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Forbes, October 24, 2011 | [Forbes]

Forbes, October 24, 2011

Welcome to Forbes for October 24th, 2011 from Audible. This edition contains seven feature articles. In the cover story, we'll tell you about, “Dropbox: The Inside Story” - Drew Houston turned down Steve Jobs to build the next big thing. Also, “Wall Street's New Nightmare: The Next Wave of Mortgage-Backed Security Claims” – Her $8.5 billion Bank of America settlement over bad mortgage deals was just the beginning.
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Publisher's Summary

Welcome to Forbes for October 24th, 2011 from Audible. This edition contains seven feature articles.

In the cover story, we'll tell you about, “Dropbox: The Inside Story” - Drew Houston turned down Steve Jobs to build the next big thing.

Also, “Wall Street's New Nightmare: The Next Wave of Mortgage-Backed Security Claims” – Her $8.5 billion Bank of America settlement over bad mortgage deals was just the beginning. Now, backed by bond giants Pimco and BlackRock, Texas lawyer Kathy Patrick is gearing up for a new legal assault on the financial industry.

Next, “The Kardashians are Not Billionaires, or Why Reporters Need Basic Math Skills” – Jessica Simpson, the Olsen twins, and now the Kardashian klan: come on, entertainment reporters, do some math. They're not billionaires. Not even close.

We'll also tell you about, “The Prophet of the Coming Age Boom” – For three decades Ken Dychtwald has been proclaiming that a demographic tidal wave is approaching America. He calls it the Age Wave, which is also the name of his Emeryville, Calif. consultancy and a book he co-wrote back in 1989.

Then, “Lithium: The New California Gold Rush” – Gambling on an electric-vehicle boom to drive lithium demand, Luke Erceg aims to sell tons of the stuff, not by mining it but by pumping it up from the Earth’s depths.

Followed by, “Tech Titans and Creative Destruction” – Cascading waves of continuous change reverberate all around us in the tech economy.

And in our final story, “Bentley's Paris Hilton Problem” – When paparazzi started snapping Paris Hilton cruising around Los Angeles in a bubble-gum-pink Bentley Continental GT, the folks who make the car nearly spat out their Courvoisier.

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