Word: rosee
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...Shang, 51, spent the bulk of his career as a bureaucrat at China's central bank, the People's Bank of China. His star rose there in 1994, a troubled time when inflation hit 24% and the economy was hobbled by a myriad of off-the-book loans between corporations. Zhu Rongji, then China's Vice Premier, was determined to untangle the mess. In meetings on the issue, "Shang impressed Zhu with his ability to cite numbers off the top of his head," recalls one of Shang's former bank colleagues. In addition, Shang is "likable and gives...
...example, who took control of a listed chicken breeder in 1999 and renamed it China Venture Capital. After raising an astounding $650 million from investors, he used 125 brokerage offices to manipulate his firm's shares. Under a pseudonym, he even wrote newspaper articles extolling the stock, which rose 370% before crashing in 2001. Lu bragged in an open letter that "the man who killed the bull market was once a common peasant." Last June, six of his cohorts went on trial, though no verdicts have yet been reached. Meanwhile, police are still hunting for Lu, who has gone into...
Meanwhile, she reunited with the first man to have ever sent her a rose--Lance Cooper, the boy who had had an unrequited crush on her in high school. He heard she was back in town and called to ask her to lunch. She accepted and then called back to say she wasn't ready to date. He said he understood and asked her to call him if she changed her mind. But he called her again the next day and persuaded her to reconsider. They were married in 1993. Lance had spent 12 years as a computer consultant...
Such impudence, while a virtue in New York, was less appreciated when she returned to Houston in 1993 to take a job with Enron. Her mother noted the new attitude. And while Watkins rose quickly through the ranks and was thought of as whip smart, she earned an equally well-deserved reputation for lack of tact. Poised and pleasant with clients, Watkins often barreled right through her colleagues. They nicknamed her the "Buzz Saw." One boss pulled her aside and said, "Sherron, you kind of cut people off at the jugular. There they are bleeding at the neck, and then...
...Power Hoarder If you're in politics and you believe in leadership and action, the Executive Branch of government is the place to be. Cheney was happy and effective in his 10 years as a Congressman, and he rose to be the second-ranking Republican in the House, with a real chance of one day becoming Speaker. But when President Bush in 1989 asked him to be Secretary of Defense instead, he leaped at the offer. Even when he was in the House, Cheney displayed a strong bent - atypical in that chamber - for Executive privilege. In the wake of Vietnam...