RawCode

Or at least The Economist thinks so, I find the idea interesting so I thought I would post about it.

“The Chinese Plot Against Capitalism”

The Chinese company Xinhua Finance bought an American company called Glass Lewis. Glass Lewis’s business is to advise institutional investors and shareholders on various corporate policies. They assist the Board of Directors is what policies to create and how to present them to the shareholders for voting. They are an outside “Third party” brought in to validate the Board of Directors proposals.

So Glass Lewis has plenty of power in corporate America being a a trusted third party.So what happens if that trusted third party is purchased and hence controlled internationally? By say a Chinese company named Xinhua Finance. Would it cast doubt on the credibility of the company’s future research? You wouldn’t think so, as the company would like to stay in business assisting our Kings of Capitalism.

So now, what would you think if the Director of Research, Lynn Turner, left Glass Lewis five months after the purchase? He is a respected member of the corporate world who once served as the chief accountant of the Securities and Exchange Commission and was the principal advisor to the S.E.C. chairman. He stated that he was worried about potential conflicts of interest with other Xinhua businesses, and by “another potentially troubling aspect: Xinhua once had ties to China’s Communist Party”

Ah trouble indeed. So how does Glass Lewis advise now under the direction of a Chinese based financial firm, which has its own investments in Chinese businesses that compete against US based businesses? Do you detect a conflict of interest? I do, and I find the idea troubling.

Filed by RawCode at 5:37 am under Banter
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So I have been a part of the Ars community for six years as of May 8th. Crazy. The only reason why I spent the time to figure this out is this post over in the Ars Lounge about “Your First post!”. So I did a quick (hardly, christ!) search on the forums to see if I could find my very first post on Ars.

“Integration Into American Society”

I remember vaguely posting about that because Keystone was being such a prick in the thread that I HAD to post. And then I promptly forgot about the entire thread, but it is how I got hooked on Ars.

Thanks a lot for giving me a reason to waste hours online you bastards.

Filed by RawCode at 3:44 am under Banter
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I love The Economist, I really do.

Especially when they pump out quality articles like this: The Fatness Formula

I have long suspected HFCS to be a horrible thing for the body. When I switched over to diet soda, I lost 15 lbs without even trying. Same for a girlfriend and a few other friends that and quit soda. I have never read too much about HFCS, but enough to understand that it did not satiate your bodies hunger  not matter how much you had.  Now they are starting to learn that it actually increases your hunger while causing your liver to dump fat into the blood stream.

Glad I dropped it a long time ago.

Filed by RawCode at 1:44 am under Banter
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