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...anytime soon," says Sun. "That's still enormously attractive to mainland (Chinese) companies." Indeed, the Shanghai-based Fosun Group, the largest privately held company in China, will try to raise more than $1 billion in an IPO in Hong Kong later this month - a deal underwritten by Morgan Stanley...

Author: /time Magazine | Title: China's Stock Market Mania | 7/6/2007 | See Source »

...nation's largest hedge fund. Plus it trades at 10 times earnings, less than half of Blackstone, and doesn't have its tax bracket being debated by Congress. In fact, many Wall Street firms have significant divisions devoted to alternative investments. Among them, fund manager Schutz most likes Morgan Stanley for its lower valuation...

Author: /time Magazine | Title: Should You Bet on a Hedge Fund? | 6/27/2007 | See Source »

...weatherman who had risen steadily through the corporate ranks, as a lackey of the previous CEO, the notoriously difficult Michael Eisner, whose boldness was often considered an asset. Many inside and outside Disney questioned whether Iger, 56, had the maverick's instincts to run the storied company. Shareholders Stanley Gold and Roy Disney even filed a lawsuit to void his election by Disney's directors...

Author: /time Magazine | Title: Building a Better Mouse | 6/14/2007 | See Source »

...have a beautiful imagination," beams Thelma Unite [prounounced YOO-NEE-TAY], eyes shining as a broad smile curls across her face. Even then, her presence in this swank coffee shop in Stanley, a ritzy beachside Hong Kong neighborhood marked by flashy cars and exclusive country clubs, would have been hard to envision amid the squalor and deprivation of her native village in Cagayan province, northern Philippines. But Unite, a self-taught artist and singer-songwriter, knows better than most how closely the two places are linked...

Author: /time Magazine | Title: Unite, a Worker of the World | 6/11/2007 | See Source »

...magazine begat a larger entity, more suited to wielding nine-figure sums, called the Poetry Foundation. The foundation needed somebody to run it who was equally at home serving art and Mammon, and they found what they were looking for in John Barr, who spent 18 years at Morgan Stanley before co-founding a boutique investment-banking firm on his own. During that time he also published six books of verse and taught in the writing program at Sarah Lawrence. "For me all the stuff I've experienced in the business world was, in a deep way, feedstock...

Author: /time Magazine | Title: Poems for the People | 6/7/2007 | See Source »

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