Word: partnering
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...market crash. (An investment fund it launched was one of the era's biggest disasters.) Goldmanites had no choice but to stick together and look to the long run. The firm's now pilloried entwinement with Washington (some call it Government Sachs) began in those days too, after managing partner Sidney Weinberg made the rare-for-Wall Street move of backing Franklin Roosevelt in 1932. That led to a key role for Weinberg in the World War II industrial-mobilization effort, where he got to know top executives at every major manufacturing firm in the land. After the war, these...
...company says it expects to sell about 2,000 Ghosts annually, although Purves says that may not happen until after the recession is over. "It's not at all a frothy environment [right now]," he admits. But analysts say the sales figure is a realistic goal. John Wormald, managing partner of the British automotive consultant Autopolis, says sales of the Ghost could eventually reach 5,000 a year...
...high-tech powerhouse - but the business model has its limits. Because they work for others, contract manufacturers have little pricing power and don't reap the higher profit margins commanded by companies like Sony and Samsung. "There are very slim margins and you have to listen to your partner," says Peter Chou, HTC's CEO. "With your own brand, you own your own destiny...
...policy. Apparently reacting to numerous overseas media reports of a change in city birth-control regulations, which was portrayed as being the first sign of a reversal, Xie Lingli was quoted by the official Xinhua News Agency as saying that a citywide policy of allowing couples in which each partner is an only child to have two children had been in place for many years. She also emphasized that the Shanghai city government's family-planning office would never actively encourage any new measure that was counter to national policy...
...that the ruling parties use security issues as an excuse to jail and torture opponents and rivals. In addition, the parties' leaders control vast sectors of the region's economy, and foreign and local businessmen say it is nearly impossible to start a venture in Kurdistan without a silent partner from one of the two groups. Critics also say the parties use the allocation of jobs in schools, hospitals and government ministries as a way to enforce loyalty. And the region's few independent media outlets frequently complain of harassment. (See pictures of life returning to Iraq's streets...