Word: investments
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Finding a job in the investment world was always going to be easy for Navroz Udwadia, a second-year student at Harvard Business School and a former Rhodes scholar at Oxford. But what made him stand out was not just his brain?it was that he'd grown up in Bombay and had a passion for Indian equities. "Every hedge fund I interviewed with was fascinated by my Indian background," says Udwadia. Four of them offered him jobs. One didn't even wait for him to graduate?the fund's managers gave him $5 million to invest in Indian stocks...
...step in the right direction," says Dirk Schumacher, an economist at Goldman Sachs in Frankfurt. "Corporate taxes had to come down, given that countries around us are much lower." But he added that there's no guarantee that companies will use their tax windfall to invest in Germany. Even if Schröder's measures get through the legislature - which is far from certain - they seem unlikely to create millions of jobs. "Given the magnitude of the problem of unemployment, they don't really address that particularly well," says Dennis J. Snower, president of the Kiel Institute for World Economics...
When China opened its markets to foreign investment, no one was more eager to go in than John-Paul Ho. Before the communist takeover in 1949, the company his engineer-businessman father ran was the local partner of American companies operating in China. Ho, a Harvard-trained applied engineer and M.B.A., left a prestigious Wall Street investment-banking job to start Crimson Investment in 1993. At first he and his partners found nothing but state-owned companies with outdated equipment, poor management and, understandably, little comprehension of the concepts of capitalism. "I couldn't find any management teams I felt...
While examining possible candidates for the new president, it is important to recognize the role of fund managers as well. Presently, 55 percent of the endowment is invested by HMC and external money managers invest 45 percent. As the steering committee and President Summers consider their options, perhaps they can include more women and people of color as fund managers for Harvard as well. In addition to promoting diversity, members of these groups offer unique and important backgrounds that can be valuable in making investment decisions...
...made a Hollywood move: he combined a personal plea with a hard sell. When he walked into Burnett's office, Semel didn't waste time with niceties. Burnett recalls, "He said, 'We want to provide valuable content, and we think that your show is the perfect model. We'll invest more money in it, we'll sell advertising, and we'll share in it. We can make it work on the site...