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...believe were good investments just to generate investment-banking fees. In one famous case, former Merrill Lynch analyst Henry Blodget told investors to buy stocks about which he privately wrote in e-mails to colleagues were "horrible," a "disaster" and a "POS," or piece of s___. Blodget paid $4 million to settle Spitzer's charges. The total civil penalties for Wall Street's research infractions reached $875 million. The conclusion: e-mail evidence was gold. (See the top 10 worst business deals...
...month-long advertising campaign promoting atheism in Manhattan subway stations with the slogan “A Million New Yorkers Are Good Without God. Are You?” was just launched in timing with your book. Why the focus on New York and no T ads?GME: There are about 20 more cities that are planning similar campaigns as the year goes on. Everywhere from big cities like Los Angeles and San Francisco to much smaller places like Idaho. Moscow, Idaho is running “Good Without God” advertising campaigns. So the point is really just...
...knows if 1-year-old Yunus will ever see his mother again. Like 6 million other Indonesians, she traveled far from home to find employment. She was hired by a wealthy family in Saudi Arabia. But one day, while on her boss's property, she went to check on some goats and, according to what is known of her tale, was raped by two men. Yunus was conceived of that assault...
While globalization has turned much of the world into a wide-open labor market, it has also created complex human and societal dramas. Women account for up to 50% of the world's 100 million-strong migrant-worker population - and there is no effective entity to protect their rights and dignity. In 2008, Indonesians working abroad, commonly as domestic staff in the Middle East and parts of Asia, contributed about $6.8 billion to their national economy via remittances, according to the World Bank. And while statistics are difficult to come by, there are increasing reports of many who are physically...
...tobacco industry sees Asia as its most promising market, says Bangorn. Though Thailand has strict controls on smoking in public places and bans advertising of tobacco products, more than 14 million of its 65 million people are smokers. In Southeast Asia, 125 million - or 31% of adults - smoke, and China alone has some 350 million smokers. The alliance claims that 2.4 million people in Asia die each year from tobacco-related causes, the equivalent of 6,575 people...