Word: investors
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Dates: during 2000-2009
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...built a factory in Tianjin with more than 900 employees to satisfy Chinese requirements for 70% local parts content in turbines. "They want to promote local industry. But then the question is, What is local?" says Soares. "More than 95% of my employees are Chinese. I'm an investor here, a producer here and pay taxes here. So why is there this difference?" Adding insult to injury, Chinese firms are proving to be tough competitors in markets outside China's borders. In Germany, where government subsidies helped stimulate global solar-panel production, an industry association is investigating claims that Chinese...
Nader’s protagonist is famed investor Warren E. Buffet. The plot describes the imaginary efforts of Buffet and a small coterie of other real-life elites to “take on the corporate goliaths” and “redirect the country toward long overdue changes,” Nader wrote in a recent piece on OpEdNews.com...
...involved in the "Madoff" events, told TIME that Madoff victims do indeed provide merchandise for the auctions and that "we're getting inventory from them every single week." The problem, he said, is that most victims ask to remain anonymous. Southern Star put TIME in touch with one Madoff investor who said he lost millions in the Ponzi scheme and confirmed that he had given the Abadis some artwork to auction. But while that person said he was happy with the price the Abadis got him, he would not let TIME use his name and said he was troubled...
...Ilene Kent, a Madoff investor in New York City who now coordinates a victims' group called the Network for Investor Action and Protection, says Southern Star's advertising "seems deceptive at best" and makes her "feel like we're being used to lure people into auctions for this guy. If so, that really just adds insult to our injury." While Southern Star says it's using the ads as a way to get more bidders out to help Madoff victims, Kent fears Abadi is "just appealing to morbid public curiosity about how the mighty have fallen. But it wasn...
...This shared burden, however, cannot justify a policy of forced, unnecessary conservative investing. The community may suffer with Harvard’s losses, but it benefits from its gains as well. Struggles in Cambridge are also being felt nationwide—Harvard was not the only major employer and investor to suffer in this crisis. Higher risk investments often yield high returns and enlarge the endowment, and such gains will help the community emerge from the doldrums. If anything, this situation reinforces the folly of long-time demands by advocates such as Senator Charles E. Grassley, who until the crisis...