Tag Archives: Fortune Magazine

Aug. 11, 2014 Fortune

On Aug. 11, 2014 Fortune magazine’s Peter Elkind and Marty Jones wrote “Citizenship For Sale” about the government immigration EB-5 visa program. Created by the Bush Administration in 1990, any wealthy person on the planet can buy US citizenship for $500,000 if they promise to create only 10 US jobs. “The growing demand for EB-5 financing is being met largely by new Chinese millionaires, eager for greater freedom and less pollution, or to send their kids to college in the US. More than 80% of the program’s applicants come from China, making it the mother lode for EB-5 prospecting.” The article describes how these investors may be at risk from fraudulent or misleading businesses in the US. It also describes how EB-5 may not be creating that many new jobs in the first place.

Adam Lashinsky wrote “LinkedIn’s Networker In Chief” about LinkedIn CEO Jeff Weiner.

Copyright 2014 DJ Cline All rights reserved.

Apr. 26, 2012 US Sec. Treasury Timothy Geithner

On April 26, 2012, in San Francisco at the Mark Hopkins Hotel, the Commonwealth Club hosted US Secretary of the Treasury Timothy Geithner. Adam Lashinsky of Fortune magazine asked him about the state of U.S. and Global Economies before he headed off with Secretary of State Hillary Clinton to the 2012 U.S.-China Strategic and Economic Dialogue.

Geithner reminded the audience of the crisis the Obama Aministration inherited at the end of 2008, with a nine percent drop in growth and millions more people unemployed every month. He felt the bailouts and stimulus packages were necessary based on his studies of history. Too often governments try to reach prosperity buy cutting their way to austerity, often stalling their recovery. A measured stimulus with steady growth has brought the US economy back from the brink. He knows there are continuing Occupy protests concerned about the economic injustice of the one percent toward the ninety-nine percent.

The global economy is split with the rapid growth in Asia and debt crisis in Europe. He thinks it is important to continue to support European efforts to resolve the crisis. He hopes China will change its policy toward the exchange rates of its currency with the dollar. Despite the differences between America, China and Europe, they all have rapidly aging populations, rising energy demands and the need for continued growth.

Also covering this event were Grace Lee of CBS-TV, Mark Niu of CCTV, Doug Sovern of CBS Radio, Carolyn Tyler of ABC-TV.

Finally, Wendy Wanderman of the Commonwealth Club will be moving on. Congratulations! You will be missed.

Copyright 2012 DJ Cline All rights reserved.

Feb. 6, 2012 Fortune

On Feb. 6, 2012 Fortune magazine’s Adam Lashinsky wrote “The Secrets Apple Keeps” about a company keeping a lid on new products to keep a competitive advantage. It is a paranoid place that is not always a lot of fun to work for. The pay is competitive but people still want to work there for the prestige. Lashinsky also interviewed Google’s  Larry Page. Compared to Apple Google seems more open and fun loving.

LinkedIn’s Reid Hoffman wrote “The Real Way To Network” about building relationships versus traditional networking. Dale Carnegie is still relevant.

David A. Kaplan wrote “Salesforce’s Happy Workforce” about Marc Benioff’s philosophy and practice of trying to do the right thing.

Copyright 2012 DJ Cline All rights reserved.

Oct. 1, 2008 SDF Cloud Computing 2

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On October 1, 2008 at TechMart in Santa Clara, SDF hosted
“Cloud Computing and Beyond: The Web Grows up (finally)”. Several industry leaders and startups discussed the future of creating and running applications on the web and accessed by a local device. Will they be cheaper or even free compared to desktop or mainstream IT software? If enough people adopt it does it become “mainstream”?Text from DJCline.com Continue reading Oct. 1, 2008 SDF Cloud Computing 2