Tony Soprano Now Runs The World Economy [Forbes]
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Source: Forbes
Tony Soprano Now Runs The World Economy China sent a clear message to the global economy with the shock resignation of Cathay Pacific's CEO. Yes, yes, Rupert Hogg stepped down August 16 to "take responsibility as a leader of the company in view of recent events." But no one really buys that explanation, given Cathay’s public scrutiny News that some Cathay staff supported the protesters put one of Hong Kong's most celebrated names into China Inc.’s crosshairs. With blistering speed, the CEO and at least three pilots were gone, and the board bowed to a list of Beijing demands. Hogg's was—symbolically—a public execution, the kind gangsters worldwide have long used to remind cronies and competitors who’s boss and the rules of the game. China is following the same playbook as it instructs Hong Kong CEOs to toe the party line. Call it the Tony Soprano playbook, one that is back in vogue in more corners of the globe than investors may care to admit. Donald Trump calls himself The Art of the
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