Opinion

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Low-Cost and High-Risk

See Also: Fiery End to Phuket-Bound Plane The crash of Thai budget carrier One-Two-Go’s MD82 airliner in Phuket Sunday, killing 88 of the people aboard, is the latest ominous reminder... Read More...
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Asia May Catch Cold After All

Friday’s sudden plunge in the Dow Jones Industrial Average, falling 250 points on news of an unexpected August decline in US jobs by 4,000, could mean that investors are finally beginning to take s... Read More...
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In Korea, Getting Out of Jail Costs Money

The suspension of a three-year prison sentence for Hyundai Motor Group Chairman Chung Mong Koo, convicted of embezzlement in February, if he donates $1 billion to charity, is the latest and most dramatic exam... Read More...
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Candy to Stop America’s Blubbering

Between them, President George W. Bush and Federal Reserve Chairman Ben Bernanke last week summed up much that is worst about America’s baby boom generation. Those who dodged the draft fo... Read More...
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The US Market’s Pyramid of Lies

Sack Henry Paulson. Liquidate Goldman Sachs. Call Alan Greenspan to account. End Moody’s rating franchise. Arrest a few dozen salesmen of Collateralized Debt Obligations (CDOs). Those s... Read More...
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Trapped by Religion in Afghanistan

I am an existentialist and an atheist – so much so that I suspect that people I have known for years are afraid to tell me that they attend the church of their choice.  So as one who... Read More...
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Murdoch Takes a Journalistic Icon

The decision by the Dow Jones Co. to sell a controlling interest in the company to Rupert Murdoch’s News Corp marks a sad day for journalistic values, a sign that those who believe that professional... Read More...
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Hong Kong Pulls Up the Drawbridge

Hong Kong’s reputation as a well-run financial center open to all competition, has suffered two blows in the past few days. Both may echo long after the immediate noise dies away. ... Read More...
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Hong Kong 10 Years Later

Hong Kong’s officialdom has been engaging in an orgy of self-congratulation to mark the 10th anniversary of the handover of the territory by the British government following 155 years of colonia... Read More...