Tom Petters' co-conspirator Michael Catain was the entrepreneur behind Liquid 8 Records. But he also inherited a business from his father: financial crime.
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A recession. Credit markets closed tight. A city already packed with hotels. Graves Hospitality Corporatio is developing luxury hotels in New York anyway.
The bleak economic outlook notwithstanding, most baby boomers will still be packing up their desks and heading into some kind of retirement soon. How will companies fare when they leave?