A Natural-Gas Ponzi Scheme?

It was, on the surface, a devastating indictment: a report in The New York Times, the nation’s leading newspaper, alleging that the natural gas industry—an eclectic and fiercely competitive collection of players that included in its ranks everyone from cowboy drillers to staid overseas nationals like StatOil Hydro—may have joined together in a secret cabal …

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A Tale of Two Pittsburghs

Those of us who live in Greater Pittsburgh understandably feel we know a great deal about this region. We certainly know about our neighborhoods, our friends, our families and our jobs. We know about our hobbies, our favorite sports teams and the Pittsburgh weather. In short, we know about our lives here. What we know …

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Middle East Connection

For 18 years, the Columbia, Md.-based engineering and construction firm Allen & Shariff grew quickly in the mid-Atlantic area, opening its Pittsburgh office in 2000, and looking to expand internationally. It had enough success with projects in the United Arab Emirates that it opened an international office in 2008. But it couldn’t break into another …

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Into the Wild

What could be nicer than a family trip with all three kids just before they head off to college and my wife and I become empty nesters? This, at least, was my thinking when I signed up for a three-day, two-night pack trip into Yellowstone Park this summer. Ride in on horseback, do some fishing, …

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Stocks & Pedestal, Fall 2011

When your team’s winning, there’s nothing like baseball. Nothing like listening to the radio in the late innings of a close game. The pitcher waves off signals and finally goes into his motion. You hear the crack of the bat, followed by the announcer—“If it’s fair, it’s outta here—foul ball!” The din of the crowd …

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In the American Grain

Who are the preeminent individuals in American business history? A strong case might be made for a quintet: Andrew Carnegie, Henry Ford, Bill Gates, John D. Rockefeller and Sam Walton. Who is primus inter pares? It’s Henry Ford in a walk-away. Here’s why: Ford was an industrialist, inventor, aircraft pioneer, museum curator, horticulturist, labor progressive, …

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Mascara, Gilliam, Feeney, Epperson, Gruber, Armstrong

Frank Mascara, 81 The son of Italian immigrants, Mascara was orphaned at the age of 16. He overcame a hardscrabble childhood to become Washington County controller, 14-year Chairman of the Washington County Commission, and four-term member of the U.S. House of Representatives. A native of Belle Vernon, the moderate Democrat lived most of his life …

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Muscat Love

Mankind has been making wine for millennia, so it’s rare to find a wine that’s truly new. But sometimes we see a grape that’s ripe for a comeback. Consider the Muscat family of grapes: Muscat Blanc and its many mutations, including Muscat Ottonel and Black Muscat. Muscat Blanc is one of the oldest grape varieties …

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White Rocks

One of the region’s most beautiful and diverse outdoor destinations is the Laurel Highlands. When people think of visiting the Laurel Highlands, they often focus on some of the best-known spots, such as Ohiopyle State Park, Fallingwater and Bear Run Nature Reserve, or the Ligonier Valley. But farther south are more remote parts of the …

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A New Pittsburgh Biennial

The pittsburgh biennial, which you will have encountered before in smaller incarnations going back to 1994, is back with a vengeance. It now lasts six months, putting it on a par with The Carnegie International; it engages more artists (some of whom might be more valuably presented in that International); and it has no fewer …

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Waldrup, Opfer, Glassman, Thomas, Walsh, Mosse, Britten, Young

Jeremy Waldrup is president and CEO of Pittsburgh Downtown Partnership. Before joining PDP, Waldrup worked with New York City’s Department of Small Business Services.Waldrup holds a bachelor’s degree in economics from the University of North Carolina at Charlotte and a master’s from the University of Colorado’s School of Public Affairs. Waldrup moved to Pittsburgh from …

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Jim’s Famous Sauce

Alex Damianos awakened from a troubled sleep at 3 a.m. on a hot July night in 1959 to find his smiling father standing at the foot of his bed, staring down at him. “Alex, I told you to learn how to make the sauce,” Jim said playfully to his oldest son. “Now, think about the …

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John Wetenhall, Ph.D., MBA

Very early one Sunday morning when I was in graduate school, I answered a phone call from a distinguished Stanford professor who summoned me in his gruff voice: “Get down to my office.” Albert Elsen, the great scholar on the sculpture of Auguste Rodin, had just been contacted by Raymond Nasher, a Dallas philanthropist and …

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Big Business Now and Then

Be careful what you wish for” is the adage that best applies to the McGraw family and their neighbors on the failed and failing dairy farms northwest of Scranton, Pa. After generations of scraping by, their dreams are finally poised to come true, now that corporate prospectors have come calling, offering buckets of cash in …

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Arrivals – Summer 2011

Winthrop Watson is president and chief executive officer of the Federal Home Loan Bank of Pittsburgh. A native of Winston-Salem, N.C., he comes to Pittsburgh from Hong Kong, where he was a managing director with J.P. Morgan.A graduate of the University of Virginia and Stanford University’s M.B.A. program, Watson and his wife, Signe Warner Watson, …

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A Toxic Topic

There is no doubt about it. The Marcellus Shale is radioactive, in every sense of the word. In the literal sense of the word, geologists and drillers have long known that each shale deposit has its own radioactive signature. In fact, they have often measured that radiation—from uranium, thorium, radium 226 and radium 228—and used …

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The Advisor: Jack Barbour

He has a super bowl ring, a friend in the Governor’s mansion, and he’s in charge of one of the country’s biggest law firms. To boot, he’s got a dinosaur exhibit to his credit. But for all his achievements, you won’t find Jack Barbour too close to the limelight. Which is just how he likes …

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Stocks & Pedestal, Summer 2011

Last summer, Susan Crookston looked at the 8-acre Aspinwall Marina site on the Allegheny River, which was about to become a 650-car parking lot. When she saw it, the Aspinwall mother of three said, “If this plan falls through for some reason, we should try to buy this ourselves.” Laughter met her idea, but when …

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Wheeling v. Pittsburgh

Now he belongs to the ages.” Those famous words were uttered by U.S. Secretary of War Edwin M. Stanton as the last breath of life fell from the lips of Abraham Lincoln. With the murder of Lincoln, the task of reconstruction would take a very different face and raise political retaliation in the U.S. to …

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A Model of Respect

At a time when organized labor is under attack and manufacturing is crawling to its feet after a dramatic recession, two major players, John Surma, CEO of U.S. Steel, and Leo W. Gerard, international president of United Steelworkers, met on the North Side campus of Community College of Allegheny County to discuss the future. It …

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Posner, Buchanan, Mullaney, Berliner, Archie, Kane, Friday

Henry Posner Jr., 92 Posner was a very successful businessman and generous philanthropist. Valedictorian at Shady Side Academy and honors graduate of Princeton, he was a research scientist during World War II. He taught chemistry at Pitt before joining Pittsburgh Outdoor Advertising, a billboard business he took over from his father. Posner became a brilliant …

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Cool It This Summer

Some guys will always go for the blockbuster red wine: the high-alcohol zinfandel or inky shiraz. I can appreciate those big reds, too, if conditions are right (snow, cigars, a two-inch-thick porterhouse). But when summer mercifully comes to Pittsburgh, those monster reds are as out of place as a woolen overcoat worn poolside. It’s time …

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