced by the studio, THX 1138, was not a success. Lucas then created his own company, Lucasfilm, Ltd., and directed American Graffiti (1973). His new-found wealth and reputation enabled him to develop a story set in space. Even so, he encountered difficulties getting Star Wars made. It was only because Alan Ladd, Jr., at Fox Studios liked American Graffiti that he forced through a production and distribution deal for the film, which ended up restoring Fox to financial stability after a number of flops.^[8]

Star Wars quickly became the highest-grossing film of all-time, displaced five years later by Spielberg’s E.T. the Extra-Terrestrial. During the filming of Star Wars, Lucas waived his up-front fee as director and negotiated to own the licensing rights (for novelizations, T-shirts, toys, etc.)^{[citation needed]}—rights which the studio thought were nearly worthless^{[citation needed]}. This decision earned him hundreds of millions of dollars^{[citation needed]}, as he was able to directly profit from all the licensed games, toys, and collectibles created for the franchise. This accumulated capital enabled him to finance the sequel himself.

Over the two decades after the first Star Wars film, Lucas worked extensively as a writer and/or producer, including the many Star Wars spinoffs made for film, TV, and other media. He acted as executive producer for the next two Star Wars films, assigning the direction of The Empire Strikes Back to Irvin Kershner and Return of the Jedi to Richard Marquand, while receiving a story credit on the former and sharing a screenwriting credit with Lawrence Kasdan on the latter. Lucas also acted as executive producer and story writer on all four of the Indiana Jones films, which he convinced his colleague and good friend, Steven Spielberg, to direct. Other notable projects as a producer or executive producer in this period include Kurosawa's Kagemusha (1980), Lawrence Kasdan's Body Heat (1981), Jim Henson's Labyrinth (1986), Godfrey Reggio's Powaqqatsi (1986) and the animated film The Land Before Time (1988). There were also some less successful projects, however, including More American Graffiti (1979), the ill-fated Howard the Duck (1986), which was arguably^{[citation needed]} the biggest flop of his career; Willow (1988, which Lucas also wrote); and Coppola's Tucker: The Man and His Dream (1988). Between 1992 and 1996, Lucas served as executive producer for the television spinoff The Young Indiana Jones Chronicles. In 1997, for the 20th anniversary of Star Wars, Lucas went back to his trilogy to enhance and add certain scenes using newly available digital technology. These new versions were released in theaters as the Star Wars Trilogy: Special Edition. For DVD releases in 2004, this series has received further revisions to make them congruent with the prequel trilogy. Besides the additions to the Star Wars franchise, Lucas released Special Edition director's cuts of THX 1138 and American Graffiti containing a number of CGI revisions.

Lucas at the Venice Film Festival in 2009.

The animation studio Pixar was founded as the Graphics Group^{[citation needed]}, one third of the Computer Division of Lucasfilm. Pixar's early computer graphics research resulted in groundbreaking effects in films such as Star Trek II: The Wrath of Khan^[9] and Young Sherlock Holmes,^[9] and the group was purchased in 1986 by Steve Jobs shortly after he left Apple after a power struggle at Apple Computer. Jobs paid U.S. $5 million to Lucas and put U.S. $5 million as capital into the company. The sale reflected Lucas' desire to stop the cash flow losses from his 7-year research projects associated with new entertainment technology tools, as well as his company's new focus on creating entertainment products rather than tools. A contributing factor was cash-flow difficulties following Lucas' 1983 divorce concurrent with the sudden dropoff in revenues from Star Wars licenses following the release of Return of the Jedi.

The sound-equipped system, THX Ltd, was founded by Lucas and Tomlinson Holman^{[citation needed]}. The company was formerly owned by Lucasfilm, and contains equipment for stereo, digital, and theatrical sound for films, and music. Skywalker Sound and Industrial Light & Magic, the sound and visual effects subdivisions of Lucasfilm, respectively, have become among the most respected firms in their fields^{[citation needed]}. Lucasfilm Games, later renamed LucasArts, is well respected in the gaming industry^{[citation needed]}.

In 1994, Lucas began work on the screenplay for the prequel Star Wars Episode I: The Phantom Menace, which would be the first film he had directed in over two decades. The Phantom Menace was released in 1999, beginning a new trilogy of Star Wars films. Lucas also directed Star Wars Episode II: Attack of the Clones and Star Wars Episode III: Revenge of the Sith which were released in 2002 and 2005, respectively. Numerous critics considered these films inferior to the previously released Star Wars, The Empire Strikes Back, and Return of the Jedi.^[10][11][12]

In 2008, he reteamed with Spielberg for Indiana Jones and the Kingdom of the Crystal Skull.

Lucas currently serves as executive producer for Star Wars: The Clone Wars, an animated television series on Cartoon Network, which was preceded by a feature film of the same name. He is also working on a so-far untitled Star Wars live-action series.

For the film Red Tails (2012), Lucas serves as story-writer and executive producer. He also took over direction of reshoots while director Anthony Hemingway worked on other projects. Lucas is working on his first musical, an untitled CGI project being produced at Skywalker Ranch. Kevin Munroe is directing and David Berenbaum wrote the screenplay.^[13]

Semi-retirement[link]

In January 2012, Lucas announced his retirement from producing large-scale blockbuster films and instead re-focusing his career on smaller, independently budgeted features. He did not specify whether or not this would affect his involvement with a fifth installment of the Indiana Jones series.^[14][15][16]

Philanthropy[link]

In 1991, The George Lucas Educational Foundation was founded as a nonprofit operating foundation to celebrate and encourage innovation in schools. The Foundation's content is available under the brand Edutopia, in an award-winning web site, social media and via documentary films. Lucas, through his foundation, was one of the leading proponents of the E-rate program in the universal service fund,^[17] which was enacted as part of the Telecommunications Act of 1996. On June 24, 2008, Lucas testified before the United States House of Representatives subcommittee on Telecommunications and the Internet as the head of his Foundation to advocate for a free wireless broadband educational network.^[18]

In 2005, Lucas gave US$1 million to help build the Martin Luther King, Jr. National Memorial on the National Mall in Washington D.C. to commemorate American civil rights leader Martin Luther King, Jr.^[19]

On September 19, 2006, USC announced that George Lucas had donated $175–180 million to his alma mater to expand the film school. It is the largest single donation to USC and the largest gift to a film school anywhere.^[20] Previous donations led to the already existing George Lucas Instructional Building and Marcia Lucas Post-Production building.^[21][22]

Awards[link]

The American Film Institute awarded Lucas its Life Achievement Award on June 9, 2005.^[23] This was shortly after the release of Star Wars Episode III: Revenge of the Sith, about which he joked stating that, since he views the entire Star Wars series as one film, he could actually receive the award now that he had finally "gone back and finished the movie."

On June 5, 2005, Lucas was named among the 100 "Greatest Americans" by the Discovery Channel.^[24]

Lucas was nominated for four Academy Awards: Best Directing and Writing for American Graffiti, and Best Directing and Writing for Star Wars. He received the Academy's Irving G. Thalberg Award in 1991. He appeared at the 79th Academy Awards ceremony in 2007 with Steven Spielberg and Francis Ford Coppola to present the Best Director award to their friend Martin Scorsese. During the speech, Spielberg and Coppola talked about the joy of winning an Oscar, making fun of Lucas, who has not won a competitive Oscar.

Lucas at the Time 100 2006 gala

On June 17, 2006, the Science Fiction Hall of Fame inducted George Lucas and three others.^[25][26]

On January 1, 2007 George Lucas served as the Grand Marshal for the 2007 Tournament of Roses Parade, and made the coin toss at the 2007 Rose Bowl.

On August 25, 2009, Governor Arnold Schwarzenegger and Maria Shriver announced that Lucas would be one of 13 California Hall of Fame inductees in The California Museum's yearlong exhibit. The induction ceremony was on December 1, 2009 in Sacramento, California.

On September 6, 2009, Lucas was in Venice to present to the Pixar team the Golden Lion for Lifetime Achievement during the 2009 Biennale Venice Film Festival.

Personal life[link]

In 1969, Lucas married film editor Marcia Lou Griffin, who went on to win an Academy Award for her editing work on the original Star Wars film. George and Marcia adopted a daughter, Amanda, in 1981, and divorced in 1983. Lucas has since adopted two more children: Katie, born in 1988, and Jett, born in 1993. All three of his children have appeared in the three Star Wars prequels, as has Lucas himself. Lucas had been in a long relationship with and engaged to singer Linda Ronstadt. He has been dating Mellody Hobson, president of Ariel Investments, since 2006 and she has accompanied him to several events including the 79th Academy Awards ceremony in February 2007, an American Film Institute event in October 2007, the 2008 Cannes Film Festival held in May, and the 2010 Golden Globes.^[27][28][29]

Lucas was born and raised in a strong Methodist family. The religious and mythical themes in Star Wars were inspired by Lucas' interest in the writings of mythologist Joseph Campbell,^[30] and he would eventually come to identify strongly with the Eastern religious philosophies he studied and incorporated into his films, which were a major inspiration for "the Force." Lucas eventually came to state that his religion was "Buddhist Methodist". Lucas resides in Marin County.^[31][32]

Lucas has said that he is a fan of Seth MacFarlane's hit TV show Family Guy. MacFarlane has said that Lucasfilm was extremely helpful when the Family Guy crew wanted to parody their works.^[33]

Lucas has pledged to give half of his fortune to charity as part of an effort called The Giving Pledge led by Bill Gates and Warren Buffett to persuade America's richest individuals to donate their financial wealth to charities.^[34][35]

Filmography[link]

References[link]

Sources[link]

• Rinzler, J.W. "The Making of Star Wars, The Definitive Story Behind the Original Film", Ebury Press, 2007.
• Silberman, Steve "Life After Darth" Wired, November, 2005
• "George Lucas: Interviews" University Press of Mississippi (February 16, 2007)
• The Cinema of George Lucas (Hardcover) by Marcus Hearn, Publisher: Harry N. Abrams (March 1, 2005)
• Michael Rubin, "Droidmaker: George Lucas and the Digital Revolution" (2005) [ISBN 0937404675]

External links[link]

Wikiquote has a collection of quotations related to: George Lucas

Wikimedia Commons has media related to: George Lucas

• George Lucas biography at the Science Fiction Hall of Fame
• George Lucas at the Internet Movie Database
• George Lucas at AllRovi
• George Lucas at the Notable Names Database
• George Lucas at the Internet Speculative Fiction Database
• George Lucas biography at Lucasfilm.com
• George Lucas biography at World Business Forum where Lucas is a featured speaker for the 2009 event

Michael Dell
Michael Dell, founder, chairman and CEO of Dell
Born	(1965-02-23) February 23, 1965 (age 47) Houston, Texas, U.S.
Residence	Austin, Texas
Nationality	American
Ethnicity	Jewish [1]
Alma mater	University of Texas at Austin (Dropped out)
Occupation	Chairman and CEO of Dell
Net worth	US$ 15.9 billion (2012)[1]
Spouse	Susan Dell

Michael Saul Dell (born February 23, 1965) is an American business magnate and author. He is known as the founder and CEO of Dell, Inc., one of the world’s leading sellers of personal computers (PCs). He is ranked as the 41st richest person in the world on 2012 Forbes Billionaires list, with a net worth of US$15.9 billion as of March 2012.^[2] In 2011, his 243.35 million shares of Dell stock were worth $3.5 billion, giving him 12% ownership of the company.^[3] His remaining wealth of roughly $10 billion is invested in other companies, and managed by a firm called MSD Capital (named after Dell's initials).^[4]

Early life and education[link]

Michael Dell was born to a well-off, Jewish family, on February 23, 1965.^[5] The son of an orthodontist^[6] and a stockbroker, Dell attended Herod Elementary School in Houston, Texas.^[7] In a bid to enter business early, he applied to take a high school equivalency exam at age eight. In his early teens, he invested his earnings from part-time jobs in stocks and precious metals.^[8]

Dell purchased his first calculator at age seven and encountered his first teletype machine in junior high, which he programmed after school. At age 15, after playing with computers at Radio Shack, he got his first computer, an Apple II, which he promptly disassembled to see how it worked.^[9] Dell attended Memorial High School in Houston, selling subscriptions to the Houston Post in the summer. While making cold calls, Dell observed that newlyweds and people moving into new homes were most likely to buy a subscription. He targeted this demographic group by collecting names from marriage and mortgage applications. Dell earned $18,000 that year, exceeding the annual income of his history and economics teacher.^[10]

Career[link]

A PC's Limited Turbo PC signed by Dell

Michael Dell lecturing at the Oracle OpenWorld, San Francisco 2010

While a freshman pre-med student at the University of Texas at Austin, Dell started an informal business putting together and selling upgrade kits for personal computers^[11] in room 2713 of the Dobie Center residential building. He then applied for a vendor license to bid on contracts for the State of Texas, winning bids by not having the overhead of a computer store.^[12][13][14]

In January 1984, Dell banked on his conviction that the potential cost savings of a manufacturer selling PCs directly had enormous advantages over the conventional indirect retail channel. In January 1984, Dell registered his company as "PC's Limited". Operating out of a condominium, the business sold between $50,000 and $80,000 in upgraded PCs, kits, and add-on components. In May, Dell incorporated the company as "Dell Computer Corporation" and relocated it to a business center in North Austin. The company employed a few order takers, a few more people to fulfill them, and, as Dell recalled, a manufacturing staff "consisting of three guys with screwdrivers sitting at six-foot tables." The venture's capitalization cost was $1,000.^[15][16]

In 1992 at the age of 27, Dell became the youngest CEO to have his company ranked in Fortune magazine's list of the top 500 corporations.^[17] In 1996, Dell started selling computers over the Web, the same year his company launched its first servers. Dell Inc. soon reported about $1 million in sales per day from dell.com.^[18] In the first quarter of 2001, Dell Inc. reached a world market share of 12.8 percent, passing Compaq to become the world's largest PC maker. The metric marked the first time the rankings had shifted over the previous seven years. The company's combined shipments of desktops, notebooks and servers grew 34.3 percent worldwide and 30.7 percent in the United States at a time when competitors' sales were shrinking.^[19]

In 1998, Dell founded MSD Capital L.P. to manage his and his family's investments. Investment activities include publicly-traded securities, private equity activities, and real estate. The firm employs 80 people and has offices in New York, Santa Monica and London. Dell is not involved in day-to-day operations.^[20]

On March 4, 2004, Dell stepped down as CEO of Dell Inc. but stayed as chairman of the board, while Kevin Rollins, then president and COO, became president and CEO. On January 31, 2007, Dell returned as CEO at the request of the board, succeeding Rollins.^[21]

Accolades for Dell include "Entrepreneur of the Year" (at age 24) from Inc. magazine;^[22] "Top CEO in American Business" from Worth magazine; "CEO of the Year" from Financial World, Industry Week and Chief Executive magazines.

Dell serves on the Foundation Board of the World Economic Forum, the executive committee of the International Business Council, the U.S. Business Council, and the governing board of the Indian School of Business in Hyderabad, India. He previously served as a member of the U.S. President’s Council of Advisors on Science and Technology.^[23]

In July 2010 Dell agreed to pay a $4 million penalty to settle SEC charges^[24] of disclosure and accounting fraud in relation to undisclosed payments from Intel Corporation. Dell Corporation and two other company executives also paid to settle all the charges.

Writings[link]

Dell's 1999 book, Direct from Dell: Strategies That Revolutionized an Industry, is an account of his early life, his company's founding, growth and missteps, as well as lessons learned. The book was written in collaboration with Catherine Fredman.^[25]

Wealth and personal life[link]

As of 2011, Forbes estimates Dell's net worth at $14.6 billion.^[26]

Dell resides in Austin, Texas with his wife, Susan, and their four children.^[27][28]

Philanthropy[link]

In 1999, Michael and Susan Dell established the Michael and Susan Dell Foundation, which focuses on children’s causes. By 2010, the foundation had committed more than $530 million to assist nonprofit organizations serving urban communities in the United States and India.^[29] The foundation has also provided $65 million in grants to three health-related organizations associated with the University of Texas: the Michael & Susan Dell Center for Advancement of Healthy Living, the Dell Pediatric Research Institute, and the Dell Children’s Medical Center, as well as funding for a new computer science building on the University of Texas campus.^[30][31]

In 2002, Dell received an honorary doctorate in Economic Science from the University of Limerick in honor of his investment in Ireland and the local community and for his support for educational initiatives.^[32]

Political contributions[link]

In 2004, Susan and Michael Dell were among 53 contributors of $250,000 (the maximum legal donation) to the second inauguration of President George W. Bush.^[33]

Criticism[link]

In the April 2011 issue of Mother Jones, a timeline of Michael Dell's life is included in the article American Magnate: Michael Dell: How a homegrown geek outsourced, downsized, and tax-breaked his way to the top. The article juxtaposes the CEO's spending on luxurious homes and private jet travel with his pursuit of tax breaks and tax holidays and Dell Computer's eventual offshoring of jobs overseas after receiving the incentives for setting up shop locally.^[34]

References[link]

Bibliography[link]

Dell, Michael; Catherine Fredman (1999). Direct From Dell: Strategies that Revolutionized an Industry. New York, New York: HarperColins Publishers. ISBN 0-88730-914-3. 

Wikimedia Commons has media related to: Michael Dell