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Money Face-Off recap: Oprah and Tiger and Buffett, oh my!

It's been a week since our Money Face-Off posts ran here on BloggingStocks, and less than that since the Money Face-Offs were featured on the AOL welcome page, and the response has been terrific. Many of the face-off polls have had more than 50,000 votes, a couple of them approaching 100,000.

The biggest response came to the Oprah Winfrey vs. Martha Stewart match-up. So far, about 75 percent of respondents feel that Oprah is the more successful media magnate. Not that much surprise there, as Oprah's fans are legion. Interestingly, though, of the twenty-some comments the post has received, most of them are pro-Martha.

Another clear leader is Bill Gates over rival Steve Jobs. About three quarters of poll votes have gone his way, despite all the buzz recently about Apple Inc. (NASDAQ: AAPL) and the popularity of its products. Maybe readers are just happy that Gates is stepping down. Let us know what you think.

Alan Greenspan seems to be everywhere these days, promoting his new book, including Comedy Central's The Daily Show and NPR's Fresh Air. In our match-up of the current and former Fed chairs, Ben Bernanke vs. Alan Greenspan, more than 70 percent of respondents have voted for Greenspan. Comments to the post are mixed, but seem to me to focus on Greenspan, whether pro or con.

Continue reading Money Face-Off recap: Oprah and Tiger and Buffett, oh my!

Money Face-Off: Oprah Winfrey vs. Martha Stewart

This post is part of our Money Face-Offs feature. Let us know who you think comes out ahead in this head-to-head match-up, and check out our other Money Face-Off posts.

Celebrities -- they're more than superior human beings, they're money-making machines. If these celebrities were stocks, which would be the shrewd buy?

One sure sign of celebrity is first-name recognition, and today's contestants have certainly reached that pinnacle. Oprah and Martha are brands known worldwide, Oprah for compassion and wisdom, Martha for style and elegance.

Martha Stewart's brand is still tainted by her 2004 insider trading conviction and her stretch in Camp Cupcake. Before then, her growth from model and stockbroker to America's favorite lifestyle celebrity was impressive. After authoring the bestselling book Entertaining in 1979, she transitioned to television with her hit show Martha Stewart Living, for which she gathered several Emmys. In 1987, she inked a lucrative deal with déclassé retailer Kmart as a lifestyle consultant, to help it break into higher price-point retailing. In 1990, with Time Warner (NYSE:TWX) she launched Martha Stewart Living Magazine. The zenith of her career came in 1997 when she took herself public. The IPO for Martha Stewart Living Omnimedia (NYSE: MSO) made her a billionaire.

Continue reading Money Face-Off: Oprah Winfrey vs. Martha Stewart

Can Oprah Winfrey redeem Michael Vick?

Oprah WinfreySuspended Atlanta Falcons quarterback Michael Vick's best chance at public redemption lies with Oprah Winfrey. At least that's the conclusion of Detroit Free Press columnist Drew Sharp, who makes a convincing argument that "now that pop culture dictates news judgment, it's only appropriate that a pop culture diva quite possibly holds the key to Michael Vick's NFL future."

Vick should take Sharp's advice. If Vick goes on Oprah, his handlers would no doubt encourage him to cry, talk about "finding Jesus" and encourage young people to make smart decisions. Unfortunately for Vick, the road to redemption starts with the talk show queen. Vick will have to spend the next few months apologizing until the American public is sick of seeing his face.

The question for Vick's handlers is where to go after Oprah.

Will he try to reach NFL fans through Walt Disney Co.'s (NYSE: DIS) ESPN cable network or News Corp.'s (NYSE: NWS) Fox?

What about the morning shows? You can bet that ABC, General Electric Co.'s (NYSE: GE) NBC and CBS Corp. (NYSE: CBS) would kill to land an interview with the disgraced athlete. "Dateline" and "60 Minutes" are probably working on stories about the evils of dog fighting. The story also continues to be the gift that keeps on giving for Time Warner Inc.'s (NYSE: TWX) CNN, Fox News channel, and MSNBC.

But I am not sure that all of the apologizing in the world can save Vick's NFL career. People understand that young, rich athletes misbehave and occasionally break the law. But Vick's behavior was so heinous that it defies explanation.

Oprah enters the wild world of brick-and-mortar retail

For those of you who just aren't sated by the daily one-hour program, the monthly magazine, occasional feature films and made-for-TV movies, and the radio content available at XM Satellite Radio (NASDAQ: XMSR), you'll be relieved to hear that a one-stop shop for all things Oprah is in the works.

Oprah Winfrey's privately held company, Harpo Inc., released a statement indicating that construction has started on a store carrying Oprah merchandise. The boutique will be located catty-corner from the Harpo Studios building in downtown Chicago and will be one story and 4,500 square feet. Many details, including an opening date, have yet to be worked out.

The queen of the entertainment world already sells some products through an online store. Oprah fans can pick up a $14 iPod cover with the Oprah logo, DVDs, and African apparel and artwork. The Chicago Sun-Times reports that these and other Oprah-related merchandise will also be available in the retail store. Know a co-worker or friend that's expecting? The $36 'O Baby' velour jogging suit could be the perfect gift.

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

Random House offers refund for "A Million Little Pieces"

Random House, a division of the privately held media conglomerate Bertelsmann AG, is offering compensation to any reader claiming to be "duped" by James Frey's memoir, A Million Little Pieces.

Frey's story was a scandal that broke in January of last year. The author's ostensibly non-fiction book described, in excruciating detail, his miserable existence within an alcohol and drug-addled haze. Toe-curling details include a three-month stint in jail, an anesthesia-free trip to the dentist, and time in rehab.

Published in April 2003, the book hit the best-seller list more than two years later, after Oprah Winfrey named it her September 2005 book club selection. But Frey's ride of success wasn't long; in January 2006, it was revealed that the "memoir" contained outright fabrications. (Essentially, Frey is the Milli Vanilli of modern American literature). Readers who bought A Million Little Pieces before January 26, 2006 (around the time Frey confessed that his penned story wasn't entirely true) are now entitled to a refund from the publisher.

Those who bought the hardcover copy will receive as much as $23.95; ones who bought the book in paperback will get a maximum refund of $14.95. The entire program is expected to cost Random House $2.35 million. The publisher's decision, approved by a Manhattan Federal Judge, is expected to resolve several lawsuits already filed across the country by disgruntled readers.

While Frey's fabrications are certainly reprehensible, the fact remains that A Million Little Pieces reportedly helped countless readers who were struggling with their own addictions. I can't help but wonder how Frey's real story might have gone if he'd pitched his book as one "inspired by true events" rather than a completely factual "memoir."

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

Oprah supports Obama for President

Senator Barack Obama received a huge endorsement to his campaign last week from Oprah Winfrey. If you question the power of her endorsement, I would point out that she recently convinced millions of Americans to read As I Lay Dying by William Faulkner. Only parting the Red Sea would have been a greater miracle.

The advantages to Obama of having Oprah on his side are wide-ranging, and start with the good will his brand gains by its association with hers. In a recent Celebrity Trust Index compiled by Davie-Brown Talent, Oprah and Tom Hanks were named as the most trustworthy celebrities. And the most trend-setting? Oprah, again. To people impressed with wealth, her $1.3 billion will speak volumes.

Add this extraordinary good will to her market penetration, and Obama couldn't ask for a better supporter. Oprah is best known for her daily talk show, but she also hosts the daily Oprah & Friends radio show on XM Satellite Radio Holdings Inc. (NASDAQ: XMSR), publishes O, the Oprah Magazine, and works the Internet through Oprah.com.

Her presence should benefit Obama several ways. It will certainly help with fund raising, both from Oprah's audience and those bandwagon riders who see her endorsement as legitimizing his prospects.

Obama has, surprisingly, received lukewarm support from the African-American community, and this endorsement should elevate his stature in that demographic. Traditionally, Democrats benefit from large vote turnout, and he could benefit if Oprah uses her bully pulpit to inspire a strong get-out-the-vote movement.

Best of all, by announcing for Obama, Oprah has eliminated Obama's greatest threat as a potential candidate: Oprah herself. What a candidate she would be!

Businesswomen I envy: it's not always their money

I have been clicking along through Forbes' "Billionaire Women We Envy" list and finding very little to which I related. Sure, Oprah's on my list, but not because she's a billionaire so much. And I started thinking... what is it, really, that I envy? Because envy is far, far from admiration. It's a whole other category. Who do I envy, and why?

When I saw the headline, before I even clicked further, I thought "Maria Bartiromo." She doesn't even make Forbes' cutoff -- she's not a billionaire, for starters. But if there's anyone I envy, it's Maria, she of the smoky eyes and the men in powerful places who do stupid, stupid things for her.

What do women envy of other women? It's not their money, at least, not for me. It's their power, their fame, their ability to juggle family and career. And most of all it's their ability to manipulate others without seeming manipulative at all. It's the Money Honey, able to move markets with a bat of her dark eyelashes.

If I was to create a list of the women most worthy of a female MBA's envy, here's who would be on it:

Continue reading Businesswomen I envy: it's not always their money

Best & Worst: The results are in! It's Trump and Paris and gas prices, oh my!

The people have spoken! The results are in for the Best and Worst of 2006 and the big winners include Donald Trump (in two different categories), Paris Hilton (with more votes than any other nominee in any category), President Bush, YouTube (edging out Borat), and this past year's skyrocketing gasoline prices.

Donald Trump didn't need the recent brouhaha with Rosie O'Donnell in order to triumph as the Most Annoying Money Personality of the Year, garnering 44% of the votes in that category. He didn't stop there. His signature comb-over was a very clear favorite as Worst Signature Style, with a whopping 85% of the vote (nearly 69 thousand votes). Readers evidently did not love the 'doo.

ExxonMobil's Lee Raymond came out on top as the Most Overpaid CEO (some very lively debate about it in the comments) with 63% of that vote. Readers also voted "real estate bubble" as the Most Overused Buzzword of 2006 with 47% of the vote in that category, and Northwest Airlines's dumpster-diving tips for laid-off employees the Dumbest Moment in Business with 45% of votes.

Continue reading Best & Worst: The results are in! It's Trump and Paris and gas prices, oh my!

Best & Worst: Oprah Winfrey too powerful, too rich?

This post is written as part of AOL Money & Finance's Best & Worst 2006. If you feel Oprah Winfrey makes too much money, cast your vote.

Multiple Emmy Award-winning host of The Oprah Winfrey Show, the highest-rated talk show in television history, Oprah Winfrey is also an Academy Award-nominated actress and a magazine publisher. Winfrey co-founded the women's cable television network, Oxygen, and is also the president of Harpo Productions.

Forbes recently estimated Winfrey's wealth at $1.5 billion, and has referred to her as the world's only black billionaire. She currently lives on a 42-acre ocean and mountain view estate in Montecito, California, and also has an apartment in Chicago, an estate on Fisher Island off the coast of Miami, a ski house in Telluride, Colorado, and property on Maui, Hawaii. Winfrey was called "arguably the world's most powerful woman" by CNN, and in 2003 she edged out both Superman and Elvis Presley to be named the greatest pop-culture icon of all time by VH1.

Continue reading Best & Worst: Oprah Winfrey too powerful, too rich?

Best & Worst: Tom Cruise, consummate dealmaker and celebrity we love to hate

This post is written as part of AOL Money & Finance's Best & Worst 2006. If you think that Tom Cruise makes too much money, cast your vote.

Long-considered one of the big guns in Hollywood, Golden Globe Award-winning actor and producer Tom Cruise is the only actor to have six consecutive $100 million plus blockbusters to his credit.

His acting career began when he was sidelined from the high-school wrestling team by an injury and he auditioned for and won a role in the school production of Guys and Dolls. He became a star after dancing in his underwear in the 1983 film Risky Business, for which he reportedly earned a measly $75,000. After 1986's Top Gun put Cruise in the six-figure salary range, he earned his first Razzie Award nomination for 1988's Cocktail. Critically acclaimed Rain Man, Days of Thunder, and A Few Good Men followed. In 1996 he starred in and produced Mission Impossible, the first in the blockbuster franchise, and earned an Academy Award nomination for his role in Jerry Maguire. Later blockbusters include Minority Report, The Last Samurai, and War of the Worlds (which reportedly earned him $70 million plus a percentage of the profits, as well as more Razzie nominations).

But in recent years his personal life has begun to attract more attention than his film roles, notably Cruise's very public advocacy of Scientology and anti-psychiatry statements, coupled with the tabloid speculation about his romantic relationships. In May 2005, during an interview on the Oprah Winfrey Show, Cruise unexpectedly leaped onto the couch to profess his love for Katie Holmes, an incident that was voted #1 of 2005's Most Surprising Television Moments on a countdown on E!. Economic damage due to Cruise's controversial public behavior and views was cited as one reason for the end of the 14-year relationship between Cruise's production company and Paramount Pictures.

Continue reading Best & Worst: Tom Cruise, consummate dealmaker and celebrity we love to hate

Best & Worst: Suze Orman, a one-woman show of irritation

This post is written as part of AOL Money & Finance's Best & Worst 2006. You can vote for Suze Orman as the most annoying money expert.

For some of us, certain names come more readily to mind than others when a phrase like the "most annoying money expert" is bandied about. For her critics, financial guru Suze Orman is one such name.

Besides being the author of best-selling personal finance books and the host of CNBC's The Suze Orman Show and QVC's Suze Orman's Financial Freedom, Suze (rhymes with doozy, not snooze) has won two daytime Emmy Awards. A pitchwoman par excellence, she has raised millions of dollars for PBS. She's also a Certified Financial Planner who has worked at both Prudential and Merrill Lynch. With well-known catchphrases such as "Truth creates money. Lies destroy it," and "People first, then money, then things," she's a popular columnist and public speaker -- a favorite with Oprah and Larry King.

Orman claims that she does not multitask, which she says leads to mediocrity. While having neither a husband nor children to distract her, Orman also claims to have no personal assistant and no permanent employees -- she's a one woman show.

She has a reputation for offering practical, easy-to-understand, and down-to-earth financial advice that's nonjudgmental towards those who have made poor decisions. But her advice can also verge on New Age mystical. For instance, Orman sometimes asks audience members to rip a dollar bill in half. Most cringe at the idea, which she claims is due to that fact that money has an energy field that other objects don't have, almost as if money were alive.

Continue reading Best & Worst: Suze Orman, a one-woman show of irritation

Oprah's 'Pay it Forward' show costly for audience: charity doesn't begin on TV

I wondered on Wednesday about Oprah's so-called "Pay it Forward" show, where she gave audience members $1000 debit cards, loaned them video cameras, and told them to go out and do good works in a much-ballyhoed replacement for her "favorite things" holiday show. So charitable, I thought.

And then the comments started coming.

Audience members were asked to come back for the wrap-up show at their own expense. And they did, expecting (it seems) that their difficult journeys of giving back would be featured. Everybody loves a little fame, or at least thanks, for their efforts. And, let's face it, if Oprah asked you to film something you'd done, and then come back to the show, wouldn't you come? Of course you would.

Except that, once back in the studio audience, only a very few of the audience members' stories were told. The audience was also informed they couldn't keep the video cameras -- the tax burden would be too much (despite, as some commenters mentioned, the fact that the expense to return to Chicago for the taping was many times greater than any tax burden). Those who wrote in weren't so upset that their exploits went unwatched (despite the fact that they'd worked very hard to execute and record the tale of their response to Oprah's challenge) -- they were more hurt that the producers asked them all back without mentioning which clips would be shown. As Connie Miller said, "When the producers called the audience to return they should have informed them that their particular stories were not going to be highlighted so they could choose to get a pat on the back from Oprah from home and not pay additional funds to come back."

The final injury? When the audience members were in the waiting room, the producers played reels of past "Favorite Things" shows, so the charitable and entirely gift-free viewers could see the delight as audience members of years past discovered free gift ... after free gift ... after free gift.

Sheesh. At least give them a pashmina shawl, Oprah!

Will you 'pay it forward' with Oprah or rely on good ol' consumption?

oprah winfreyOprah, Oprah, Oprah. We've always relied on you as the doyenne of spendy gifts, the queen of conspicious consumption. It was you, every year, who announced your "favorites" with much fanfare and fabulous giveaways to your adoring audience (and who wouldn't adore you, with your sponsorship-fueled generosity?).

But this year, you've betrayed the capitalist in us all. You've really gone and done it this time. You've told us to give to charities, not buy things. Huh?

Oh, sure, I'm all for philathropy. But I don't expect this of Oprah. Consumers everywhere are relying on her for her wisdom in selecting the must-have gifts for the holiday. Small, artsy and luxe companies rely on her (or fear her, as the case may be) to send stacks and gigabytes of orders their way, with a "must-deliver" date of December 24th.

Not this year. This year, you're supposed to use your spare cash (and the $1000 debit card, if you were in her audience during the October taping of Oprah's "Pay it Forward" show) to do good works.

I'm all for charity, but I don't see it as a replacement for giving things. I may sometimes interpret the "things" in a different way than Oprah ever did, choosing to give hand-made gifts, books, photographs, scores from the thrift stores, and other slightly less conspicuous examples of consumption. But holiday shopping is inviolate ... I'll wait 'til December 30th or so and then get into the selflessly charitable spirit. Will you follow Oprah's lead, or stick with the pretty-and-tangible things this holiday season?

XM Radio brings Oprah on board

With XM Radio swimming in the wake of competitor Sirius' success with bringing Howard Stern into the satellite radio biz, XM is going after a little of its own star power. The satellite radio network signed TV and publishing personality Oprah Winfrey to the network back in February, and just announced the Oprah talk network to debut today -- September 26.

This is a rather shrewd move by XM that will cost a pretty penny, but there are surely legions of women nationwide who, like their male counterparts and Stern, will have XM radio always handy just to hear their favorite celebrity. It's a formula for success that has worked for Sirius so far, and Oprah has a following just as impressive, if not more. XM hopes it is more.

In a perfect naming convention, the talk channel "Oprah and Friends" will make its debut at 11:00am EST today after being announced as available just yesterday (the official announcement was in February). Nothing like waiting until the last minute and launching right after the announcement to capitalize on the buzz and the incessant need most Americans have for instant gratification.

While Stern notched a reported $500 million deal with Sirius, Oprah's deal is reportedly worth $55 million. In Stern's defense these days, it's hard to not count the amazing 3 million+ customers who have tuned into Sirius since the raw radio personality took to the airwaves last January.

XMSR gains 398k subscribers in Q2 '06

XMSR announced at the end of last week that close to 400k new subscribers came aboard during the second quarter, bringing XM's total subscriber count to 6.89 million.

"As we previously indicated, subscriber growth in the second quarter was limited by product availability and overall softness in the retail channel," said Hugh Panero, President and CEO, XM Satellite Radio. "As we approach seven million subscribers, however, satellite radio continues to be one of the fastest growing consumer entertainment products."

The company has scheduled a conference call on July 27, 2006, at 10:00 AM ET to announce and discuss its financial results for the second quarter of 2006.

XM has been busy adding name-brand personalities to its already star-speckled line up, a continuing effort to draw new listeners to XM's side of the satellite radio market. The much anticipated arrival of Oprah Winfrey in September, and the recent addition of Willie Nelson, are hoped to buoy soft sales heading into the last half of the year.

It remains to be seen how effective the Harpo machine will be in drawing subscribers to XM. Oprah seems to turn everything she touches into gold but, I'm just hoping, for the sake of my own santiy and that of the other 6.89 million XM subscribers, that she doesn't decide to bring Dr. Phil with her.

[Photo by miramb]

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