Word: marte
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...same is happening today with China, although mostly at the other end of the price and technology scale. Despite all of the babble about the supposed "junk" exported by China, I don't think too many Americans are sifting through the shelves at their local Wal-Mart and tossing aside products labeled "Made in China." The fact is that Chinese-made clothes, shoes, toys and appliances are cheap and for the most part of good enough quality for Americans to choose to buy them...
...drive, all to spend three days in the orbit of the native son whose investing prowess has turned him into the world's richest man--and who has taken his shareholders along for the very lucrative ride. Attendees shopped at Berkshire-owned companies (Borsheim's Fine Jewelry, Nebraska Furniture Mart); ate where Buffett likes to eat (Gorat's Steak House); tried to beat him at bridge (they didn't); and spent five hours grilling him and his closest confidant, vice chairman Charlie Munger, on everything from owning 8% of Kraft Foods to how the price of tungsten will affect...
...actions taken by the Bush administration in responding to Katrina since August 2005. For example, in a May 2007 speech he compared FEMA’s inefficient Katrina response to the precision of private shipping firms like UPS and FedEx. He said, “U.P.S., FedEx and Wal-Mart can tell in real time where a package is anywhere in the world, but FEMA, despite its multibillion-dollar budget, couldn’t track many of its assets during its Katrina response…” Similarly, when Congress gathered to assess the costs of Katrina in October...
...Obama as an arrogant elitist, they better be prepared to deal with the blowback. As Jamal Simmons, a Democratic consultant and Obama supporter, put it in an email exchange with TIME, "Hillary Clinton calls Barack Obama elitist? Really? Hillary Clinton was a corporate lawyer who sat on the Wal-Mart board before becoming First Lady and is now worth over $100 million. Barack Obama is the child of a single mother raised in part by his grandparents who went to school on a scholarship and was a community organizer making $12,000 a year before becoming a law professor, lawyer...
...Investors this year have asked for so-called "say on pay" at some 100 companies, including Coca-Cola, IBM, General Motors, Exxon Mobil, Citigroup, Anheuser-Busch, General Electric and Wal-Mart. As companies hold their annual meetings throughout April and May, some 70 different institutional investors will be pushing to add an annual provision to let shareholders vote up or down on how companies pay their top five executives. Earlier this week, about 150 institutional investors and representatives from companies like Pfizer, Morgan Stanley, Dell, BP, Sara Lee, Fed Ex, Procter & Gamble and United Health gathered in New York...