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...town for brief, superficial sojourns) adopt a default posture of digit-pointing, waving jaded index fingers at a concert calendar crammed with Cantopop and mainstream international acts. But even the most cursory probing reveals plenty of homegrown edge. Consider the Underground, a fortnightly indie-music night that takes place in venues across town, whose organizers have showcased more than 300 bands in its five years of existence. That's irrefutable evidence that if you're looking to tap into live, original music in Hong Kong, there's an astonishing amount to be found. (See Asia's best bands...
Conflicts are beginning to take place in other areas where Google has ventured. That includes e-mail and office programs (Gmail, Google Docs), a cell-phone operating system (Android) and a Web browser (Chrome). Google scans and sells books, runs a phone system and is even working on a desktop operating system to rival Windows. CEO Eric Schmidt recently stepped down from Apple's board of directors because the two companies now compete in so many areas. The U.S. Justice Department is investigating a legal settlement between Google and the publishing industry over the company's book-scanning service...
...contradiction: an excelling company being reviled in a country that embraces the profit motive. And without question, Goldman Sachs under Blankfein has recalibrated, in very large numbers, its place as Wall Street's most astute, most opaque and most influential firm. In the first and second quarters of 2009, the company earned $5.3 billion in net income, the most profitable six-month stretch in Goldman's history. Goldman's stock has more than tripled since its low last November, to more than $160 per share...
...Goldman in favor of Jon Corzine (now governor of New Jersey), Blankfein was selected to run J. Aron. His appetite for risk quickly surfaced. In 1995 he chided his fellow partners for being too risk-averse and promptly left a conference room where they were meeting to place a multimillion-dollar bet with the firm's money that the dollar would rise against the yen. Blankfein's bet - one of his favorites - paid off, and he impressed his partners as a prudent risk taker. He would do the same thing - exhort them to take greater risks - 10 years later...
...Kennedy was not always the beacon of courage and determination his eulogizers have made him out to be. As a freshman at Harvard, he worried his grades would jeopardize his eligibility to play football, so he had a friend take a Spanish exam in his place. Both were thrown out for two years but returned on good behavior, and Kennedy graduated...