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...predecessor, Zhou Xiaochuan, was a committed reformer who took over the CSRC in 2000 and tried to give it teeth. (Last week he was rewarded with a promotion to lead the central bank). Nonetheless, investors have been duped in the past couple of years by a string of spectacular stock-market scandals. Consider Lu Liang, for 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...

Author: /time Magazine | Title: China's New stock cop | 1/6/2003 | See Source »

With 1:30 left in regulation, Norman made a spectacular block and then turned on the rocket-boosters, tracking down a long lob pass from Prasse-Freeman and finishing with an authoritative dunk. The slam put Harvard...

Author: By Sean W. Coughlin, CRIMSON STAFF WRITER | Title: M. Hoops Beats Catamounts | 12/18/2002 | See Source »

...numbers are even more spectacular considering Merchant’s ho-hum Harvard history. Before the season began, Merchant had not started a game since his freshman season. In 2001-2002, the senior averaged 7.2 points and 2.7 rebounds in just over 18 minutes of court time per game...

Author: By Lande A. Spottswood, CRIMSON STAFF WRITER | Title: Athlete of the Week: Brady Merchant '03 | 12/17/2002 | See Source »

...Tribal leaders don't have to disclose executives' pay or management arrangements, report their profits, issue audited financial statements or divulge self-dealing contracts to the public or their tribe's members. Not all these deals work out for the moneymen, but the ones that do yield spectacular returns. A few of the outside investors have distinctive--some would say controversial--pasts. Here are profiles of three...

Author: /time Magazine | Title: Indian Casinos: Who Gets The Money? | 12/16/2002 | See Source »

Carey's fall from the charts was the more tragically spectacular. While promoting Glitter, her vanity movie and album, she did a woozy striptease on MTV, posted a series of bizarre ramblings on her website and even flirted with Eminem. After she was hospitalized for exhaustion and Glitter flopped in a Waterworld-meets--Chris Gaines kind of way, Carey's record label paid her $28 million not to record with it again. This is pretty humiliating stuff, and Charmbracelet is not above begging for sympathy. Carey opens with Through the Rain, a somber ballad that reduces her formidable voice...

Author: /time Magazine | Title: The Overdramatic Duo | 12/16/2002 | See Source »

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