Thursday, September 4, 2008

Kirk Kerkorian



SPHERE OF INFLUENCE: As the owner and boss, at the age of 91, of a little known Tracinda Corporation (named after daughters Tracy and Linda), Kerkorian is feared and respected by corporate America. No CEO is safe in his chair, if something better could be done with his company while making over $5 billion. Tracinda troops, all loyal to Kerkorian, will swarm and company, large or larger, until the achievable is achieved. Chrysler was sold to Daimler Benz, MGM took over Mirage creating the largest gaming group, General Motors went through boot camp, MGM Studios starting making blockbuster films again, Ford's move to new age fuel concepts, all thanks to Kerkorian's midas touch. This professional boxer during youth, turned combat pilot during WII, and later taking on the Vegas and becoming the largest casino mogul, is the ultimate Mr. American Success Story. Fierce in actions and agile in thinking he is Mr. Smooth.

RECENT DEALS: Large stock positions taken and pressures applied on General Motors and Ford Motors Company.

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