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That perseverance eventually paid off. Shan went on to get a Ph.D. in business at the University of California, Berkeley, and teach at the prestigious Wharton business school--and it served him well in pulling off one of the most groundbreaking investments ever made in China. In May Newbridge, based in Fort Worth, Texas, agreed to purchase nearly 18% of Shenzhen Development Bank for $160 million, making the fund the first foreign investor to take management control of a Chinese bank. The tortuous negotiations took two long years. "There are few people I know who have the same tenacity," says...

Author: /time Magazine | Title: Barefoot Banker Strikes Gold | 3/20/2005 | See Source »

...means that nobody owns it, nobody runs it, nobody has the power to kick anybody off for good. There isn't even a master switch that can shut it down in case of emergency. "It's the closest thing to true anarchy that ever existed," says Clifford Stoll, a Berkeley astronomer famous on the Internet for having trapped a German spy who was trying to use it to break into U.S. military computers...

Author: /time Magazine | Title: Battle for the Soul of the Internet | 3/18/2005 | See Source »

...Internet was built up by people who lived and breathed the hacker ethic -- students at Berkeley and M.I.T., researchers at AT&T Bell Laboratories, computer designers at companies such as Apple and Sun Microsystems. "If there is a soul of the Internet, it is in that community," says Mark Stahlman, president of New Media Associates, a research firm in New York City...

Author: /time Magazine | Title: Battle for the Soul of the Internet | 3/18/2005 | See Source »

Harvard finished fourth in a 14-team field at the Navy Spring Women’s regatta, an intersectional fleet racing regatta drawing competitive teams from the length of the East Coast, Ann Arbor, and Berkeley. Sailing at the US Naval Academy in Annapolis, Md., the Crimson matched Flying Junior and 420-class dinghies with eight of the top 10 and 11 of the top 15 teams in the country...

Author: By Samuel C. Scott, CRIMSON STAFF WRITER | Title: Fourth-Place Finish for Sailing on Road | 3/15/2005 | See Source »

...economics professor at Berkeley and another MacArthur grant recipient, Rabin, who was a visiting professor at Harvard last year, has just received an offer of tenure from the Economics Department...

Author: By Tina Wang, CRIMSON STAFF WRITER | Title: When Econ Met Psych | 3/10/2005 | See Source »

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