Posts Tagged ‘corruption’

China is hot – is it facing a glorious future or a colossal collapse? This week on Your Financial Editor.

Friday, October 14th, 2011

This week, my guest, Gordon Chang, takes us on a vividly observed voyage behind the scenes of China’s so-called economic miracle, where it turns out that institutions are shaky, relationships corrupt, and success precarious.  Chinese society is seething with unrest, and the ruling party is split. Chang has lived and done business in China for years.  He is not afraid of making bold judgments.  When he warns that China’s two centuries of troubles are still not over, we had better take notice.

Join me this Saturday morning at 8am on AM 930 WFMD, or listen from your pc by logging onto WFMD’s website and click the listen live button.

About this week’s guest:

Gordon G. Chang is the author of Nuclear Showdown: North Korea Takes On the World, released by Random House in January 2006.  Showdown focuses on nuclear proliferation in general and the North Korean crisis in particular.  His first book is The Coming Collapse of China (Random House, August 2001). He is a columnist at and The Daily.
He lived and worked in China and Hong Kong for almost two decades, most recently in Shanghai, as Counsel to the American law firm Paul Weiss and earlier in Hong Kong as Partner in the international law firm Baker & McKenzie. 

His writings on China and North Korea have appeared in The New York Times, The Wall Street Journal, the Far Eastern Economic Review, the International Herald Tribune, Commentary, The Weekly Standard, National Review, and Barron’s.  

He has spoken at Columbia, Cornell, Harvard, Penn, Princeton, Yale, and other universities and at The Brookings Institution, The Heritage Foundation, the Cato Institute, RAND, the American Enterprise Institute, the Council on Foreign Relations, and other institutions.  He has given briefings at the National Intelligence Council, the Central Intelligence Agency, the State Department, and the Pentagon.  He has also spoken before industry and investor groups including Bloomberg, Sanford Bernstein, and Credit Lyonnais Securities Asia.  Chang has appeared before the House Committee on Foreign Affairs and the U.S.-China Economic and Security Review Commission.   
He has appeared on CNN, Fox News Channel, Fox Business Network, CNBC, MSNBC, PBS, the BBC, and Bloomberg Television. He has appeared on The Daily Show with Jon Stewart.  

Outside the United States he has spoken in Beijing, Shanghai, Taipei, Hong Kong, Seoul, Singapore, Tokyo, The Hague, London, Ottawa, Toronto, and Vancouver.

He has served two terms as a trustee of Cornell University.

Cynicism, corruption, hope and faith…It’s all in our nation’s capital.

Wednesday, May 26th, 2010

I’m a pretty cynical person when it comes to the world of politics.  However, my recent lunch at the National Press Club showed me that some very positive influences can come from inside the walls of Washington.  At a members’ luncheon at the Press Club, Ms. Barbara Bush, Founder and Executive Director of Global Health Corps, shared how her experiences traveling to the continent of Africa with her parents, President George W. Bush and First Lady Laura Bush impacted her life.  Ms. Bush knew at the age of 20, while still attending Yale University, that she wanted to improve the lives of those less fortunate around the world.  At the ripe old age of 28, Ms. Bush has excelled as the leader of Global Health Corps, in leadership, fundraising and recruitment.  This allowed her to utilize young talents, from all walks of life, to bring hope and faith to some who may otherwise have known it.

By the way, Mrs. Jenna Bush Hager was also with us, and even though she does not work with her sister, she is just as compassionate and caring.  Mrs. Hager focuses her energy on the improvement of education for American students.

So, I am happy to say that I was wrong.  I see that not all bad comes from the corruption of power inside the beltway.  The wonderful influence that George and Laura Bush had on their daughters, and the experiences that they provided, are, and will continue, to have a wonderful effect on the world.

Friendship, Betrayal, and High-stakes Games. Inside Lehman Brothers – this week on Your Financial Editor!

Thursday, April 29th, 2010

Chris Murray - Host of YFE

They were the Rat Pack of Wall Street.  Four best friends, a decorated war hero, an emotional hippie and two regular guys with big hearts and dreams.  This week on Your Financial Editor, Chris Murray and his guest will take you deep inside the rise and fall of the oldest partnership on Wall Street, Lehman Brothers.  You will get an insider’s view of the main players, their friends and families, and the treachery, greed and corruption that tore them apart.  Saturday morning on AM 930 WFMD or listen from your PC on

About this week’s guest:

Vicky Ward is the author of  The Devil’s Casino, a remarkable novel about four men who dreamed of being “the good guys of finance” on Wall Street.  Ms. Ward not only takes you inside the financial world, but inside the culture, the families, and the rivalries that led to the fall of Lehman Brothers.  She has been a contributing editor to Vanity Fair since 2001, and specializes in investigative reporting.  She is also a weekly contributor to the Huffington Post and a contributor to CNBC.  Her work has appeared in many high profile publications, and she has profiled CIA agent Valerie Plame, Morgan Stanley, Brooke Astor and Kate Moss and many other well-known figures.  Ms. Ward is native Briton, holds a master’s degree from Cambridge University, and has lived in New York City since 1997.