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From "Forbes May Seek Investment From Outside," by Andrew Ross Sorkin, NYT, today:

Malcolm's son Steve took over in 1990 and has used the magazine as a launching pad to seek political office, failing to win the Republican nomination for president in 1996 and 2000. Besides his brand of untrammeled free-market politics, he has adopted an antiabortion stance, advocates a flat-tax system and is skeptical toward the United Nations.

From "Forbes Goes Outside Family for Funds," by Jason Nisse, London Independent, yesterday:

Steve, Malcolm's son, took over in 1990 and has used the magazine as a launchpad for his political ambitions, twice failing to win the Republican nomination for presidential candidate in 1996 and 2000. His brand of right-wing, free-market politics includes an anti-abortion stance, and advocating a flat-tax system and an anti-United Nations foreign policy.

Forbes May Seek Investment From Outside [NYT]
Forbes Goes Outside Family for Funds [Independent]
Related: Generation Xerox [NYM]