Word: investor
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Dates: during 2000-2009
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Outrage against the new Coke quickly gathered momentum. In Seattle, Gay Mullins, 57, a retired real estate investor, became a national celebrity by issuing anti-new-Coke buttons and T shirts, setting up a hot line for disgruntled callers and threatening to bring a class-action suit to make the old recipe public. Mullins organized the Old Cola Drinkers of America, whose aim was to bring back the beloved soft drink. It did not matter that Mullins, in two blind tests, expressed a preference for new Coke over old Coke. He wanted his rum-and-Cokes to be just...
According to pro-divestment activists, Monday’s divestment from PetroChina made Harvard the first institutional investor to carry through on such a move. Though the action is largely symbolic given the University’s relatively small stake in PetroChina, it could set a precedent. Samantha Powers, a lecturer in public policy at the Kennedy School of Government, told The Crimson that although divestment is an “unproven tool” against genocide, Harvard’s decision might “unleash a contagion effect” among other institutions...
PetroChina is a spin-off of the China National Petroleum Company, which has invested over $1 billion in a joint venture with Sudan to increase that country’s oil exports. Harvard’s decision makes the University the first institutional investor to cut ties with PetroChina in response to the Darfur crisis, activists said...
...kick our collective butts by framing the debate with manipulative language. They invented the “Death Tax” to replace the Estate Tax (picture: grim reaper as tax collector), the “personal investment account” to replace privatized Social Security (picture the empowered investor-citizen, chest out, cape flapping in the wind) and the horribly racist stereotype of the “welfare queen” to destroy governmental social programs (picture single mother proudly collecting her check and watching...
...prestigious Wharton business school?and it served him well in pulling off one of the most groundbreaking investments ever made in China. In May Newbridge, based in Fort Worth, Texas, agreed to purchase nearly 18% of Shenzhen Development Bank for $160 million, making the fund the first foreign investor to take management control of a Chinese bank. The tortuous negotiations took two long years. "There are few people I know who have the same tenacity," says Newbridge co-chairman Richard Blum...