Word: corpe
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...consulting firm was to be called Procurement Strategy Corp. In a solicitation of 29 prospective clients, P.S.C. claimed it would provide military contractors with "timely information of imminent policy changes being considered by the Federal government," enabling them to "compete for government business with confidence and success." There was only one thing wrong: the head of the proposed firm, Mary Ann Gilleece, had been Deputy Under Secretary of Defense for Acquisition Management since 1983, a job that made her Defense Secretary Caspar Weinberger's principal adviser on procuring weapons from defense contractors. Gilleece knew that her job was being phased...
Vincent Cheng bristles at the suggestion that ethnicity played a part in his becoming chairman of Hongkong & Shanghai Banking Corp. last month. "I don't see myself as different from my Indian or British colleagues," he says. But Cheng--the former anticolonial student leader who is the first Chinese to head the once colonial bastion--has long defied expectations. After being detained in the early 1970s while protesting for better treatment of Hong Kong's poor, he became an in-house adviser to the colony's British Governor in the late 1980s. Now he will have to prove...
Jing Cheng, 42, is at the cusp of that effort. Like an increasing number of other Chinese scientists and engineers, the CEO of CapitalBio Corp. has returned from the U.S., where he ran a small biotech company in San Diego, to pursue opportunities at home. An offshoot of Beijing's Tsinghua University (often called the M.I.T. of China), CapitalBio is among an élite group of Chinese life-sciences companies and research institutes. At the Beijing Genomics Institute researchers have decoded the rice genome and worked to find a cure for SARS. CapitalBio has already shown it also plays...
...returned home from the Manwan Dam, police called a meeting. "They told us we'll bear responsibility if anybody talks about what was seen," says a villager. "Now we know the real situation, but there's nothing we can do." A few miles upstream, workers for the China Huadian Corp. are drilling 500-ft.-deep holes as part of the proposed dam's geological test. The government has not divulged its plans. And the party has ordered newspapers to stop reporting on debates over dam construction. But opposition to dams has become the emblem of activism in China...
...crack epidemic are getting out of prison--and returning to reinfect their neighborhood with violent habits hardened and reinforced in prison. "The next generation of gang homicides is going to have a different construct [from the crack epidemic]," says Jack Riley, director of the criminal-justice program at Rand Corp. His research points to returning felons as a major reason for the spike in shootings across Los Angeles. "Locals in South Central and East L.A. think it is people returning from prison and trying to re-establish their authority," he says. There are 100,000 gang members in jail...