Word: morganized
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...Short March is underway across the country. "Everyone knows in its cities, China is building up - but it's also building out," says Jing Ulrich, managing director and head of research at JP Morgan in Hong Kong. In Beijing, a high-speed rail link will bring cities like Tianjin, 70 miles (113 km) away, into commuting distance by this summer. In places such as Chongqing to the west and Dalian in the north, says Ulrich, the same pattern of development is taking shape...
...Sympathetic press reports have also noted that Bouton's actions in the face of the crisis provided additional reason for keeping him on. Despite the enormous blow Kerviel's activities dealt the bank's finances and image, Bouton was able to quickly enlist international heavyweights like JPMorgan Chase and Morgan Stanley to back an $8 billion capital increase?and has already convinced two big French businesses, Groupama and Caisse des Dépots, to subscribe...
...raffish tales from the poet's short life, the odd misty-eye and, of course, haggis. "It's not just a night anymore, or even a week, it's a whole bloody month!" Tait complains, again unconvincingly, as he raises his glass for yet another toast. The former Morgan Stanley banker has taken well to his new line of work - last year Tait attended 11 Burns Suppers stretching into February. It's early January when TIME donned the de rigueur kilt to join him as a Burns Supper guest at London's illustrious private Caledonian Club. "A little island...
...sharp, possibly year-long U.S. recession and a global slowdown. Despite Asia's torrid growth, consumers in China and India accounted for only $1.6 billion of the world's spending last year, a tiny fraction of the $9.5 trillion spent by Americans, according to Stephen Roach, head of Morgan Stanley's business in Asia. It's impossible to pull U.S. spending back without sending ripples through the rest of the world...
...sharp, possibly year-long U.S. recession and a global slowdown. Despite Asia's torrid growth, consumers in China and India accounted for only $1.6 trillion of the world's spending last year, a tiny fraction of the $9.5 trillion spent by Americans, according to Stephen Roach, head of Morgan Stanley's business in Asia. It's impossible to pull U.S. spending back without sending ripples through the rest of the world...