Blog: Spirit of Money, Financial Fluidity
by munificent

CFO blog/China

The links are very educational, and the idea that China who executes more citizenry than any country in the world- even more than Aarrnnoollddd.

Date:   1/3/2006 7:24:37 PM   ( 15 y ) ... viewed 1299 times

Executing in China (So to Speak)
Over the holiday week, I received this press release, complete with disturbing photos, alleging the beatings and rape of two Falun Gong adherents by Chinese police last month.

Grassroots organizers are getting smarter and more aggressive about sending this sort of thing to the business press. (The first such release I remember blogging about came from the Rainforest Action Network.)

I expect I'll see more. We reported in November on "China's Growing Appetite," and I'm writing an article right now about the protectionist sentiment stirred up in the United States (particularly in Congress) by China's failed bid for Unocal. As departments editor Joe McCafferty noted last August in "The Price of a Cheap Suit," allegations of poor working conditions in China are already a headache for U.S. companies. Add an increasingly savvy grassroots campaign to draw attention to human-rights issues, and U.S. companies doing business in China are likely to see those headaches continue.

Or will they?

Last year, when China executed four bankers for fraud, the reaction in the general business community tended toward jokes about Andy Fastow's good fortune, or comments like, "You think Sarbanes-Oxley is bad?" Steven Cutler, then SEC enforcement director, even quipped in a speech that "My friend Eliot Spitzer was heard to criticize the approach as too soft."

Good for a laugh, I guess, until one considers that conviction for a capital crime in China often means being shot in the back of the head upon leaving the courtroom, according to Amnesty International. As we reported in our banking issue, foreign investors are increasingly buying up pieces of Chinese banks. How enthusiastic would you be about an overseas stint as CFO at one of these firms?
Posted by Tim Reason | January 03, 2006 06:01pm | Post a Comment

Add This Entry To Your CureZone Favorites!

Print this page
Email this page
DISCLAIMER / WARNING   Alert Webmaster

CureZone Newsletter is distributed in partnership with

Contact Us - Advertise - Stats

Copyright 1999 - 2021

0.234 sec, (2)

Back to blog!
Add Blog To Favorites!
Add This Entry To Favorites!

Comments (15 of 48):
Thanks for your in… kermi… 15 y
I wonder about wom… 9thbo… 15 y
everybody knows... drofin… 15 y
Taiwan/China Next? Rikki-… 15 y
I am sorry to hear… 9thbo… 16 y
Re: I have a retir… #4933… 16 y
Nope, I don't make… 9thbo… 16 y
commercial pitch mark777 16 y
oh well... drofinnah 16 y
Yes this may well … kermi… 16 y
First hand experie… 9thbo… 16 y
Depends on age/ris… 9thbo… 16 y
10% of portfolio i… #1923… 16 y
Hi K-! Hope all i… 9thbo… 16 y
WOW who would thin… kermi… 16 y
All Comments (48)

Blog Entries (12 of 249):
CFO blog/China  15 y
Taiwan/China Next?  15 y
Dollar Bill Symbols  15 y RN
usd$$$  15 y
Recession-When/Why  16 y
Enron's exCFO to help Prosec…  16 y
5 smartest things on Wall St…  16 y
Exxon  16 y
Horse is Dead-  16 y
History of Viacom  16 y
Viacom  16 y
WSJ Trust Funds  16 y
All Entries (249)

Blogs by munificent (10):
Yoga Path  15 y  (396)
Cold Water Blog  15 y  (269)
Quantum Intelligensia  15 y  (267)
Leadership  15 y  (67)
BaBaGee Blog  15 y  (16)
Breathwork  16 y  (16)
Desire  15 y  (5)
Sacred Sex  15 y  (4)
Apothegm  15 y  (3)
Breathwork for wholeness  16 y  (3)

Similar Blogs (10 of 185):
My Unusual Road of …  by kerminator  12 h
Absolute Truth Some…  by Kerminator  5 d
Chef Jemichel ~ The…  by chef jem  80 d
Advices and tips on…  by Law Offices  82 d
Manifestation Magic…  by magic44  4 mon
David Sanderson’ Ul…  by manifestation11  8 mon
Five steps on how t…  by drawmoney7  8 mon
willson 456  by kaviharshu99  10 mon
Mobile Notary  by mobile-notary  14 mon
asinglemomstory  by loknathtechtro  16 mon
All Blogs (1,019)

Back to blog!

Natural Cancer Remedies
Cancer-proof your body with little known immune boosters!

Wormwood Parasites Cleanse
Hulda Clark Cleanses

Lugol’s Iodine Free S&H
J.Crow’s® Lugol’s Iodine Solution. Restore lost reserves.

Better Than Colonics. Period.
Oxygen Detoxification for both small and large intestine...