The Editors suggest checking out the following links:
Businessweek: Behind the Financial Crisis: Info Failure – “But the Fed is running up against a big obstacle: If you don’t trust the value of an asset, you won’t be willing to buy it no matter how cheap your borrowing costs are.”
Businessweek: Google’s Historic IPO Run: Beatable – “in terms of IPOs, three of the best performers over the past three years … outdoor advertising agency Focus Media Holding (FMCN), at 358%”
Businessweek: Drucker’s Lessons for China – “…a group of Chinese entrepreneurs expressed serious concerns that in the eyes of far too many young people in their country, becoming rich and being ethical are somehow mutually exclusive.”
Economist.com Media Directory : Pam Woodall – The newspaper’s Asia economics editor, based in Hong Kong, also invented the Big Mac Index.
Asia Sentinel: It’s All Gumdrops – “There was another man who was a lot like that investment banker who figured out how to securitize mortgages. His name was Carlo Ponzi. But that’s another story.”
Asia Sentinel: Hu Ain’t Going Nowhere – “Despite his growing clout, it is still doubtful whether Hu can elevate a protege to the Politburo Standing Committee (PSC) at the 17th Congress in the second half of October.”
Reuters: Couple tries to name child ‘@’ – “A Chinese couple tried to name their baby “@,” claiming the character used in e-mail addresses echoed their love for the child”
Asia Sentinel: Asian Market Panic – “markets across the region were battered by spooked investors. It was the biggest daily fall across all markets since the attacks on the US on September 11, 2001.”
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