
“The one-and-half-day disappearance of Shanghai tycoon Guo Guangchang, chairman of Fosun Group, who is sometimes referred to as China’s Warren Buffet, comes at a particularly disturbing time for the mainland’s richest business figures. Earlier this month, tycoon Xu Ming was reported dead of a heart attack while in jail, despite being reported as enjoying an ‘excellent health and mental condition‘ just two months before his imprisonment. Xu Xiang, an aggressive private fund manager regarded as China’s George Soros, was arrested last month for alleged inside trading, while six of the top eight executives at CITIC Securities are being held for questioning over possible wrongdoing.”
Related posts:
Switzerland among top three 'happiest countries'
Anti-drone protesters knocked off course by broad restraining order
Some traders got Fed 'no taper' decision news early
California's Solar Mandate Raises Housing And Energy Prices Without Reducing CO2
Obama urged to fulfill Guantanamo closure pledge
The Woes of an American Drone Operator
Pentagon tried to block report on child sex among Afghan forces
Another US encrypted email service, founded by PGP inventor, also shuts down
Bankers, bankers uber alles, uber alles in der welt
Commodity Rout Worsens as Prices Tumble to Lowest Since 2002
Obama administration asks Supreme Court to allow warrantless cellphone searches
Ageing population pushes welfare bill to crisis point
FDA launches inquiry about Merck drug Zilmax in cattle feed
Venezuela's Central Bank to Trade Gold with Goldman Sachs
Malaysian development fund officials stole $4.5 billion, and no one's talking