Word: gome
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...latest candidate for such a fall is Wong Kwong Yu, 39, the chairman of mainland electronics retailing giant Gome. Wong, named by the Hurun Report last month as China's richest man with an estimated net worth of $6.3 billion, was detained last week on suspicion of fraud, Chinese media reported. According to a report in the financial magazine Caijing, Wong (his name is also spelled Huang Guangyu) is being investigated for manipulating the share prices of Shanghai-listed Shandong Jintai Group, a medical company controlled by his brother, Wong Chung-yam. (See pictures of what money...
Shares of the Hong Kong-listed Gome Electrical Appliances Holding were suspended Monday, after the company announced that it was unable to verify the reports of Wong's detention. The company announced Gome "is making necessary enquires for the purpose of verifying the allegations." Shandong Jintai shares were also suspended...
...government launched an investigation into loan fraud charges brough against Wong. A year later, Gome announced that the investigation was completed, and its founder was never charged. His recent troubles make him the latest high-profile tycoon to run afoul of authorities. The ranks of recent years' rich lists read like a police blotter. In 2003 Yang Bin, an agribusiness and real estate tycoon once named the mainland's second-richest man, was convicted of tax evasion and sentenced to 18 years in prison. Gu Chujun, once head of a leading appliance company, was ranked China's 20th richest businessperson...
Captain Tim Taylor is still suffering the effects of an automobile accident, and linemates Ike Ikauniks and Gome Kinasewich are both plagued by miner injuries. If any of these players are still ailing next week the Crimson could have its hands full...
...sport for sport's sake". It has been ridiculed as producing only mediocre, half-hearted athletics and the various "moral victory" explanations of defeat. But whatever its faults, real or imagined, it does point out by contrast some of the defeats in our American adaptation of the Spartan creed: "Gome back with your shield...