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...reputational accident because you weren't able to oversee [the business] properly." So, at roughly 10,000-strong, C. Hoare & Co.'s customer base has reached its limits. Those that do make it in tend to be very well-heeled: investment portfolios at the bank average $1.5 million, while basic account holders maintain balances of anywhere from $2 million in the black to similar amounts in the red. But it's not enough to be rich. Clients must also "be extremely well introduced and have impeccable credentials," says Hoare. New money may be hotly courted elsewhere, but not here...

Author: /time Magazine | Title: Private Banking: Old-School Rules | 4/23/2008 | See Source »

...fair for people to be able to starve in the 21st century when there’s such affluence,” said Farmer. During the two-hour discussion, the panelists talked on topics ranging from gender equity in Rwanda to the controversy of declaring that basic sustenance a human right. Farmer described plans that governments can pursue in order to maximize their health care potential and better assist the poor. The internationally acclaimed professor colored his account with anecdotes and images, interspersing them throughout his presentation. At one point, he characterized an emaciated man on screen...

Author: By Byran Dai, CRIMSON STAFF WRITER | Title: Farmer Talks Health Care | 4/23/2008 | See Source »

...sitting ringside at a Mike Tyson fight may sound like a dream to most college students. But to blackjack gurus David Irvine and William B. Kaplan ’77, it was just a job. Irvine and Kaplan talked about their business ventures with blackjack and even explained the basics of their card counting strategy as part of the Harvard Undergraduate Women in Business’s (WIB) “Risky Business” event in Quincy dining hall last night. The dining hall was packed with slightly more women than men for the event, and students munched snacks...

Author: By Wyatt P. Gleichauf, CONTRIBUTING WRITER | Title: Gamblers Recount Blackjack Tales | 4/22/2008 | See Source »

...establishing full democracy in Hong Kong, but he stresses that he and the Democratic Party he founded in 1994 have achieved one thing: "No one today in Hong Kong will say that democracy is bad for Hong Kong," he says. "The only dispute is the timing." Hong Kong's Basic Law, the mini-constitution enacted in 1997, proposed the introduction of universal suffrage as early as 2008. In 2004, Beijing postponed that date until at least 2012. Then last December, Beijing announced that Hong Kong voters will have to wait until 2017 and 2020 to elect their chief executive...

Author: /time Magazine | Title: Hong Kong's "Father of Democracy" to Retire | 4/21/2008 | See Source »

...earned his B.A. from the University of Hong Kong before studying law at Lincoln's Inn in London. After returning to Hong Kong to practice law, he was elected to the Legislative Council in 1985 and became a member of the Beijing-appointed committee to draft Hong Kong?s Basic Law. But when Beijing cracked down on protestors in Tiananmen Square in 1989, Lee's role in leading protests in Hong Kong led to his ouster from the Basic Law committee. Since then, he has been banned from visiting the mainland, with the exception of a brief Legislative Council visit...

Author: /time Magazine | Title: Hong Kong's "Father of Democracy" to Retire | 4/21/2008 | See Source »

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