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Perhaps the most surprising revelation during last month's hearing was that four of Michigan's wealthiest men - including Compuware CEO Peter Karmanos Jr., auto retailer Roger Penske and Quicken Loans chairman Dan Gilbert - had given a total of nearly $240,000 in loans to Kilpatrick's family around the time he left prison. Precisely how the money was used is unclear. The executives swiftly issued statements nearly identical in tone to explain their actions. "We were concerned about the city's inability to move forward due to the situation and circumstances that had surrounded Mayor Kilpatrick and his administration...
...hearing on Tuesday. Kilpatrick's saga has upended various aspects of Michigan's political and business life. His departure effectively set the stage for the arrival of Dave Bing, the former NBA star and steel magnate, who was elected to a full four-year mayoral term earlier this month. That a majority of Detroit's incoming city council will be fresh faces - including one of the police officials who triggered Kilpatrick's departure - can be viewed as a referendum on the former mayor's regime. Meanwhile, federal authorities are investigating other aspects of Kilpatrick's alleged activities. Respected lawyers hired...
...Kenyan American in China, Ndesandjo is part of a growing community of Africans who have migrated to cities like Guangzhou to do business. Ethnic strife in China has made headlines in recent months after 200 Han and Uighur Chinese were killed in July, in the worst ethnic violence in decades. That same month, a Nigerian man was critically injured trying to escape one of many visa checks in Guangzhou's sizable African neighborhood. Also this year, a half-African-American, half-Chinese contestant on a Chinese reality-TV show and a half-South African, half-Chinese athlete on China...
...final straw apparently came last month, as the Elysée fought to quell accusations of nepotism around a bid by Sarkozy's son to attain an influential public job. As fellow cabinet members rejected any suggestion of favoritism or conflict of interest in the younger Sarkozy's move, Yade noted that the affair didn't look innocent to the public. "We must not give the impression that there is a gap between the protected élites and the little people," she said. (Read "Sarkozy Backs Appointment...
...spent the past year hammering away at the excesses of American-style capitalism. In September, European Commission President Jose Manuel Barroso declared that workers' rights and "social cohesion" were top priorities on the Old Continent. And Italy's veteran Economy Minister, Giulio Tremonti, went out of his way last month to praise the posto fisso (guaranteed job for life) as a supreme public value. (See which businesses are bucking the recession...