Friday January 4, 2013
Lee Schafer
Columnist | Business
Phone: 612-673-4302
Email: lee.schafer@startribune.com
Lee Schafer came to the Star Tribune after 15 years as a corporate officer, consultant and investment banker in the Twin Cities. He has been a columnist for Twin Cities Business magazine and was senior editor for Corporate Report Minnesota.
Follow @LeeASchafer
Follow @LeeASchafer
Recent content from Lee Schafer
Schafer: Not too proud to ask for cash for start-ups
It's not usually a good sign when philanthropic groups step in to boost a region's economic fortunes. The strategy is typically associated with aging Rust Belt towns, not healthy regions like the Twin Cities.
Updated: December 29, 2012, - 09:06 PM
Schafer: Traveling along on Kevin's adventure
The e-mails from Kevin Sampers began in April and came every three weeks or so, usually with the subject line "Kevin's Latest Adventure."
Updated: December 24, 2012, - 07:49 PM
Schafer: A church combines dollars with divinity
The biblical teachings known as the Sermon on the Mount contain much that is central to the Christian faith, and even people who have never seen the inside of a church have heard this one: "No one can serve two masters.... You cannot serve both God and money."
Updated: December 22, 2012, - 10:23 PM
Schafer: Caribou's buyer likely is in for the long term
The principal owners of the firm buying Caribou Coffee Co. are very private, and they will be using equity.
Updated: December 18, 2012, - 09:04 PM
Schafer: The reason companies never tell us they're sorry
The British bank HSBC last week resolved a sweeping investigation into activities that included allowing drug cartels to launder at least $881 million, agreeing to a record $1.92 billion in fines and forfeitures with government authorities.
Updated: December 15, 2012, - 08:52 PM
Schafer: Odds of a Schulze deal seem even surer
No offer from Richard Schulze this week to acquire Best Buy Co. had a predictable impact on the company's share price, as it slipped Friday nearly 15 percent after surging the day before when a bid was imminent.
Updated: December 14, 2012, - 09:30 PM
Schafer: In giving to charity, it's best to chart a plan
Millions of Americans add to the stress of holiday shopping, menu planning and travel this time of year by scrambling to make their donations to nonprofits.
Updated: December 11, 2012, - 08:46 PM
Schafer: Schulze's partners will show who's in control
Best Buy Co. founder Richard Schulze enjoyed a lot more control as chairman and 20 percent owner of a publicly held Best Buy than he ever will have with his new private equity partners.
Updated: December 08, 2012, - 08:22 PM
Schafer: Digi sees a future in linking machines
Digi International has made money for 39 straight quarters -- so, of course, it's reinventing itself.
Updated: December 04, 2012, - 09:47 PM
Schafer: Orchestra's disease is economic
At the core of the dispute between the Minnesota Orchestra and its musicians union is a fundamental problem long known to economists as "Baumol's cost disease."
Updated: December 01, 2012, - 04:15 PM
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