Results tagged “cic”

The President of China Investment Corp, Gao Xiqing, has made his way to the U.S. with Wei Christianson, CEO and Managing Director of Morgan Stanley China, sparking rumours that the Chinese sovereign wealth fund may buy up to 49% of the beleaguered investment bank. Gao has been scheduled to meet Morgan Stanley executives in San Francisco after the New York-based company plunged 42% after Lehman Brothers filed for bankruptcy and Merrill Lynch sold itself to Bank of America.

In a critical post about a new search engine awkwardly-named Cuil, the folks at popular blog TechCrunch posted a screen grab of a Cuil search for "TechCrunch" and said: "And I have no idea who that person is next to the results for our 'About' section." Why it is none other than Shanghai's biggest R.E.M. fan, Sam Flemming, head honcho of Internet Word of Mouth research and consulting firm CIC. So, that answers the "who" portion of this question ... but what about the "why"? The only thing we can think of: Cuil rightfully finds Sam a more attractive alternative to TechCrunch founder Michael Arrington.