Word: stockings
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...interested in analyzing large bodies of data to determine what is likely to happen," says McColl, the former Bank of America CEO. "NuTech has figured out how to do that." McColl joined NuTech's board in September and has invested in the company. He and Walesa will receive stock options that could prove valuable if the company successfully goes public. Michalewicz says the 126-employee firm has almost 100 customers and is turning a small profit...
That's evident in the first-class boutique hotels recently built in the city's large stock of grand old buildings. The most sumptuous is the Hotel Le St-James (514-841-3111), which was fashioned out of a 130-year-old merchant-bank building in the Old Montreal district. Travelers looking for suites with antique furniture and plasma-screen-TV-equipped, marble-encased bathrooms can alight here for $300 to $3,750 a night. A bit pricey, non? "Our guests don't ask the price, they ask for the square footage," sniffs the hotel's directeur-general Guy Luzy...
...professional when an amateur would do it for dramatically less money? In fields ranging from photography to the sciences, companies are taking jobs once performed by staff and CROWDSOURCING them to the enthusiastic, increasingly adept masses You Find It Wal-Mart can't afford to stock anything that won't sell in volume. But websites like MySpace or Netflix offer an endless array of obscure products, allowing users to forage successfully for Japanese ceramics or old-time bluegrass as easily as they might find the latest John Grisham book. This business model is known as the LONG TAIL THE ENTERTAINERS...
...PetroChina’s rise couldn’t have happened without the support of UBS, the prestigious Swiss bank. By acting as underwriter for PetroChina’s listing on the Shanghai stock exchange, UBS guaranteed that PetroChina’s initial public offering (IPO) would be a success. That fact should give great pause to UBS employees and students at Harvard and across the country who are considering employment...
...UBS’s privileged position gave it unique leverage over PetroChina, and a responsibility to exercise sound ethical judgment. Had UBS declined to underwrite PetroChina, PetroChina’s success on the Shanghai stock exchange would have hardly been guaranteed. Without the support of a western firm, PetroChina would have had to rely upon a Chinese investment bank, which would not have been able to provide the same level of financial expertise or resources...