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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?

To: hui zhou who wrote (2962)	3/6/2008 11:40:23 AM
From: RealMuLan	Read Replies (1) \| Respond to of 12464

Definitely there is a bad corporate culture in Huawei since the CEO himself often times sleep in the office. But the problem is the employee's relationship with the company is only salary and maybe a little bonus even if they own a couple of shares of company's stock, while the CEO owns the company. I read Huawei is extremely stingy, for some entertainment, they only give free tickets to employees themselves, NOT even their spouse. That is way too MEAN! I prefer to live in pre-Deng era too. Yes, much less money and material consumption, but people were happier then, and the water and air were much cleaner, and food was much saver and healthier. Now people are much richer for sure, but much less people feel happy (there are some research showing Chinese are less happy now). Material things have NO limit, so the chasing after them has also NO end. Where to draw the line? What is the point when people are work to death when they have more money and bigger condos? I think more and more Chinese young people should do some reckoning on this. Although it would be hard for them to protest since good jobs are hard to come by in China nowadays, so if they protest, they will get fired. Same thing is true in the US in a lot of companies, although the competition in the US is not nearly as bad as in China now.

To: hui zhou who wrote (2962)	3/7/2008 8:15:15 AM
From: RealMuLan	Read Replies (1) \| Respond to of 12464

[I hope Chinese state banks don't be a sucker for the 2nd time to fill these crooks more milk using Chinese people blood money!]--More Trouble at Carlyle Capital Friday March 7, 7:04 am ET Carlyle Capital Corp. Ltd. Reports Additional Margin Calls, Considering 'All Options' biz.yahoo.com LONDON (AP) -- Lenders to Carlyle Capital Corp. Ltd. have begun to liquidate securities held in its $21.7 billion portfolio and the fund said Friday it was considering "all available options." The margin calls against Carlyle portend an ominous development one day after the fund was served with default notices, convulsing already skittish markets. Shares in the fund, a listed mortgage-bond fund managed by private equity firm the Carlyle Group, were suspended Friday. The stock closed down Thursday nearly 60 percent at $5.00 on Euronext Amsterdam.