The Great Society is the creative agency for the lighthearted Brooks Sports campaign, which is scheduled to introduce the Transcend line of footwear Saturday.
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Mismanagement at the now-bankrupt New York City Opera led it to raid its endowment to pay off its huge deficits.
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The company is sending people with new jobs complimentary undergarments and has begun an ad campaign without its longtime mascots.
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Mr. Abelson was an editor and a columnist at Barron’s magazine who delivered sharp and influential commentary on the stock markets.
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Warren Buffett’s letter to shareholders underscores his reputation as a contrarian investor, describing his investments in newspapers, a business others have shunned.
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