Hong Kong must have the highest concentration of Maclaren baby strollers in the world. Everywhere I go, Maclaren easily outnumbers the competition 4 to 1. Should a defect be discovered in the models sold in Hong Kong someday, I wonder if the company would initate a product recall based on the cost-benefit analysis depicted in… Read More »
An unidentified man parades outside a Foxconn factory in Longhua, Shenzhen on 27 May with a banner that reads: “I want to meet Terry Gou. I know the reason behind the suicide of Foxconn workers, and the way to solve it. I hope to get one million yuan as a reward.” Photo: Reuters
I’m beginning to tire of Geoff Colvin’s anti-government stance in his regular Value Driven column in FORTUNE magazine. In a recent piece (“Will the Motor City Shakeup Work?“, April 27), Colvin argued that General Motors‘ fate has less to do with the new CEO Fritz Henderson than with the restructuring model the US government is… Read More »
In his recent Value Driven column (“Chris Dodd Wants to scrap Your Bonus“, FORTUNE magazine, March 16), Geoff Colvin argued that the proposed tough new limits on Wall Street bonuses in the US stimulus package will “inadvertently reward nonperformance and drive talented financiers away from the companies that need them most”. Ignoring the simplistic examples… Read More »
Citigroup’s shares rallied last week, on the back of CEO Vikram Pandit’s “leaked memo” reassurring his troops that “we are profitable through the first two months of 2009 and are having our best quarter-to-date performance since the third quarter of 2007”. Shares of the financial services provider have been under constant pressure since its bailout… Read More »
You can fool most of the people most of the time, but eventually you’ll get found out. Temasek takes severe hit By Thanong Khanthong The Nation Published on February 9, 2009 CEO Ho Ching’s exit won’t alter fortunes of the sovereign wealth fund in short term Ho Ching’s resignation as CEO of Temasek Holdings would… Read More »