Word: perkowski
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...this year had its tires mounted backwards - but it received a boost last fall when American financial wizard Warren Buffett bought 10% of the company for $230 million, a stake that is now worth at least four times as much. "BYD is obviously way ahead of everyone," says Jack Perkowski, a Beijing-based businessman who has worked as an executive in the Chinese auto industry. "It has a core competency in the fundamental technology you need for electrics...
...companies don't have a hundred years of auto manufacturing to unlearn before they tackle electrics. Just as the country skipped ahead on mobile phones, it could do the same on electric cars. "Electrics could be a way for Chinese automakers to leapfrog the rest of the globe," says Perkowski...
...something, economically speaking, is really happening in China. Tim Clissold, the author and, in this case, the dutiful assistant, is in the midst of a grand tour of China with his new boss, known by the pseudonym Pat in the book, but in real life a fellow named Jack Perkowski, who in the roaring '80s had risen to become head of investment banking at Paine Webber. Theirs is not a sight-seeing tour. They are looking for places to invest millions of dollars that Pat intends to raise back home on Wall Street. They see more than 100 factories. They...
...would, and I live here in China. Thankfully for the reader, Clissold and Pat are anything but normal. They are present at the creation of China's economic miracle, and they intend to ride it to riches, baijiu and rabbit ears notwithstanding. Clissold's memoir of his years with Perkowski-- 1995 to 2002--is an instant classic. The best "business" book previously written about China is probably Jim Mann's Beijing Jeep, an account of the ill-fated auto joint venture in China's early days of experimenting with capitalism. Mr. China (Harper Business; 252 pages) joins...
...third quarter. Yale's Frank Perkowski capped a 65 yard drive with a one-yard scoring plunge. For Harvard, the worst was yet to come. Yardling quarterback Milt Holt was forced to leave the game in the fourth quarter with an eye injury...