Word: bankers
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...companies in need of capital are courting investments from oil-and-gas-rich states such as Abu Dhabi and Russia, as well as from rising economies like China, which recently formed a $200 billion SWF to help the government invest its burgeoning foreign-exchange reserves. SWFs, says a senior banker at JP Morgan Chase, "are the new 'it' girl of global finance. Everyone wants a piece of them...
Then there's the gloomy view. In his 2005 book Twilight in the Desert, energy-industry investment banker Matt Simmons opened up a still raging debate over whether Saudi Arabia, OPEC's top producer, really can pump much more oil than it does now. Since the book appeared, Saudi output has dropped from 9.6 million bbl. a day to 8.6 million, despite rising prices...
...recent years, a younger generation of Western-raised Vietnamese has taken a different approach. These new activists - characterized by 35-year-old Hoang, a former investment banker who left Saigon in a boat with his family at age 12 - have been leading a p.r.-savvy campaign for Vietnam's hearts and minds, ditching anti-communist rhetoric in favor of pro-democracy advocacy and strenuously denouncing violence in favor of peaceful grassroots movements. Viet Tan, founded in 1982, uses mass emails to recruit new members inside Vietnam (it won't say how many) and coordinate them with dissident groups. It raises...
...Malcolm Turnbull "We need to have all of our energy being zero-emission." Experience: Environment and Water Minister since Jan. '07 Charismatic republican and investment banker on the political rise - if he retains his marginal Sydney seat. Said after the 1999 republic referendum that monarchist Howard had "broken this nation's heart." Has swiftly mastered a key portfolio but drawn criticism for approving a new pulp mill in Tasmania. Believed to support ratification of the Kyoto Protocol, in contrast to government position...
...milder epithets he launched at his foes in parliamentary debate) and greatly misunderstood for his tastes: given his passions for antique French clocks and Georgian furniture, Keating was the most cultivated Australian ever to serve as Prime Minister. The movement's chief unelected backer was a formidable young merchant banker named Malcolm Turnbull. (Full disclosure obliges me to say that Turnbull is married to my niece Lucy, herself the deputy lord mayor of Sydney.) Despite Keating's defeat in the 1996 elections, Turnbull and his fellow republicans were able to bring the republic issue to a nationwide vote...