Word: corps
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Dates: during 1990-1999
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...past year, Softbank's stock, which is traded on the Tokyo exchange, has soared. The company's market capitalization is a stunning $79 billion, which puts it ahead of Sony. Softbank has also landed in Europe, establishing joint ventures with Vivendi in France and News Corp. in Britain. Rupert Murdoch is one of Son's growing legion of high-flying fans...
...kind of sensitivity few Emperors would exhibit, but it is probably tied to the fact that Jiang isn't ruling 15th century China. He's ruling a 21st century nation in which the role of Communist Party leadership is being questioned. Explains Jonathan Pollack, the Rand Corp.'s chief China expert: "Jiang is something of a paradoxical figure... The leadership is very anxious. They have a collective self-esteem problem." Jiang's response is to try to be as reassuring as possible. He is a man who scrupulously avoids breaking eggs...
...practice. The problem is with folks like Davis, indicted on fraud and other charges by a Dallas County grand jury last summer. He persuaded scores of unsuspecting Texans to shell out millions on supposedly low-risk, guaranteed investments in viaticals offered by his Dallas-based company, First American Fidelity Corp. But authorities say the policies were fraudulently obtained for the express purpose of reselling them, an increasingly common practice dubbed cleansheeting. Davis allegedly solicited HIV-positive men to lie about their medical condition and buy multiple $50,000-to-$100,000 policies, which usually require no medical exams or blood...
...investment; but if he lives five, it's a dud. "Profitability is related to the predictability of death, which has proved to be singularly unpredictable," says Bill McDonald, chief of enforcement for the California Department of Corporations, who thinks viaticals may need to be outlawed. In Florida, Mutual Benefits Corp., a Broward County viatical provider, was recently sued by investors for misrepresenting the life expectancy of AIDS patients, and therefore the return on the investment, by providing inaccurate information about new treatments. The company denies the charges...
Sources: Beverage Marketing Corp. and Beer Institute...