Word: investers
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Michael Armacost, a former U.S. ambassador to Japan who is now a visiting professor at Stanford University, does not believe the Kims are working on a deal. "I've never been fully convinced," he says, "that people invest that much money and effort in a program they're going to bargain away." The diplomatic fog, he thinks, has all been cover for a determined bomb program. Norman Levin, a senior analyst at the Rand Corp., believes North Korea is bargaining, but not about economic aid or diplomatic recognition. The issue is securing the succession of Kim Jong Il, who does...
...Microsoft, the largest personal-computer software company. Not surprisingly, Gates has dismissed the current crop of TV trials as "crummy" and "embarrassing." Says he: "There's not a single pilot that's been done that justifies the huge financial stake I and others have just intuitively decided to invest in this." Gates remains convinced that interactive TV is inevitable, however. He just wants it to appear on devices running his company's operating system, and he has 500 employees working on making that happen...
...need to invest massive resources for poorer sections and rural areas to ensure a smooth assimilation [towards a new economy]," he said...
...Freeze the foreign bank accounts and property assets of all Haitians, not merely those of the estimated 600 army officers and coup supporters expressly targeted by the new U.N. sanctions. Haiti's poor, with nothing to save or invest, would be unaffected. But the oligarchs, the rich civilians without whose support the military's murderous clique couldn't rule, would be hit in their wallets -- perhaps the only action capable of persuading them to invite Aristide back...
Martin Davis, outgoing Paramount chairman. Named to the board of Redstone's National Amusements, Inc. Has formed Wellspring Associates, which plans to invest in undervalued companies in need of restructuring...