Buyout king Teddy Forstmann -- known for his stunning returns (and Liz Hurley on his arm) -- dropped $2 billion on bad tech plays. Did he take his eye off the ball -- or swing (too late) for the fences?

Michael Skakel is the quintessential Kennedy-style bad boy -- except for one thing: He couldn't keep his mouth shut.

When the Whitney Museum's trustees convinced Tyco CEO Dennis Kozlowski to join their board, everyone thought they'd landed the richest prize in town. Careful what you wish for.

You can tell a lot about a man— and a mayor—by whom he invests with, what he invests in, and how much he makes.

Global banking is where the money is. So it didn't take Wall Street long to figure out that the next Masters of the Universe would be math whizzes from the Mideast and Asia. They're driven, they're connected, and they're increasingly in charge. But you won't see them on the golf course.

When the president talks, Wall Street listens -- and sells. Why? He and his people may have been CEOs, but the approach that works in the boardroom doesn't translate to the trading floor.

Martha Stewart and her private banker, Peter Bacanovic, shared a gift for seeming to be perfect. But now the ImClone scandal is widening, and an obstruction-of-justice charge might loom. To paraphrase Martha, that's not a good thing.

With Ron Perelman, the archetypal corporate raider, now one of Citigroup's largest shareholders, the wolf is finally on the inside.

William Harrison spent $41 billion trying to graft a blue-chip investment bank atop Chase-Chemical’s unglamorous loan business. Now both halves of his financial Frankenstein are struggling.

While other banking stars play to the crowd, Gene Tiger Sykes of Goldman Sachs wins the big deals by wooing a more select audience: CEOs like C. Michael Armstrong and Carly Fiorina.