MONDAY, AUGUST 7, 2006
New York Times
Elevation Partners, which
includes musician
Bono, has paid up to $300 million for more than 40% of Forbes Media, reports
David Carr. "Bono's investment in a magazine that celebrates wealth and consumption is bound to raise eyebrows," he writes. But [Elevation co-founder
Roger] McNamee said the stake in Forbes did not necessarily clash with his politics and his rhetoric, saying, 'The way you solve poverty is giving people the tools to overcome it.'"
Posted at 7:28:46 AM
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