Word: investments
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Dates: during 2000-2009
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Green Clinic's CEO, Robert Goodwill, says Lincoln just screwed up. Its board declined an offer to invest in the specialty hospital, he says, and the hospital's losses stem from a "spending binge" Stone began in his attempt to compete. "Patients are choosing us because we're vastly superior," Goodwill says. But hospital bosses say this choice isn't a real one. "You're not going to disagree with the guy who's going to be cuttin' on you," says John Goodnow, CEO of Benefis Healthcare, a hospital system in Great Falls, Mont., that tried unsuccessfully to shut down...
...handful of foreign investors have been willing to take their chances. Foreign direct investment increased by 35% in 2005 to $253 million, according to the ADB, putting Afghanistan on par with a country like Sri Lanka. Besides Coca-Cola, multinational firms such as DHL, Standard Chartered Bank, the Hyatt hotel group, Toyota and Alcatel have also set up Afghan operations. In hope of convincing more to take the plunge, the ministry of commerce is reassessing tax laws, and groups like Afghanistan Investment Support Agency are helping to build industrial parks to encourage manufacturing. A steady rise in consumer spending should...
...increase social division. “We must deal with the killing of small enterprises,” said Dimancescu. “Salaries going up will lead to social tension. Someone will try to take advantage of the situation.” With large corporations moving in to invest in the country, Dimancescu said that Romania would fall victim to “capital colonization.” “Consumer stores are foreign-owned,” he said. “The profits are going out of the country. Retaining wealth in a country is extremely...
...been built in the past five years alone. And the expansion of exports to Europe and the U.S. has improved local quality control and raised labor and industrial standards in the region. Signs of prosperity are everywhere as the city's transport infrastructure is overhauled, and locals begin to invest in new homes and cars...
...intensity of interest from Washington has been another wake-up. Although individuals generally must have at least $1 million in total net worth to invest in a hedge fund, regulators and Congress are sharpening their focus on the largely unwatched vehicles as more run-of-the-mill people become involved through pensions. "Tens of millions of Americans may be unwittingly exposed," wrote the Senate Finance Committee's Charles Grassley last month in a letter to regulators. The Securities and Exchange Commission plans to raise the $1 million threshold for individual investors, and is also working on requiring hedge funds...