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Fortune

Highlights of the November 26, 2007 Issue of FORTUNE
Available on newsstands November 19, full stories are available at www.FORTUNE.com.

 

THE MONEY MACHINE BREAKS DOWN, by Shawn Tully, page 64

The subprime mortgage debt crisis just keeps getting worse.
Also:

  • Carol Loomis Talks to Citigroup's Robert Rubin, page 68
  • Geoff Colvin on the Plunging Dollar, page 72
  • Bethany McLean Sees Enron All Over Again, page 76
  • Allan Sloan: A Cushy Exile, page 78

GORE'S SURPRISING NEW GIG, by Marc Gunther and Adam Lashinsky, page 82

How a recovering politician (Al Gore), a legendary VC (John Doerr), and a bigtime moneyman (David Blood) struck up an alliance with an audacious goal: making over the $6 trillion global energy business.

THE PAYPAL MAFIA, by Jeffrey M. O'Brien, page 96

An inside look at the hyperintelligent, superconnected band of serial entrepreneurs who are turning Silicon Valley upside down.
PLUS Meet the anti-VC VC: Sean Parker, the menace of Sand Hill Road, is just the man to bring street cred to a new venture capital firm. By Sarah Lacy

THE NEW IRON AGE, by Brian O'Keefe, page 112

In Western Australia a mining rush is unearthing massive quantities of iron ore to feed China's insatiable demand for steel. The continent's vast mineral wealth is creating a brash new era of billionaires and boomtowns.

ALL IN THE FAMILIES, by Christopher Tkaczyk and Corey Hajim, page 126

A photo album of the multigenerational clans that still control huge chunks of New York City's iconic skyline

DISPATCHES

PASTA PANIC, by Peter Gumbel, page 47

The price of wheat is up 60% this year, and in Italy they're taking to the streets over the cost of tortellini.

DEPARTMENTS

FIRST: The Battle for Your Social Circle Facebook thinks it has found a way to sell ads on its network. Google is readying a counterattack. Their fight may determine the future of advertising. Tesco Reinvents the 7-Eleven The British retail giant is out to break the mold with gourmet mini-supermarkets in Southern California. Mergers Undone With the credit crunch threatening high-profile deals, risk arbitrageurs have to have nerves of steel. For those that do, the rewards are still there. Collectors Sober Up Weak sales and the failure to find buyers at a recent auction signal that the white-hot contemporary art market is finally starting to cool. Lessons in Leadership How Lenovo CEO Bill Amelio brought two disparate corporate cultures together when a Chinese PC maker bought IBM's ThinkPad business. How I Work Hotelier Ian Schrager can't manage without to-do lists, vacations, and Starbucks coffee.
COLUMNS: Technology Despite the iPhone's near-flawless design, little gotchas seem to pop up at every turn. Questions for Brian Roberts Can Comcast stay ahead? Facing intense competition from satellite and phone rivals, the CEO of the largest U.S. cable company takes readers' questions.
BUSINESS LIFE: Airstream Adventures Those iconic aluminum trailers are back with a vengeance — and road trips have never looked so good. PLUS Sue Zesiger Callaway's plea to Ford CEO Alan Mulally to actually make the Ford Airstream. Books In American Creation, a distinguished historian fearlessly tackles the patriotic myths surrounding our nation's birth. Road Warrior Travel tips and beauty secrets from Betsy Olum, senior vice president of marketing for Sephora.
INVESTING: Playing the Oil Boom The stocks FORTUNE recommended in May have soared, along with the price of crude. It's time to take some profits. Small-Stock Focus Helping move money on six continents, Kansas-based Euronet Worldwide is a thriving company with a healthy long-term outlook. Mike Mayo on Battered Banks The veteran banking analyst talks about the subprime mess, the lessons from Merrill Lynch and Citigroup's miscues, and the stocks he's recommending now.

 

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CONTACT:

Katy Reitz
212-522-6724
Katy_Reitz@timeinc.com

 

Erin Clinton
212-522-4071
erin_clinton@timeinc.com

 

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