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Margaret Watson new CEO of Steve Brown Apartments | Madison Wisconsin Business News

Margaret Watson is the new CEO for Madison- based Steve Brown Apartments . Steve Brown, who founded the company in 1980, plans to step away from day-to- day management of the business but will remain active as chairman of the board. Brown’s wife, Laurel, who owns the design and architectural firm Brownhouse , 220 W. Gorham St., will continue to run her business while also working with her husband on a new Madison-area foundation. Details about the foundation’s mission and scope will be released in late spring or early summer, Steve Brown said. Brown, a graduate of Michigan State University and the UW- Madison Law School , has supported or served on many housing industry- related nonprofit boards and advisory committees, among other community involvement. Watson has been with the company for more than 20 years, Brown said. “She understands the housing market better than anyone I know and helped us grow SBA into one of the largest and most successful property manageme...

Carl Icahn’s Failed Raid on Washington

One day in August, 2016, the financier Carl Icahn made an urgent phone call to the Environmental Protection Agency . Icahn is one of the richest men on Wall Street, and he has thrived, in no small measure, because of a capacity to intimidate. A Texas- based oil refiner in which he had a major stake was losing money because of an obscure environmental rule that Icahn regarded as unduly onerous. Icahn is a voluble critic of any government regulation that constrains his companies. So he wanted to speak with the person in charge of enforcing the policy: a senior official at the E.P.A. named Janet McCabe . Icahn works from a suite of offices, atop the General Motors Building , in midtown, that are decorated in the oak-and-leather fashion of a tycoon’s lair in a nineteen-eighties film. During that decade, Icahn made his reputation as one of the original corporate raiders , pioneering the art of the hostile takeover and establishing himself as a human juggernaut—a pugnacious deal machine ...