The Correspondent, September - October 2007

Page 1

3%04%-"%2 /#4/"%2

(++ ,)(' '4(% /&&)#)!, 05",)#!4)/. /& 4(% &/2%)'. #/22%30/.$%.43 #,5" (/.' +/.'

-!

«« }ÊÌ ÊÌ iÊ À>â > Ê i>Ì


FCC BALL 2007 PROGRAM.indd 16

10/15/07 8:18:05 PM


FCC BALL 2007 PROGRAM.indd 8

10/15/07 8:07:25 PM


FCC BALL 2007 PROGRAM.indd 22

10/15/07 8:30:32 PM


FCC BALL 2007 PROGRAM.indd 49

10/15/07 8:49:13 PM


-!

(++ ,)(' '-

CONTENTS

1)050(3"1) "/% $07&3 "4*"1*9

4HE #HARITY "ALL

! .IGHT OF ,ATIN ,OVE &EATURE

-EDIA 4HE :HAO 9AN %XCHANGE /LD "OOKS &IRST EDITIONS AND COMFY CHAIRS

/VER THE (UMP WITH THE &LYING 4IGERS 3PIRITS

4WO TIPPLES &EATURE

.EW "OOKS 3ECURING THE !NALYSTS 4AKING THE 0LUNGE &EAR AND ,OATHING IN 46 ,AND 0OISON 0EN /UT OF #ONTEXT #HRISTIAN #HASSET

4HE ,ONGEST 0ROTESTER

&ROM THE 0RESIDENT -ERCHANDISE 0ROFESSIONAL #ONTACTS

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


2XU URRWV OLH LQ DJULFXOWXUH 6R GRHV RXU IXWXUH At Rabobank, we pride ourselves on being a

AAA rating from Standard & Poor’s and Moody’s

niche knowledge-based bank, leading the world

€ 556 billion in assets

in food and agribusiness. With our local

1,554 offices worldwide

knowledge and expertise, Rabobank is perfectly

Located in 42 countries

positioned to help you identify the growth

9 million private and business customers

opportunities in your business.

worldwide

5DEREDQN ,QWHUQDWLRQDO

www.rabobank.com

FCC BALL 2007 PROGRAM.indd 27

10/15/07 8:32:45 PM


,ETTERS

'SPN "CTFOU .FNCFS %BWJE 5IVSTUPO JO #SJUBJO &URTHER TO MY LETTER TO 4HE #ORRESPONDENT IN THE -AY *UNE ISSUE ) SHOULD NOW ADD THAT 'ENERAL -ANAGER 'ILBERT #HENG 4(% &/2%)'. #/22%30/.$%.43 #,5" (/.' +/.' ,OWER !LBERT 2OAD #ENTRAL (ONG +ONG 4EL &AX % MAIL FCC FCCHK ORG 7EBSITE WWW FCCHK ORG 0RESIDENT #HRIS 3LAUGHTER &IRST 6ICE 0RESIDENT +EITH "RADSHER 3ECOND 6ICE 0RESIDENT +EVIN %GAN #ORRESPONDENT -EMBER 'OVERNORS 0AUL "AYFIELD *IM ,AURIE

+ATE 0OUND $AWSON -ATTHEW $RISKILL )LARIA -ARIA 3ALA ,UKE (UNT *EFF 4IMMERMANS %RNST (ERB *OURNALIST -EMBER 'OVERNORS &RANCIS -ORIARTY *AKE VAN DER +AMP !SSOCIATE -EMBER 'OVERNORS !NDY #HWOROWSKY 2OB 3TEWART

$AVID 'ARCIA 3TEVE 5SHIYAMA (ON 4REASURER 3TEVE 5SHIYAMA

AND THE ACCOUNTS DEPARTMENT ON REAL ISING THE NATURE OF THE PROBLEM SWIFTLY AND GRACIOUSLY ACCEDED TO MY REQUEST TO USE THE UNSPENT DOLLARS ON MY #LUB DEBIT CARD FOR PART PAYMENT OF MY AN NUAL #ORRESPONDENT SUBSCRIPTION &OR WHICH ) THANK THEM

'SPN "CTFOU .FNCFS (FPSHF 8 3VTTFMM JO *OEJB ) WAS PUZZLED BY THE #LUB S RESPONSE TO ABSENT MEMBER "RUCE -AXWELL S LETTER

&INANCE #OMMITTEE #ONVENER 3TEVE 5SHIYAMA

4HE #ORRESPONDENT -ARCH !PRIL

0ROFESSIONAL #OMMITTEE #ONVENER +EITH "RADSHER

ABOUT THE NEED TO OBTAIN A LETTER OF

(OUSE &OOD AND "EVERAGE #OMMITTEE #ONVENER $AVE 'ARCIA -EMBERSHIP #OMMITTEE #ONVENER 3TEVE 5SHIYAMA &## #HARITY #OMMITTEE #ONVENERS $AVE 'ARCIA !NDY #HWOROWSKY &REEDOM OF THE 0RESS #OMMITTEE #ONVENER &RANCIS -ORIARTY

INTRODUCTION FROM THE &## IN ORDER TO GAIN ENTRY TO A RECIPROCAL CLUB 7HEN ) APPROACHED THE FRONT DESK LAST YEAR FOR A SIMILAR LETTER FOR THE .EW #AVENDISH #LUB IN ,ONDON ) WAS TOLD THAT ABSENT

7ALL #OMMITTEE #ONVENER )LARIA -ARIA 3ALA

MEMBERS ARE NOT ELIGIBLE TO RECEIVE LET

'ENERAL -ANAGER 'ILBERT #HENG

TERS OF INTRODUCTION 0ERHAPS SOMEONE

4HE #ORRESPONDENT ยฅ 4HE &OREIGN #ORRESPONDENTS #LUB (ONG +ONG

COULD ISSUE A DElNITIVE OPINION ON THIS MATTER

4HE #ORRESPONDENT IS PUBLISHED SIX TIMES A YEAR /PINIONS EXPRESSED IN THE MAGAZINE ARE NOT NECESSARILY THOSE OF THE #LUB 0UBLICATIONS #OMMITTEE #ONVENER 0AUL "AYFIELD %DITOR $IANE 3TORMONT %DITORIAL AND 0RODUCTION (ONGKONGNOW COM ,TD 4EL % MAIL FCCMAG HONGKONGNOW COM 0RINTER (OP 3ZE 0RINTING #OMPANY ,TD !DVERTISING %NQUIRIES 3ANDRA 0ANG 0RONTO #OMMUNICATIONS 4EL &AX -OBILE % MAIL ADVERTISING FCCHK ORG

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

$POUSJCVUJPOT 5IF $PSSFTQPOEFOU XFMDPNFT MFUUFST BSUJDMFT QIPUPHSBQIT BOE BSU XPSL JO TPGUDPQZ GPSN POMZ QMFBTF o OP GBYFT PS QSJOUPVUT FUD 8F SFTFSWF UIF SJHIU UP FEJU DPOUSJCVUJPOT DIPTFO GPS QVCMJDBUJPO "OPOZNPVT MFUUFST XJMM CF SFKFDUFE 'PS WFSJรถDBUJPO QVSQPTFT POMZ BOE OPU GPS QVCMJDBUJPO QMFBTF JODMVEF ZPVS NFNCFSTIJQ OVNCFS JG BQQMJDBCMF BOE B EBZUJNF UFMFQIPOF OVNCFS $POUSJCVUJPOT DBO CF F NBJMFE UP GDD!IPOHLPOHOPX DPN %JTLT TIPVME CF ESPQQFE Pรฒ BU UIF $MVC PS QPTUFE UP UIF 'PSFJHO $PSSFTQPOEFOUT $MVC )POH ,POH -PXFS "MCFSU 3PBE $FOUSBM )POH ,POH BOE NBSLFE UP UIF BUUFOUJPO PG 5IF &EJUPS 5IF $PSSFTQPOEFOU '51 JT BMTP BWBJMBCMF BOE JT FODPVSBHFE GPS MBSHF รถMFT 1MFBTF F NBJM VT GPS UIF TFUUJOHT


FCC BALL 2007 PROGRAM.indd 25

10/15/07 8:31:40 PM


#LUB !CTIVITIES XXXXX

'30. 5)& 13&4*%&/5 %

VEN IF YOU WEREN T THERE YOU SHOULD KNOW BY NOW THAT THIS YEAR S #HARITY "ALL WAS A (5'% SUCCESS )N FACT IT WENT SO WELL THAT WHEN IT WAS OVER !NDY #HWOROWSKY GRABBED HOLD OF ME AND GAVE ME A BIG WET BOOZY KISS $AVE 'ARCIA GRABBED HOLD OF ME TOO GAVE ME A BIG BEAR HUG AND SLAPPED ME ON THE BACK A BIT TOO HARD LEAVING A VAGUELY PAW PRINT SHAPED BRUISE JUST BELOW MY SHOULDER 0ERSONALLY ) BLAME TEQUI LA FOR BOTH INCIDENTS 3ERIOUSLY THE "ALL GOES FROM STRENGTH TO STRENGTH 4HIS YEAR OUR SPONSORS AND DONORS GENEROUSLY PROVIDED MORE THAN (+ MILLION IN CONTRIBUTIONS ˆ THAT S RIGHT MORE THAN A MILLION BUCKS 53 &ROM THAT WE LL BE ABLE TO MAKE MORE THAN (+ MILLION IN CHARITABLE CONTRIBUTIONS 4HOSE NUMBERS ARE STAGGERINGLY IMPRESSIVE AND WE RE ALL VERY PLEASED THAT THE EVENT HAS GAINED SO MUCH TRACTION AND ENJOYS SO MUCH SUPPORT 4HANKS MUST GO TO $AVE AND !NDY THE "ALL #OMMITTEE S CO CHAIRS AND TO ALL THE #OM MITTEE MEMBERS WHO WORKED ON THE EVENT THROUGHOUT THE YEAR 7E D ALSO LIKE TO THANK THE STAFF OF BOTH THE 0O ,EUNG +UK AND THE &## FOR THEIR SUPPORT THEY PERSONALLY DONATE THEIR TIME AFTER WORK ING HOURS TO HELP WITH THE "ALL AND THOSE CONTRIBUTIONS ARE CRITI CAL TO THE EVENT S SUC CESS "UT ULTIMATELY IT S ALL DOWN TO THE SPONSORS DONORS AND THOSE WHO ATTEND THE "ALL EVERY YEAR 4HEIR GENEROSITY IS WHAT WE COUNT ON TO ACHIEVE THE ULTIMATE GOAL OF THE EVENT WHICH IS TO RAISE MONEY FOR THE KIDS AT THE 0O ,EUNG +UK 4HIS YEAR WE VE

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

ACHIEVED THAT GOAL IN EXCELLENT STYLE SO THANKS AGAIN TO ALL INVOLVED -OVING ON THIS COLUMN ALWAYS FEATURES A FAIR FEW HOUSEKEEPING ISSUES THAT NEED TO BE COVERED AND THIS MONTH IS NO EXCEPTION 7E VE DISCUSSED PREVIOUSLY THAT WE VE HAD A FEW LOOPHOLES IN OUR POLICY REGARDING !BSENT -EMBER STATUS AND THAT THOSE LOOPHOLES HAVE LED TO A FAIR BIT OF ABUSE OVER THE YEARS !S A RESULT WE VE REVIEWED THINGS AND DRAFTED A MORE EXPLICIT POLICY GOVERNING !BSENT -EM BERS WHO RETURN TO (ONG +ONG FOR OCCASIONAL VISITS ! CIRCULAR WILL BE DISTRIBUTED SOON IF IT S NOT OUT ALREADY AND WE LL BE FOLLOWING THAT UP WITH GREATER INTERACTION WITH OUR -EMBERS WHO ARE OVERSEAS &INALLY WHILE ) M ALSO AWARE THAT IT WILL PROB ABLY BE OVER BEFORE THIS GETS TO YOU CAN ) INDULGE MY HOME TOWN PRIDE FOR JUST A MOMENT AND SAY 4(% #/,/2!$/ 2/#+)%3 !2% ). 4(% 7/2,$ 3%2)%3 /-'74 &""1 7HEN ) LEFT $ENVER MORE THAN YEARS AGO WE DIDN T EVEN HAVE A MAJOR LEAGUE BASE BALL TEAM LET ALONE A 7/2,$ 3%2)%3 BASE BALL TEAM !ND EVEN THOUGH ) VE ALWAYS BEEN MORE OF A SENSI TIVE INTELLECTUAL TYPE RATHER THAN A HULKING SPORTSMAN MORE OF AN !NDY SAY RATHER THAN A $AVE ) CONFESS THAT ) FIND MYSELF A LITTLE BIT OVERWHELMED BY THE WHOLE THING 3O IF THE 2OCKIES WIN THE 3ERIES DON T BE SUR PRISED IT LL BE KISSES ALL AROUND TEQUILA OPTIONAL $ISJTUPQIFS 4MBVHIUFS QSFTJEFOU!GDDIL PSH


&## #HARITY "ALL

4JYUI '$$ #BMM (SPTTFT

.JMMJPO BOE $PVOUJOH

"'5&3 &91&/4&4 5)& 3&563/4 '30. 5)& $)"3*5: #"-- 0/ 4&15&.#&3 8*-- &/"#-& 5)& $-6# 50 %0/"5& .03& 5)"/ .*--*0/ 50 *.1307& 5)& -05 0' *.107&3*4)&% ,*%4 5IF QSPDFFET GSPN UIF #SB[JMJBO UIFNFE FWFOU HP UP UIF 1P -FVOH ,VL 4DIPMBSTIJQ 'VOE BOE UIF -BOHVBHF 5SBJOJOH $FOUSF B QSPKFDU UIBU HJWFT VOEFSQSJWJMFHFE DIJMESFO JO )POH ,POH B DIBODF BU B CFUUFS GVUVSF

1IPUPHSBQIZ CZ "TJBQJY

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


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

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 6

10/15/07 8:05:25 PM


&## #HARITY "ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 58

10/15/07 8:58:27 PM


&## #HARITY "ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


&## #HARITY "ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


5)& $033&410/%&/5 4&15&.#&3 0$50#&3


&## #HARITY "ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 10

10/15/07 8:13:49 PM


&## #HARITY "ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 43

10/15/07 8:45:48 PM


&## #HARITY "ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 14

10/15/07 8:17:25 PM


&## #HARITY "ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


&## #HARITY "ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


The English Language Centre (ELC) is happy and proud to support the FCC/PLK Language Training Programme. The ELC helps PolyU students bridge the gap between their experience in tertiary education and their entry into the workplace. Our varied language enhancement provision helps prepare graduates to enter the workplace with the English language skills necessary for them to operate efficiently and effectively. Our mission, however, extends beyond the campus with our commitment to supporting English language training initiatives in the wider Hong Kong community. In our links with corporate Hong Kong, our skills and expertise are there to help ensure a company’s employees are effective participants in the global workplace. To find out more about the work of the Centre, please contact Dr Viola Wong (ecvwong@polyu.edu.hk).

FCC BALL 2007 PROGRAM.indd 28 8

10/15/07 8:33:48 PM M


FCC BALL 2007 PROGRAM.indd 18

10/15/07 8:26:28 PM


&EATURE

A8F $BNF 8F 'MFX 8F $PORVFSFE #: +0/"5)"/ 4)"31

4

HIS !MERICAN 7ORLD 7AR 4WO PATRIOTIC SONG TELLS THE TALE OF A PLANE STRUGGLING HOME AFTER A BOMBING RAID "UT IT COULD EQUALLY APPLY TO THE INTREPID PILOTS WHO FLEW OVER 4HE (UMP 4HIS WAS THE NAME GIVEN BY !LLIED PILOTS DURING THE WAR TO THE EASTERN END OF THE (IMALAYAS OVER WHICH THEY FLEW FROM )NDIA TO #HINA TO RESUPPLY THE WARPLANES OF THE &LYING 4IGERS AND THE #HINESE GOV ERNMENT OF #HIANG +AI SHEK )N 3EPTEMBER THE &## WAS HON OURED WITH THE PRESENCE AT A DIN NER OF NOT ONE BUT FOUR VETERANS OF 4HE (UMP 0ETER 'OUTIERE &LETCHER (ANKS #EDRIC -AH AND -OON #HIN #OMBINED AGE 4HEY ARE AS ONE ENTHRALLED MEMBER OF THE AUDIENCE PUT IT A PIECE OF LIVING HISTORY

$PNJO JO PO B XJOH BOE B QSBZFS $PNJO JO PO B XJOH BOE B QSBZFS 5IPVHI UIFSF T POF NPUPS HPOF 8F DBO TUJMM DBSSZ PO $PNJO JO PO B XJOH BOE B QSBZFS

4O SAY THAT FLYING 4HE (UMP WAS A RISKY ENDEAVOUR IS A THUMPING UNDER STATEMENT 4HE ROUTE LED FIRST OVER THE (IMALAYAN FOOTHILLS AND FINALLY TO THE MOUNTAINS BETWEEN NORTH "URMA AND WEST #HINA WHERE VIOLENT TURBU LENCE AND TERRIBLE WEATHER WAS STAN DARD !ND THERE WAS THE ENEMY *APA NESE AIRCRAFT FLYING OUT OF 4HAILAND TO WORRY ABOUT AS WELL 4RANSPORT PLANES FLEW AROUND THE CLOCK FROM NORTHEASTERN )NDIA LAND ING ABOUT KILOMETRES AWAY AT ONE OF SIX #HINESE AIRFIELDS 3OME CREWS FLEW AS MANY AS THREE ROUND TRIPS EVERY DAY $UE TO THE ISOLATED REGION PARTS AND SUPPLIES TO KEEP THE PLANES FLYING WERE IN SHORT SUPPLY AND FLIGHT CREWS WERE OFTEN SENT INTO THE FOOTHILLS TO GATHER UP THE DEBRIS FROM PREVIOUS CRASHES FOR PARTS TO REPAIR THE REMAINING UNITS ,&&4 .&54&-""3

- 3 $FESJD .BI 1FUFS (PVUJFSF #PBSE .FNCFS +BLF WBO EFS ,BNQ .PPO $IJO 'MFUDIFS )BOLT #PBSE .FNCFS %BWJE 0 3FBS JT TFBUFE UP )BOLT T SJHIU

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


How do you maintain balance in an unstable market? ING offers you a steadying hand

Tailored for today’s volatile markets, ING Financial Planning’s Optimising Portfolio Service employs a momentum based investment approach to increase your coverage of high performing investments and minimize your exposure to underperformers. Trust ING Financial Planning’s professional advisors to help you achieve solid returns, while ensuring that your Optimising Portfolio Service is protected at all times.

Please call 2850 3499 to speak to an ING Financial Planning advisor today.

FINANCI AL P LA N N I N G WWW.INGFP.COM.HK

FCC BALL 2007 PROGRAM.indd 34

10/15/07 8:38:01 PM


&EATURE

,&&4 .&54&-""3

/NE MEASURE OF THE JAGGEDNESS OF THE TERRAIN IS THE NAME OF ONE OF THE MOUNTAINS %LEPHANT (EAD 'OUGE -OUNTAIN SO CALLED BECAUSE WHEN ELEPHANTS USE A GAME TRAIL ON ITS SIDE AT ONE PLACE THEY HAVE TO TURN SUCH A SHARP CORNER THAT THEIR TUSKS SCRAPE GROOVES INTO THE ROCK /NE LOCAL RELIC OF THIS AIR TRAFFIC IS NATIVE ALUMINIUM WARE MADE IN THE AREA FROM WARTIME CRASH DEBRIS

4HE VERY PRESENCE ITSELF OF THE FOUR FORMER PILOTS IN THE SAME ROOM SEEMED TO BE A MINOR LOGISTICAL MIRACLE #REDIT IS DUE TO THE #HINA %XPLORATION AND 2ESEARCH 3OCIETY WHICH ASSEMBLED THE VETERANS AND WHISKED THEM OFF TO +UN MING THE FOLLOWING DAY $URING THE WAR THEY ALL FLEW WITH THE #HINA .ATIONAL !IRCRAFT #ORPORA TION UNIVERSALLY NICKNAMED # NAK WHOSE PILOTS FLEW TWIN ENGINED

TRANSPORT AIRCRAFT ALONGSIDE THE MUCH MORE NUMEROUS AND HIGHER POWERED 53 MILITARY AIRCRAFT 4HE QUARTET GAVE TRULY GRIPPING ACCOUNTS OF THE HAZARDS AND REWARDS n THEY WERE WELL PAID AND DESERVED EVERY CENT n OF THEIR WAR TIME EXPERI ENCES NONE MORE SO THAN 'OUTIERE NOW !S A PATRIOTIC !MERICAN AND ALREADY EQUIPPED WITH A PILOT S LICENCE HE TRIED TO JOIN THE 53 !RMY !IR #ORPS AFTER THE *APANESE ATTACK ON 0EARL (AR BOR "UT AGED HE WAS DEEMED TOO OLD 4HE AGE LIMIT WAS b

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

&LYING OVER 4HE (UMP PRESENTED PILOTS WITH THREE ENEMIES THE HIGH MOUNTAINS *APANESE :ERO lGHTERS AND THE WEATHER

3O HE ENDED UP IN $ECEMBER WITH # NAK IN )NDIA WHICH WAS A NATURAL DESTINATION FOR HIM AS HE WAS BORN IN )NDIA AND HAD LIVED IN THE (IMALAYAN FOOTHILLS (E DESCRIBED HOW FLYING OVER 4HE (UMP PRESENTED PILOTS WITH THREE ENEMIES THE HIGH MOUNTAINS *APANESE :ERO FIGHTERS AND THE WEATHER h)N TIME ) WOULD LEARN IT WAS THE WEATHER THAT WOULD TAKE THE MOST TOLL OF AIRPLANES v 4HE CUMULONIMBUS CLOUDS LOOKED BEAUTIFUL HE SAID AND THEIR UPDRAFTS WERE USEFUL FOR GAINING ALTITUDE (OW EVER FLYING THROUGH THEM WAS LIKE RID ING A BUCKING BRONCO h/NE GUY SAID IT WILL TAKE YOU UP LIKE AN /TIS ELEVATOR AND IT SURE DID v &LYING IN AND OUT OF THE CLOUDS FELT LIKE hA PING PONG BALL IN A FOUNTAIN v 4HERE WERE CLOSE SHAVES A PLENTY h)T WAS NIP AND TUCK MANY TIMES v (E NARROWLY AVOIDED CERTAIN DEATH WHEN A WALL OF WIND NEARLY FORCED HIS AIR


FCC BALL 2007 PROGRAM.indd 2

10/15/07 7:59:13 PM


&EATURE

,&&4 .&54&-""3

5IF GPVS WFUFSBOT IBWF B DPNCJOFE BHF PG CRAFT INTO A MOUNTAIN ! FELLOW PILOT CAUGHT BY THE SAME WIND FAILED TO CLEAR THE MOUNTAIN AND WAS KILLED "UT AS 'OUTIERE SAID OF THE AIRLIFT h)T WAS SOMETHING THAT WE FELT WAS NECESSARY )T WOULD TURN OUT THAT THIS OPERATION WOULD BE THE GREATEST AIRLIFT IN AVIATION HISTORY ) WAS HAPPY TO BE A PART OF IT )F *ULIUS #AESAR HAD BEEN AROUND AT THE TIME OF OUR OPERATION HE MIGHT HAVE SAID 7E CAME WE FLEW AND WE CONQUERED v 'OUTIERE COMPLETED TRIPS OVER 4HE (UMP -ANY OTHERS DID NOT LIVE TO REAP THE REWARDS OF VICTORY 'OUTIERE DESCRIBED HOW A FLIGHT OF ODD 53 MILITARY AIRCRAFT WERE ALL SHOT DOWN IN THE SPACE OF ABOUT MINUTES BY 4HAILAND BASED *APANESE FIGHTERS 4HE LESSON h$ON T SIT UP THERE IN CLEAR WEATHER AT FEET LIKE A SIT TING DUCK v )NSTEAD FLY LOW DODGE OVER THE MOUNTAINS "UT THAT HAD ITS PERILS AS WELL AS THE WIND SWEEPING OVER THE MOUNTAINS CREATED FIERCE EDDIES AND DOWNDRAFTS h4HAT WEATHER WAS SOME THING ELSE v )N THE EARLY DAYS ONE OF THE HAZ ARDS CAME FROM THE CARGO THE AIRCRAFT CARRIED WHICH WAS NOT PROPERLY TIED DOWN AND TENDED TO BREAK LOOSE AND BECAME AN EXTREME HAZARD TO THE HEALTH OF THE THREE CREW MEMBERS

'OUTIERE RECALLS ONE OCCASION WHEN HE WAS FLYING BEHIND THREE AIRCRAFT THAT WERE CARRYING CARGOS OF TIN 4HE TRIO DECIDED TO FLY THROUGH AN ONCOMING STORM h4HEY WERE SORRY THEY EVER DID v 'OUTIERE HIMSELF DUCKED UNDER THE CLOUD AND HEDGE HOPPED HIS WAY SAFELY HOME .OT SO THE OTHER THREE 4WO EVENTUALLY TURNED UP BUT SEVERELY DAMAGED AND WITH THE CREW BADLY SHAKEN 'OUTIERE DESCRIBED WHAT HAP PENED TO ONE OF THEM v (E HIT A THUNDERSTORM WHICH TOOK HIM UP LIKE AN /TIS ELEVATOR AND POPPED HIM OUT ON THE TOP n BUT THE TIN BARS KEPT GOING 4HEN THEY CAME BACK DOWN AGAIN AND TORE THE AIRPLANE TO BITS v 4HE THIRD PLANE WAS LOST )T IS BELIEVED THAT THE TIN BARS DESTROYED ITS CONTROL CABLES "UT FLYING CARGO 'OU TIERE SAID WAS VASTLY PREFERABLE TO FLYING PAS SENGERS )F AN AIRCRAFT GOT INTO TROUBLE ONE OPTION WAS TO DUMP THE CARGO TO LIGHTEN THE LOAD !ND AS HE ADDED DRILY h9OU ARE NOT GOING TO DUMP THE PASSENGERS v !LTHOUGH REMARKABLY HE SAID THERE

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

WERE OCCASIONS WHEN PASSENGERS WERE LEFT IN THE LURCH BY CREW WHO AVAILED THEMSELVES OF PARACHUTES AND BAILED OUT )N ONE INSTANCE A # TRANSPORT CARRYING MILITARY PERSONNEL BACK FROM +UNMING WAS ABANDONED BY ITS CREW WHO PARACHUTED TO SAFETY 4HE PASSEN GERS INCLUDED THREE MEMBERS OF THE &LYING 4IGERS WHO AMAZINGLY THOUGH THEY HAD NEVER FLOWN A # RACED TO THE COCKPIT AND SOMEHOW MANAGED TO STEER THE AIRCRAFT HOME /NE CAN ONLY IMAGINE THE SUBSEQUENT EXCHANGES BETWEEN THE PANICKED CREW AND THE JILTED PASSENGERS 'OUTIERE SAID HE VOWED HE WOULD NEVER HIMSELF USE THE PARACHUTES WHICH ALL THE CREW CARRIED UNLESS HIS PLANE CAUGHT FIRE (E CAME TO THIS DECISION AFTER HE FOUND OUT THAT SOME GROUND STAFF WERE STEALING THE SILK FROM THE PARACHUTES AND REPLACING IT WITH NEWSPAPERS h)T WOULD BE A HELL OF A SITUATION TO FIND MYSELF HURTLING AT MILES AN HOUR TOWARDS THE EARTH READING THE #ALCUTTA .EWS v !T THE DINNER FELLOW # NAK VET ERAN &LETCHER (ANKS AGED HAD A MORE SOMBRE TAKE ON HIS WARTIME SER VICE OR AT LEAST ITS IMPACT ON POST WAR #HINA 5NDERSTANDABLY HE IS INTENSELY PROUD OF WHAT HE AND HIS COLLEAGUES ACHIEVED IN KEEPING THE *APANESE AT BAY AND CON TRIBUTING TO THEIR DEFEAT "UT HE WAS SADDENED AND ANGERED BY A VISIT HE AND HIS WIFE *ANE MADE TO +UNMING LONG AFTER THE WAR WAS OVER AND COM MUNISM HAD TAKEN OVER 4HEY FOUND THAT THE #HINESE SEEMED TO BE IN TOTAL DENIAL ABOUT # NAK ITS ROLE IN WINNING THE WAR AND EVEN CLAIMED TO BE IGNORANT OF *APANESE ATROCITIES h7HEN WE LEFT AT THE END OF THE WAR WE WERE HEROES BECAUSE WE HAD DEFEATED THE ENEMY AND GIVEN #HINA THE CHANCE TO HAVE A FREE SOCIETY "UT IT WASN T TO BE 7E WON THE WAR AFTER GREAT SACRIFICE BUT WE LOST THE PEACE v

h)T WOULD BE A HELL OF A SITUATION TO lND MYSELF HURTLING AT MILES AN HOUR TOWARDS THE EARTH READING THE #ALCUTTA .EWS v


Prosperity Minerals Holdings Limited ‫إ‬፟ᙐ๤ે‫ڜ‬Њࡏ˚͍ www.pmhl.co.uk

FCC BALL 2007 PROGRAM.indd 4

1801-06, 18th Fl, Tower 2, The Gateway 25 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel: (852) 3187 2618 Fax: (852) 2756 4884

10/15/07 8:01:23 PM


3PIRITS

(SFBU 4DPUDI

4

HE ART OF PRODUCING FINE WHIS KY ALMOST CERTAINLY ARRIVED IN 3COTLAND FROM )RELAND WHERE THEY CALL IT WHISKEY IN OR AROUND THE TH CENTURY !$ 4HE SECRET OF THIS WONDERFUL ALCHEMY WAS PROB ABLY CARRIED THERE BY MONKS VISITING THEIR NORTHERN BRETHREN 7HERE DID THEY LEARN TO PRODUCE IT 7E DON T KNOW BUT A GOOD GUESS IS THE METHODS WERE UNEARTHED DURING PILGRIMAGES TO 2OME OR TO THE (OLY ,AND &## MEMBERS REQUIRED ONLY A PIL GRIMAGE TO THE (UGHES 2OOM FOR AN EDUCATION IN THE SECRETS OF 3COTCH WHISKY FROM A MASTER BLENDER !NGELO 0ARATICO WAS AMONG THEM )T IS THE PURITY OF (IGHLAND WATER AND THE RICHNESS OF THE PEAT THAT MAKE 3COTCH WHISKY UNIQUE AND IRREPLACE ABLE 4HE NAME WHISKY DERIVES FROM UISGE BEATHA 'AELIC FOR AQUA VITAE THE WATER OF LIFE SO CALLED BECAUSE IT WAS AND STILL IS ABLE TO REVIVE THE SINKING SPIRITS OF THE SICK AND TIRED 4HERE WAS LITTLE EVIDENCE OF SINKING SPIRITS IN THE (UGHES 2OOM ALTHOUGH WE CANNOT SPEAK FOR THOSE ATTEND ING FORMER 3ECURITY 3ECRETARY 2EGINA )P S SPEECH THAT VERY SAME NIGHT /UR SPEAKER )AIN -C#ALLUM IS A YOUNG FEL LOW WITH A MISSION IN LIFE (E IS A MAS TER WHISKY BLENDER FOR THE "OWMORE DISTILLERY AND WE WERE THERE READY TO TAP HIS DEEP KNOWLEDGE OF HIS MYSTI CAL ART BY SAMPLING IT OF COURSE /UR MASTER BREWER OFFERED TO ALL OF US A GENEROUS FILL OF HIS WHISKIES 4HE STARTING POINT WAS A YEAR OLD A LIQUID GOLD WITH A LIGHT SMOKY NOSE AND A HINT OF SALTY WATER 7E THEN MOVED ON "OWMORE S MULTIPLE PRIZE WINNING YEAR OLD DARKER IN COLOUR WITH THE SMOKY AROMA THAT GIVES WAY TO FRUIT AND FLOWERS 4HE TASTE WAS MILD WITH SUBTLE HINTS OF LEMON AND HONEY 4HE MOST NOTICEABLE SIDE EFFECT OF THE TASTING WAS THE INCREASE IN NOISE LEVELS INSIDE THE ROOM IT WENT FROM LIGHT WHISPERING TO GREAT SHOUTING AND LAUGHING 4HIS IS THE BEST PROOF

"CPWF #FGPSF BVUPNBUJPO $VUUJOH UIF QFBU NPTT 3JHIU .PEFSO EBZ GFSNFOUBUJPO JO 0SFHPO 1JOF XBTICBDLT

THAT GOOD WHISKY TAKEN WITH MODERATION IS GOOD FOR SOCIALISING HUMAN BEINGS )T IS DEFI NITELY NOT FOR HERMITS 4HE "OWMORE DISTILLERY PRODUC ES SOME OF 3COTLAND S FINEST SINGLE MALTS &EW EXPERTS WOULD DISPUTE THIS CLAIM /VER PAST DECADES THE DISTILL ERY HAS MAINTAINED A HIGH AND CON STANT DEGREE OF QUALITY AND IT IS STILL ONE OF THE FEW LEFT IN 3COTLAND WHICH RETAINS FULL CONTROL OVER ALL STEPS OF PRODUCTION FROM THE MALTING OF ITS OWN BARLEY TO THE FINAL BOTTLING )T IS THE OLDEST DISTILLERY ON THE )SLAND OF )SLAY PRONOUNCED %YE ,A AND WAS ESTABLISHED IN )N IT BECAME THE PROPERTY OF -ORRISON "OWMORE $ISTILLERS HOLDERS ALSO OF 'LEN 'ARIOCH AND !UCHENTOSHAN 4HEN IN IT WAS SOLD TO 3UNTORY OF *APAN !PPAR ENTLY A GOOD YEAR FOR HANDOVERS

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

)F YOU ARE PLANNING A VISIT TO 3COT LAND "OWMORE IS WELL WORTH A VISIT 4HERE IS AN OLD CHURCH ROUND IN SHAPE

AND THE LOCALS ARE QUICK TO EXPLAIN THAT IT WAS BUILT LIKE THAT SO THAT THE DEVIL WILL HAVE NOWHERE TO HIDE 4HE SEA IS RED AT SUNSET AND LEGEND SPEAKS OF THE BLOOD OF THE SLAIN DOGS OF THE GIANT %NNIS !NGUS WHO ACCIDENTALLY WHILE CROSSING ,OCH )NDAAL AWOKE A DRAGON FROM HIS SLEEP 4HE DISTILLERY IS LOCATED IN SPECTAC ULAR GRANDEUR RIGHT ON THE OCEAN SHORE 4HE WAREHOUSE IS BELOW SEA LEVEL AND INSIDE WHISKY AGES INSIDE BOURBON AND SHERRY CASKS 4HE GREAT FOAMY WAVES OF THE !TLANTIC NEXT STOP "OSTON -AS SACHUSETTS BREAKING AGAINST THE STONY WALLS IMPART A UNIQUE EXTRA FLAVOUR TO THIS WHISKY


Congratulations to The Foreign Correspondents’ Club Hong Kong Charity Ball 2007 with the compliments of

FCC BALL 2007 PROGRAM.indd 9

10/15/07 8:13:04 PM


3PIRITS

"HBWF รถFMET JO (VBEBMBKBSB .FYJDP

"#065 5&26*-"

%SJOL 1SPCMFN .JDIBFM .BDLJF EPDVNFOUT UIF DIBMMFOHFT GBDJOH UIF UFRVJMB JOEVTUSZ

&

IELD AFTER FIELD OF SPIKY AZURE AGAVE GIVE OFF A GORGEOUS SLATE BLUE SHEEN 4HIS IS *ALISCO THE AREA AROUND 'UADALAJARA AND HOME TO -EXICO S TEQUILA INDUSTRY $EMAND FOR TEQUILA IS ON THE RISE !MERICANS ARE APPARENTLY ON A HARD DRINK ROLL WITH SPIRITS SALES RISING PERCENT LAST YEAR THE NINTH YEAR OF INCREASE ACCORDING TO THE !DAMS ,IQUOR (ANDBOOK -UCH OF THIS IS SEEMINGLY THE RESULT OF CONSUMPTION OF TWO VERY DIFFERENT DRINKS /N THE ONE HAND )RISH WHISKEY SAW AN INCREASE OF PERCENT TO CASES WHILE TEQUILA CONSUMPTION ROSE PERCENT TO TEN MILLION CASES LARGELY IN PART DUE TO THE INCREASING POPULARITY OF COCKTAILS IN THE 53 MARKET INCLUDING THE UBIQ UITOUS -ARGARITA /NE REPORT SUGGESTS THAT THE -ARGARITA NOW ACCOUNTS FOR PERCENT OF ALL MIXED DRINKS SOLD IN THE 53 AND PERCENT OF ALL TEQUILA SALES "UT BEHIND THIS GLORIOUS OUTLOOK LURK SOME REAL PROBLEMS ON THE HOME FRONT 4HAT S BECAUSE AGAVE PRICES HAVE HIT A RECORD LOW PROMPTING FARM ERS TO RIP UP THEIR CROP !GAVE WHICH HAS A SEVEN YEAR MATURATION CYCLE HAS LONG BEEN VULNERABLE TO A BOOM

BUST CYCLE &ARMERS LAST REDUCED THEIR AGAVE PLANTINGS IN THE EARLY S IN RESPONSE TO A GENERAL ECONOMIC SLOW DOWN 4HE SHORTAGE SENT AGAVE PRICES SOARING TO AS MUCH AS PLUS CENTS A POUND IN FROM AROUND FIVE CENTS A POUND A FEW YEARS EARLIER &ARMERS RUSHED BACK IN PLANTING ABOUT MILLION AGAVE PLANTS IN RISING TO MORE THAN MILLION PLANTS IN 4HE CURRENT PRICE SLUMP IS A FACTOR OF THE RESULTING GLUT "UT THIS TIME AROUND THERE IS AN ADDITIONAL WEEVIL IN THE PLOT AN INSA TIABLE DEMAND FOR GRAINS AND CERE ALS PARTICULARLY CORN MAIZE TO PRO CESS INTO THE BIO FUEL ETHANOL #ORN IS A LUCRATIVE ALTERNATIVE AND AGAVE PLANTINGS FELL TO MILLION PLANTS LAST YEAR A NUMBER EXPECTED TO DROP FURTHER THIS YEAR 4HE EFFECT ON TEQUILA PRODUCTION WON T BE APPARENT IMMEDIATELY )T WILL TAKE SIX OR SEVEN YEARS FOR THE SHORTFALL TO SHOW UP IN THE PRODUC TION SYSTEM -EANWHILE PLANTINGS ARE ONLY ABOUT HALF OF THE VOLUME LIKELY TO BE NEEDED BY THE DISTILLERS IN )T MAY BE WORTH LAY ING DOWN SUPPLIES OF YOUR FAVOURITE TIPPLE NOW

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

"MDPIPM GSPN UIF BHBWF QMBOU JT DBMMFE NFTDBM CVU UFRVJMB NVTU CF QFSDFOU CMVF BHBWF XJUI UIF SFTU QSPEVDFE FJUIFS GSPN NBJ[F PS TVHBSDBOF 5FDIOJDBMMZ UIJT JT LOPXO BT NJYUP BMUIPVHI UIF CPUUMF XJMM VTVBMMZ KVTU TBZ UFRVJMB 0OF PG UIF TUSFOHUIT PG UIF ESJOL IBT CFFO JUT BCJMJUZ UP CVJME B CSBOE BOE BMTP UP EFWFMPQ JU CZ BEEJOH QSFNJVN UFRVJMBT NBEF QFS DFOU GSPN CMVF BHBWF " $ /JFMTFO SFDFOUMZ OPUFE UIBU UIFSF XFSF QSFNJVN UFRVJMB CSBOET JO UIF 64 JO BHBJOTU POMZ JO #MBODP 6OBHFE BOE DSZTUBM DMFBS 4PNFUJNFT DBMMFE TJMWFS UFRVJMB UIJT JT VTVBMMZ CSJHIU BOE TIBSQ BOE JT CFTU GPS NBLJOH GSFTI .BSHBSJUBT 3FQPTBEP )BT CFFO BHFE GPS VQ UP POF ZFBS JO PBL CBSSFMT IBT B NFMMPXFS GMBWPVS BOE JODSFBTFE CPEZ /PU SFDPNNFOEFE GPS DPDLUBJMT "OFKP "HFE GPS CFUXFFO POF BOE UISFF ZFBST IBT B EBSL BNCFS DPMPVS BOE DPNQMFY GMBWPVS #FTU TFSWFE TUSBJHIU MJLF B HPPE XIJTLZ 5IFSF BSF BMTP B GFX iFYUSB BOFKPw UFRVJMBT PO UIF NBSLFU XIFSF UIF ESJOL JT BHFE NPSF UIBO UISFF ZFBST CVU UIFTF BSF OPU DPNNPO


FCC BALL 2007 PROGRAM.indd 56

10/15/07 8:55:31 PM


&EATURE

5IF -POHFTU

1SPUFTUFS 5IJT JT IFS UI ZFBS MJWJOH SPVHI JO UIF WFSZ IFBSU PG 8BTIJOHUPO :FU TIF IBT OFWFS NFU IFS POMZ OFJHICPVST (FPSHF 8 #VTI #JMM $MJOUPO (FPSHF #VTI 4S 3POBME 3FBHBO BOE +JNNZ $BSUFS 8PSET BOE QIPUPT CZ 4UFWFO ,OJQQ

$POOJF JO XJOUFS CVOEMFE VQ BHBJOTU UIF DIJMM

&

OR OVER QUARTER OF A CENTURY NOW #ONCEPCION 0ICCIOTTO HAS LIVED INSIDE A FRAGILE WOOD AND PLASTIC BOX IN 7ASHINGTON S LEAFY ,AFAYETTE 0ARK JUST A STONE S THROW FROM THE /VAL /FFICE $AY AND NIGHT THROUGH FROZEN WINTERS AND WILTING 7ASHINGTON SUM

MERS YEAR AFTER YEAR SHE HAS STOOD AT HER POST ONLY METRES FROM THE 7HITE (OUSE PASSIONATELY PROTESTING THE WORLD S GROWING ARSENAL OF NUCLEAR WEAPONS #ONCEPCION n #ONNIE TO HER FRIENDS n WEARS A MATTED WIG (ER SKIN HAS BEEN BRONZED BY THE SUN 3HE IS MISS

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 51

10/15/07 8:50:37 PM


&EATURE

)S SHE ECCENTRIC !BSOLUTELY )S SHE MENTALLY ILL 3EEMINGLY NOT 3HE SPEAKS WARMLY AND WITH EXQUISITE POLITENESS TO ALL WHO APPROACH

ING SEVERAL TEETH AND HAS HAMMER TOES 3HE MAY WELL BE UNCONVENTION AL BUT SHE IS NO NUT CASE 3HE WILL AVIDLY AND EAGERLY DEBATE LOCALS AND VISITORS ALIKE SINGLE MINDEDLY MAR SHALLING HARD FACTS AND FRIGHTENING FIGURES ABOUT THE INSANITY OF NUCLEAR WEAPONS )N AN AGE WHEN IT SEEMS FEW PEOPLE ARE EVEN WILLING TO GIVE UP THEIR LUNCH HOUR FOR ISSUES WHICH THEY CLAIM TO BE PASSIONATE ABOUT #ONNIE 0ICCIOTTO HAS ALREADY GIVEN UP ALMOST HALF A LIFE 7HAT DRIVES HER 7HAT DOES SHE HOPE TO ACCOMPLISH )S SHE THOROUGHLY MAD OR TODAY S VERSION OF (ENRY $AVID 4HOREAU WITH A SEVEN ACRE 7ASHINGTON PARK AS HER OWN PRIVATE 7ALDEN S 0OND #ONNIE S EARLY LIFE WAS MARKED BY MISFORTUNE "ORN IN 3PAIN SHE LOST BOTH PARENTS WHEN YOUNG AND SO WAS RAISED BY HER GRANDMOTHER WHO HAD EMIGRATED FROM #UBA TO 3PAIN 7HEN THE OLD WOMAN DIED #ONNIE WANTED TO MAKE A CLEAN BREAK AND SO FULFILLED A DREAM BY EMIGRATING TO THE 5NITED 3TATES !RRIVING IN !MERICA AT AGE HER LUCK SEEMED TO BE IMPROVING 4HE 3PANISH #ONSUL IN .EW 9ORK HIRED HER AS A SECRETARY AND WITHIN THREE YEARS SHE MET AND THEN MARRIED A BUSINESSMAN )N SHE GAVE BIRTH TO A DAUGHTER !LL SEEMED TO BE WELL WITH THE WORLD "UT WITHIN TWO YEARS

OF BECOMING A MOTHER HER MARRIAGE BEGAN TO UNRAVEL !ND SO IN QUICK SUCESSION #ONCEPCION LOST HER HUS BAND HER DAUGHTER HER JOB AND HER HOME &OR NEARLY A DECADE SHE WORKED TO REGAIN CUSTODY OF /LGA BUT IT WAS ALL FOR NAUGHT 4HE FIGHT FOR HER DAUGHTER TOOK HER FROM .EW 9ORK TO -ADRID AND FINALLY TO 7ASHINGTON WHERE SHE HOPED TO GET HELP FROM HER CONGRESS MAN "UT AGAIN HER EFFORTS CAME TO NOTHING 4HEN IN A DEFINING MOMENT WHICH WOULD SET THE COURSE FOR THE REST OF HER LIFE #ONNIE DECIDED TO TAKE HER CAUSE TO THE ATTENTION OF THE #ARTER !DMINISTRATION "RINGING HAND PAINTED SIGNS SHE SET UP A ONE WOMAN PROTEST MOVEMENT ON THE SIDEWALK IN FRONT OF THE 7HITE (OUSE 'RADUALLY WHEN IT BECAME CLEAR THAT NO HELP WOULD BE COMING FROM THE PRESIDENT #ONNIE RE FOCUSED HER EFFORTS TO PROTEST THE PRODUCTION AND STOCKPILING OF NUCLEAR WEAPONS &INALLY IN !UGUST OF EARLY IN 2ONALD 2EA GAN S FIRST TERM IN OFFICE #ONCEPCION 0ICCIOTTO MOVED HER MEAGRE BELONG INGS TO 7ASHINGTON S ,AFAYETTE 0ARK DIRECTLY IN FRONT OF THE 7HITE (OUSE 3INCE THAT LONG AGO SUMMER SHE HAS REMAINED AT HER POST BRAVING THE WIND AND THE RAIN THE SEARING SUN AND EVEN BRUTAL WINTER BLIZZARDS IN A ROUND THE CLOCK VIGIL TO ALERT PEOPLE

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 46

10/15/07 8:46:59 PM


&EATURE

@) HAVE BEEN SPAT AT BY RIGHT WINGERS BEEN ARRESTED BY POLICE HAVE SEEN MY SIGNS DESTROYED AND VANDALISED "UT ) WILL CONTINUE TO BE HERE UNTIL 'OD DECIDES IT IS TIME TO STOP

TO THE HORRORS OF NUCLEAR WAR )S SHE ECCENTRIC !BSOLUTELY )S SHE MENTALLY ILL 3EEMINGLY NOT 3HE SPEAKS WARMLY AND WITH EXQUISITE POLITENESS TO ALL WHO APPROACH !SIDE FROM SPEAKING HER NATIVE 3PANISH AND %NGLISH FLUENTLY SHE CAN GREET PASSING TOURISTS FROM #HINA *APAN 2USSIA &RANCE AND 'ERMANY IN THEIR NATIVE TONGUES !ND SHE HANDS OUT LEAFLETS IN THEIR LANGUAGES EXPLAINING WHY HAVING NUCLEAR ARMS IS ITS OWN FORM OF INSANITY 7HEN DISCUSSING POLITICS SHE IS COOL HEADED AND ARMED WITH HARD FACTS AND SOLID ARGUMENTS h) BELIEVE IN THE IDEALS OF THIS COUNTRY v SHE SAYS h"UT ) THINK THAT FAR TOO OFTEN WE DON T LIVE UP TO THOSE IDEALS h7E ARE THE RICHEST MOST POWERFUL COUNTRY IN THE WORLD "UT WHY HAVE WE BECOME ONE OF THE MOST FEARED !ND WITH ALL OF OUR GREAT WEALTH WHY ARE THERE STILL SO MANY POOR FAMILIES IN !MERICA %VEN RIGHT HERE IN 7ASH INGTON v !SIDE FROM THE ELEMENTS #ONNIE MUST DEAL WITH HARASSMENT FROM THE .ATIONAL 0ARK POLICE #AMPING HERE IS ILLEGAL SO THROUGH THE NIGHT SHE CAN NEVER LIE DOWN 3HE MUST SIT UPRIGHT IN A STIFF FOLDING CHAIR HER HEAD PROPPED AGAINST ONE OF HER PROTEST SIGNS )F THE POLICE CATCH HER EYES CLOSED THEY WILL ARREST HER 4HIS HAS HAPPENED SEVERAL DOZEN TIMES OVER THE YEARS !S A RESULT SHE RARELY GETS MORE THAN A FEW HOURS OF SLEEP EACH NIGHT h)T IS TERRIBLE DUR

ING WINTER v SHE SAYS h) HAVE TO PACE UP AND DOWN THE SIDEWALK IN ORDER NOT TO FREEZE TO DEATH v !SIDE FROM AN OCCASIONAL PASS ING POLICEMEN #ONNIE APPEARS TO BE GUARDED BY THE TOWERING STATUES OF FOUR OTHER PASSIONATE IMMIGRANTS TO !MERICA ALL 2EVOLUTIONARY 7AR HEROES &RANCE S GENERALS ,AFAYETTE AND DE 2OCHAMBEAU 0OLAND S 'ENERAL 4HADDEUS +OSCIUSZKO AND 0RUSSIA S 'ENERAL "ARON &RIEDRICH 7ILHELM VON 3TEUBEN /FTEN TIMES #ONNIE WILL SHARE HER POST WITH A MAN WHO CALLS HIMSELF 4HOMAS h5NLESS HUMANITY ELIMINATES NUCLEAR WEAPONS v HE SAYS hNUCLEAR WEAPONS WILL ELIMINATE HUMANITY v h7E SACRIFICE OUR LIVES v #ONNIE SAYS h7E WANT TO OPEN THE MINDS OF THE PEO PLE TO THE DESTRUCTION OF THE PLANET v #ONNIE RECEIVES NO GOVERNMENT WELFARE THOUGH SHE GRATEFULLY ACCEPTS THE FEW DOLLARS WHICH PASSING TOURISTS WILL SOMETIMES PRESS ON HER 3HE USES THIS TO BUY ICE IN SUMMER TEA OR COFFEE IN WINTER &OR FOOD A NEARBY SANDWICH SHOP OFFERS HER ANY SANDWICHES THAT THEY HAVE NOT SOLD 3HE WILL ONLY LEAVE HER SITE WHEN SHE NEEDS TO BATHE OR USE THE BATHROOM AT A NEIGHBOURHOOD SHELTER FOR THE HOMELESS h) HAVE BEEN SPAT AT BY RIGHT WING ERS h SHE SAYS hBEEN ARRESTED BY POLICE HAVE SEEN MY SIGNS DESTROYED AND VANDALISED "UT ) WILL CONTINUE TO BE HERE UNTIL 'OD DECIDES IT IS TIME TO STOP v

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 50

10/15/07 8:50:03 PM


-EDIA

0O 4FQUFNCFS UIF MFUUFS CFMPX XBT TFOU UP UIF GPMMPXJOH .S -V 9JOIVB $PNNJTTJPOFS 0GGJDF PG UIF $PNNJTTJPOFS PG UIF .JOJTUSZ PG 'PSFJHO "GGBJST PG UIF 1FPQMF T 3FQVCMJD PG $IJOB JO UIF )POH ,POH 4QFDJBM "ENJOJTUSBUJWF 3FHJPO .S -JBP )VJ )POH ,POH BOE .BDBP "GGBJST 0GGJDF PG UIF 4UBUF $PVODJM

.S -V T SFQMZ

5IF )POPSBCMF %POBME 5TBOH (#. 0GGJDF PG UIF $IJFG &YFDVUJWF )POH ,POH 4QFDJBM "ENJOJTUSBUJWF 3FHJPO 1FPQMF T 3FQVCMJD PG $IJOB

4

HE &OREIGN #ORRESPONDENTS #LUB (ONG +ONG NOTES THE RELEASE FROM PRISON OF :HAO 9AN A RESEARCHER FOR THE .EW 9ORK 4IMES WHO HAS SERVED A FULL THREE YEAR PRISON TERM ON CHARGES THAT ARE WIDELY CONSIDERED TO HAVE BEEN FABRICATED 4HE &## MAINTAINS TODAY AS IT HAS FROM THE START OF THIS SAD AFFAIR THAT :HAO 9AN S ONLY hCRIMEv IS TO BE HAVE BEEN A JOURNALIST PRACTICING HIS PROFESSION 7HILE WE WELCOME THE FACT THAT :HAO 9AN IS NOW AMONG FAMILY AND FRIENDS THIS HAS BEEN AN UNJUST AND UNWARRANTED SEPARATION THAT NEVER SHOULD HAVE HAPPENED #ONDITIONS FOR JOURNALISTS IN #HINA ARE FAR FROM GOOD AND IN SOME WAYS APPEAR EVEN TO BE WORSENING AS THE "EIJING /LYMPICS DRAW CLOSER -ANY JOURNALISTS REMAIN IMPRISONED ON THE MAINLAND INDEED #HINA JAILS MORE JOURNALISTS THAN ANY OTHER NATION 4HE RELAXATION OF RESTRIC TIONS ON THE MOVEMENT OF OVERSEAS JOURNALISTS PROMISED IN THE RUN UP TO THE /LYMPIC 'AMES HAS FALLEN FAR SHORT OF WHAT WAS PROMISED -AIN LAND CITIZENS WHO ARE IN THE EMPLOY OF OVERSEAS NEWS ORGANIZATIONS ARE AS VULNERABLE AS EVER IF NOT MORE SO AND :HAO 9AN S RELEASE ONLY SERVES TO REMIND THEM OF THE FRAGILITY OF THEIR POSITION 7E WISH TO REMIND YOU THAT OUR COLLEAGUE #HING #HEONG IS AMONG THOSE JAILED ON THE MAINLAND (E TOO HAS BEEN IMPRISONED ON DUBI OUS CHARGES THAT ARE SEEN AS INCREDIBLE EVEN BY SOME OF THE #HINESE GOVERNMENT S CLOSEST FRIENDS 7E URGE THAT HE BE RELEASED IMMEDIATE LY 4HERE CAN BE NO HAPPY AND HARMONIOUS /LYMPICS FOR #HINA SO LONG AS #HING #HEONG AND OUR OTHER COLLEAGUES REMAIN BEHIND BARS

4JODFSFMZ $ISJTUPQIFS 4MBVHIUFS 1SFTJEFOU 'SBODJT .PSJBSUZ $IBJSNBO 1SFTT 'SFFEPN $PNNJUUFF

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 20

10/15/07 8:28:58 PM


-EDIA

'$$ T SFTQPOTF

$ && ! & % % ! " $%! *" $ ! % $( & ! & % !$ & ( ' "$!( % & % $ "& ! % %& % ! & % % ) % ! & & & % !$ ' % $ $! & !$ !$$ %"! &% ' ! ! &! ' +% & $( ' $ % &! & ' "!$ ' %% % ! $% +!' "$ & ' #' % & & $ & ( % &! & ' #' &!'% % ! !$ $ & , " '% " " " $ !"+ ( % &

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


FCC BALL 2007 PROGRAM.indd 30

10/15/07 8:35:44 PM


"OOKS

,&&4 .&54&-""3

-PSFODF +PIOTUPO IBT DSFBUFE B DMVC MJLF BUNPTQIFSF JO UIF IFBSU PG 4IFVOH 8BO

#JH #VDLT JO #PPLT , )POH ,POH T MBTU DPMPOJBM HPWFSOPS $ISJT 1BUUFO TBJE UIBU POF UIJOH UIJT DJUZ MBDLFE XBT B EFDFOU CPPL TIPQ /PX &OHMJTI CJCMJPQIJMF -PSFODF +PIOTUPO JT IFMQJOH UP SFNFEZ UIBU TJUVBUJPO BMCFJU JO B EJTUJODUMZ TQFDJBMJTFE OJDIF PG UIF NBSLFU +POBUIBO 4IBSQ SFQPSUT

ORENCE *OHNSTON SAYS HIS LOVE OF BOOKS BEGAN IN EARLY CHILDHOOD AND THE ATTACHMENT WAS NUR TURED BY HIS GRANDMOTHER AN ENTHUSI ASTIC BOOK COLLECTOR WHO ALLOWED HIM TO BORROW HER BOOKS TWO AT A TIME AT MOST ON THE STRICT CONDITION THAT HE RETURNED THEM AND IN THE SAME PRIME CONDITION IN WHICH THEY LEFT HER SHELVES &AST FORWARD TO A YEAR OR MORE AGO ,ORENCE NOW PURSUING A SUCCESSFUL BUSINESS CAREER WAS SHARING A SINGLE MALT WHISKY OR TWO WITH A BUSINESS COLLEAGUE 0HILIP 6AN 2EMOORTERE IN THE LATTER S FURNITURE SHOWROOM ON (OLLYWOOD 2OAD /VER DRINKS THE IDEA AROSE THAT

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

THE LOVELY LEATHER BOUND ARMCHAIRS MANUFACTURED AND SOLD BY 0HILIP WOULD BE IDEALLY COMPLEMENTED BY SHELVES FILLED BY ,ORENCE WITH LOVELY LEATHER BOUND BOOKS PLUS EXPENSIVE FIRST EDITIONS BY FAMOUS AUTHORS h4HE MORE ) TALKED ABOUT IT THE MORE IT MADE SENSE (ONG +ONG DOESN T HAVE ANYTHING LIKE THIS v SAYS ,ORENCE !ND UNLIKE SO MANY FABULOUS SEEMING SCHEMES THAT ARE BORN IN THE BOTTLE AND EVAPORATE GENTLY n AND OFTEN THANKFULLY n OVERNIGHT THIS ONE SURVIVED THE FOLLOWING DAY S HANGOVER h)T STILL FELT ABSOLUTELY RIGHT v 4HE RESULT IS ,OK -AN 2ARE "OOKS A CHARMING ESTABLISHMENT EXUDING A CLUB LIKE ATMOSPHERE AT THE 3HEUNG


FCC BALL 2007 PROGRAM.indd 48

10/15/07 8:48:27 PM


2ARE "OOKS

7AN END OF (OLLYWOOD 2OAD PRINCI PALLY SELLING ,ORENCE S BOOKS BUT WITH 0HILIP S B&ELIX BRAND FURNITURE TO RELAX ON AND FOR SALE TOO h4HE WHOLE APPROACH TO RETAIL IS CHANGING IN (ONG +ONG 0EOPLE ARE MOVING AWAY FROM JUST THE SUPERMAR KETS THE STORES AND THE BRAND NAMES TOWARDS SOMETHING WITH A LITTLE MORE DEPTH v SAYS ,ORENCE $URING HIS CAREER ,ORENCE HAS BEEN INVOLVED IN OR SET UP MANY BUSINESS ES "UT THE RARE BOOK TRADE WAS ONE HE KNEW VERY LITTLE ABOUT h) THREW MYSELF INTO THIS DID A LOT OF RESEARCH SPOKE TO AS MANY PEOPLE AS ) COULD TRAVELLED ABOUT VISITED BOOK DEALERS IN ,ONDON !T THE SAME TIME ) HAD TO DECIDE WHAT KIND OF BOOKS ) WAS GOING TO SELL )T S A PRETTY VAST AREA v (E DECIDED TO START BY SELLING BOOKS THAT HE HAD READ AND BY AUTHORS HE LOVED n A POLICY THAT HE RECOMMENDS TO ANYONE INTERESTED IN BOOKS EITHER AS A COLLECTOR OR AN INVESTOR h) M NOT THE WORLD S BEST SALESMAN BUT ) CAN TALK ABOUT SOMETHING THAT ) KNOW ABOUT THAT ) HAVE A PASSION FOR 4HEN IT SHOULD REALLY SELL ITSELF v "Y RELYING ON WORD OF MOUTH WITH NO MONEY SPENT ON ADVERTIS ING THE BUSINESS HAS HAD A SLOW TAKEOFF "UT ,ORENCE SEES THIS AS AN ADVANTAGE HE HAS BEEN ABLE TO GET AWAY WITH MAKING MINOR MIS STEPS INEVITABLE WHEN FEELING ONE S WAY DURING A NEW VENTURE WITHOUT SUF FERING DRASTIC STUMBLES THAT COULD SPELL DISASTER (APPILY SINCE OPENING JUST OVER A YEAR AGO ,OK -AN HAS MADE SIG NIFICANT STRIDES h4HE LAST COUPLE OF MONTHS HAVE BEEN VERY GOOD 7E ARE REACHING THE STAGE WHERE YOU CAN CALL IT A FULLY FLEDGED BUSINESS v (IS SHOP S SHELVES NOW HAVE ABOUT VOLUMES n A FRACTION OF WHAT ONE FINDS IN REGULAR BOOK SHOPS BUT HOLDING VASTLY MORE IN VALUE !S WELL AS SELLING THE BOOKS HE HAS IN STOCK ,ORENCE IS MORE THAN READY TO ASSIST IN BUILDING COLLECTIONS FOR CUSTOMERS (E IS NOW IN THE PROCESS OF SOURCING BOOKS FOR A CUSTOMER WHO

IS INTERESTED IN ASSEMBLING A COLLEC TION OF BOOKS ABOUT THE -IDDLE %AST INCLUDING EARLY DESERT TRAVELLERS AND PIONEERS SUCH AS 4 % ,AWRENCE ,ORENCE S ENCOURAGING ADVICE TO WOULD BE INVESTORS APART FROM URG ING THEM TO FOCUS ON BOOKS AND

@4HE WHOLE APPROACH TO RETAIL IS CHANGING IN (ONG +ONG 0EOPLE ARE MOVING AWAY FROM JUST THE SUPERMARKETS THE STORES AND THE BRAND NAMES TOWARDS SOMETHING WITH A LITTLE MORE DEPTH AUTHORS THEY LOVE IS THAT IN GENERAL RARE BOOKS HAVE STEADILY APPRECIATED OVER THE YEARS h#ERTAIN BOOKS HAVE DONE VERY WELL BECAUSE THEY HAVE BECOME HIGHLIGHTS OF MODERN LITERA TURE 4HERE S BEEN A RENEWED INTEREST IN THEM v *UST ONE EXAMPLE IS *AMES *OYCE S 5LYSSES !NOTHER LESS OBVIOUS EXAMPLE IS 2OALD $AHL S #HARLIE AND THE #HOCOLATE &ACTORY ! STOCK ANALYST HAS PUT THE GROWTH IN VALUE OF A 53 FIRST EDI TION OF THIS CHILDREN S CLASSIC AGAINST MAINSTREAM INVESTMENTS INCLUDING COMMODITIES STOCKS AND BONDS n AND THE BOOK HAS BEATEN THEM ALL HANDS DOWN 4HE REASONS BEHIND THE SKY ROCK

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

ETING VALUE FOR THE #HARLIE BOOK &IRSTLY THE INITIAL PRINT RUN IN THE S WAS FAIRLY SMALL BUT THE BOOK ALSO HAS FABULOUS ILLUSTRATIONS AND IT S A WORK THAT MANY PEOPLE REMEM BER FONDLY AS ONE THEY GREW UP WITH h)T MADE A BIG IMPRESSION ON THEM v 3O BIG IN FACT THAT THE BOOK NOW CHANGES HANDS FOR BETWEEN 53 AND /THER BASIC GUIDELINES FOR INVES TORS GO FOR BOOKS THAT ARE IN THE BEST POSSIBLE CONDITION AND FOR MODERN LIT ERATURE THOSE VOLUMES WITH DUST COV ERS IN PRIME CONDITION !S AN EXAMPLE OF THE VALUE OF A GOOD DUST JACKET ,ORENCE HAS FOR SALE A FIRST EDITION OF * $ 3ALINGER S 4HE #ATCHER IN THE 2YE FOR WHICH HE IS ASKING (+ *UST THE BOOK ITSELF WITHOUT ITS DUST COVER WOULD SELL FOR PERHAPS (+ MAYBE LESS 4HERE ARE MANY OTHER WRINKLES TO THE RARE BOOK BUSINESS THAT ,ORENCE IS HAPPY TO SHARE WITH ANYONE INTER ESTED IN BOOKS n THAT IS WHEN HE IS NOT TAKING PART IN MARATHON CHARITY WALKS (E IS A REGULAR ON THE ANNUAL /XFAM 4RAILWALKER IN (ONG +ONG AND IN -AY THIS YEAR TOOK PART IN THE FIRST 4RAILWALKER *APAN n A KILOMETRE HIKE AROUND -OUNT &UJI ,ORENCE IS ALSO READY TO ADVISE THOSE OF US WHO MAYBE WISHFULLY THINK THAT THERE MAY BE HIDDEN GEMS AMONG TOMES THAT HAVE LONG LANGUISHED ON OUR SHELVES GATHERING DUST IN (ONG +ONG S BOOK HOSTILE CLIMATE &OR EXAMPLE IT S DEFINITELY WORTH DOUBLE CHECKING TO SEE IF YOU HAVE A COPY OF !DAM 3MITH S 4HE 7EALTH OF .ATIONS WHICH IS MUCH PRIZED BY BANKERS BROKERS AND FINANCIAL ANALYSTS AS PROOF OF THEIR SUCCESS ! NICELY BOUND FIRST EDITION OF THIS ECO NOMICS CLASSIC CAN FETCH MORE THAN 53 !NOTHER TIP DON T THROW AWAY ANY DUST JACKETS

-PL .BO 3BSF #PPLT " )PMMZXPPE 3PBE 4IFVOH 8BO )POH ,POH XXX MPLNBOCPPLT DPN 5FM


FCC BALL 2007 PROGRAM.indd 42

10/15/07 8:45:09 PM


.EW "OOKS

4FDVSJOH UIF "OBMZTUT !

S CREDIT MARKETS GO INTO A TERMINAL KNEE SHAKE AROUND THE WORLD THE ROLE OF FINANCIAL ANALYSTS IS BEING INTENSELY SCRUTINISED WRITES *AMES 2OSE 2ATINGS AGENCIES FOR INSTANCE WHICH ARE PAID BY FUND MANAGERS AND OTHER INSTITU TIONS SEEKING INVESTMENT REGU LARLY GAVE UP BEAT ASSESSMENTS OF THEIR SHAKY SUB PRIME MORTGAGE PROVIDING CLIENTS )T IS THESE CREDI TORS WHICH HAVE BEEN THE MAJOR TIPPING POINT FOR THE ON GOING CREDIT CRUNCH )NVESTMENT RESEARCH AND ANALYSIS OF THIS SORT IS GENERALLY BEHOLDEN TO VARIOUS REGULATIONS AND STANDARDS )T SHOULD BE 4HE VAST MAJORITY OF INVESTORS UTILISE THE MANY ANALYSIS AND INVEST MENT REPORTS OFTEN PAYING TOP DOLLAR FOR THE PRIVILEGE 'ENERALLY THE PRODUCT IS VALUABLE "UT AS WE ARE SEEING IN THE 53 AND BEYOND THERE ARE GLITCHES #LEARLY WHILE THE LAW MAY BE SERVED THE WIDER NOTIONS OF ETHICS AND PROFESSIONALISM ARE SOMETIMES AVOID ED 4HE WHOLE INVESTMENT RESEARCH ENVIRONMENT IS IN NEED OF CONTINUOUS INVESTIGATION )NTO THIS CONTEXT COMES *EREMY "OLLAND S 7RITING 3ECURITIES 2ESEARCH ARRIVES "OLLAND WHO IS BASED IN (ONG +ONG AIMS TO GIVE ANALYSTS BOTH BUDDING AND EXISTING THE TOOLS TO DO THEIR WORK BETTER AND MORE EFFECTIVELY TAKING CUSTOMER SATIS FACTION AND UTILITY AS THE STANDARD AGAINST WHICH THESE GOALS ARE TO BE MEASURED "UT ON ANOTHER LEVEL 7RITING 3ECU RITIES 2ESEARCH PROVIDES AN INSIGHT INTO THE SOMETIMES ARCANE AND MYSTERI OUS WORLD OF MARKET ANALYSIS &OR ONE

SUCH AS THIS REVIEWER n WHO HAS COM MENTATED ON BUT WORKED MORE OR LESS OUTSIDE THE SYSTEM n IT IS INTERESTING AND PERHAPS A LITTLE STARTLING TO LEARN THAT THERE ARE SOME EQUITIES ANALYSTS OUT THERE WHO MAY NOT EXACTLY BE CLEAR ABOUT WHAT hEQUITIES RESEARCHv ACTUALLY IS AND THAT THERE ARE DIFFERING PARAMETERS WITHIN WHICH THIS TERM FALLS IN DIFFERENT COUNTRIES "OLLAND NOTES THAT LEGISLATIVE CHANGES IN THE 53 IN TENDED TO SET OFF A DOMINO EFFECT OF DEBATES OVER THE NATURE SECURITIES RESEARCH AND GENERAL ETHICS 4HIS BECOMES A FOCAL POINT FOR SOME SERPENTINE DISCUSSION IN THE BOOK AND LEFT THIS READER A LITTLE PERPLEXED "UT LESS A CRITICISM OF THE BOOK ITSELF SUCH CONFUSION IN FACT ACTS TO UNDERLINE ITS VERY EFFECTIVENESS AND TIMELINESS

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

%VEN AS THE CORPORATE WORLD BECOMES MORE OPEN TO CHANGES IN BUSINESS CULTURE GENERATING MORE OPENNESS AND SOCIAL INTEGRATION IT IS WORTH REMEMBERING THAT DECISIONS MADE IN THE MINDS OF INDIVIDUAL ANA LYSTS CAN EFFECTIVELY MAKE OR BREAK THOSE SAME CORPORATIONS MORE LIKELY THE FORMER GIVEN THAT MOST SHONKY ANALYSTS TEND TO BE ON THE hBUYv SIDE CRIPPLE ECONOMIES AND AFFECT THE LIVE LIHOODS OF MANY )T IS ENCOURAGING THEREFORE THAT NOT ONLY DO ANALYSTS SUCH AS "OLLAND EXIST BUT THAT THEY ARE CONCERNED ENOUGH TO IMPART THEIR MORE BROADLY ATTUNED AND AWARE UNDERSTANDING OF THE CRAFT TO THOSE IN THE INDUSTRY WHO MAY BE MAKING IT UP AS THEY GO )T IS ONE OF THE BASIC TENETS OF THE FREE MARKET IDEAL THAT ALL MAR KET PARTICIPANTS ARE BENEFIT FROM FULL KNOWLEDGE !S SUCH ANALYSTS AND RESEARCHERS ARE THE LIFEBLOOD OF THE SYSTEM "UT AS ANY FIRST YEAR PATHOLOGY STUDENT WILL KNOW DISEASES IN THE BLOOD TEND TO BE THE QUICKEST TO ACT AND LEAD MOST RAPIDLY TO THEIR HOST S TERMINATION #URRENTLY THERE IS EVIDENCE TO SUGGEST THE GLOBAL MARKET SYSTEM IS SHOWING THE SYMPTOMS OF SUCH A MAL AISE "OLLAND S SHARP READABLE AND TIMELY BOOK WILL SURELY BE PART OF THE CURE IF THERE IS EVER TO BE ONE 8SJUJOH 4FDVSJUJFT 3FTFBSDI #: +FSFNZ #PMMBOE +PIO 8JMFZ BOE 4POT *4#/ 64

+BNFT 3PTF JT FEJUPS PG XXX DPSQPSBUFHPWFSOBODF BTJB DPN BOE BVUIPS PG &UIJDBM BOE "DUJWF 4IBSFIPMEJOH +PIO 8JMFZ BOE 4POT


FCC BALL 2007 PROGRAM.indd 32

10/15/07 8:36:23 PM


.EW "OOKS

5BLJOH UIF 1MVOHF *O FBSMZ UIF MFBTF PO $ISJT %JMMPO T PGGJDF XBT VQ GPS SFOFXBM #VTJOFTT XBT HPPE BOE UIF UIPVHIU PG QBZJOH SFOU XBT MPTJOH JUT BQQFBM 8IZ OPU CVZ BO PGGJDF IF UIPVHIU )JT TUPSZ

5

NTIL THIS POINT ) D NEVER CONSID ERED BUYING PROPERTY IN (ONG +ONG ) KNEW REAL ESTATE WAS THE BASIS FOR MUCH OF (ONG +ONG S WEALTH "UT THE TERRITORY S PROPER TY WAS EXPENSIVE AND HAVING LIVED THROUGH CRASHES IN 7ESTERN #ANADA IN THE S *APAN IN THE S AND (ONG +ONG AFTER THE !SIAN FINANCIAL CRISIS IN n ) HAD NO ILLUSIONS ABOUT PROPERTY BEING A RISK FREE INVESTMENT )N THE REAL ESTATE MARKET WAS SLUGGISH -ANY PEOPLE S MORTGAGES WERE WORTH MORE THAN THEIR PROPER TIES (OWEVER ) BELIEVED THE MARKET WAS NEAR THE BOTTOM OF A CYCLE )F ) WAS CORRECT BUYING AN OFFICE COULD BE A GOOD INVESTMENT !ND IF PRICES FELL ) REASONED THEY PROBABLY WOULDN T DROP TOO MUCH FURTHER "UT THERE WAS ONE HITCH ) DON T SPEAK #ANTONESE AND ) COULDN T FIND ANY AUTHORITATIVE %NGLISH LANGUAGE INFORMATION ABOUT BUYING PROPERTY IN (ONG +ONG !ROUND THAT TIME ) GOT TO KNOW SEVERAL EXPATRIATE PROPERTY OWNERS !FTER HEARING THEIR STORIES ) DECIDED TO TAKE THE PLUNGE )N -ARCH ) BOUGHT AND REFURBISHED A FLOOR IN A SMALL OFFICE BUILDING IN #ENTRAL /VER THE NEXT FIVE YEARS ) PURCHASED AND RENOVATED AN APARTMENT IN 0OKFULAM AND HALF A FLOOR IN AN INDUSTRIAL BUILD ING IN 7ONG #HUK (ANG !LONG THE WAY ) BENEFITED FROM THE INSIGHTS AND ADVICE OF MANY PEOPLE AND MADE MANY EDUCATIONAL MISTAKES WHICH ) DECIDED TO RECORD IN A BOOK DUE TO HIT THE BOOKSTORES IN .OVEMBER 4HE FOLLOWING LESSONS ) LEARNED ARE ADAPTED FROM THE BOOK WHICH ) TITLED ,ANDED 4HE %XPATRIATE S GUIDE TO BUYING AND RENOVATING PROPERTY IN (ONG +ONG

)POH ,POH SFBM FTUBUF JT FYQFOTJWF )T S NO SECRET THAT PROPERTIES ON THE

0EAK ARE AMONG THE WORLD S PRICIEST "UT EVEN A MODEST APARTMENT IN A LESS DESIRABLE PLACE LIKE 3HA 4IN OR 4SUEN 7AN CAN EASILY COST 53 MILLION 4HAT S EXPENSIVE BY ANY STANDARD !ND THAT S BEFORE YOU VE PAID STAMP DUTY OR HAD THE APARTMENT RENOVATED

)POH ,POH SFBM FTUBUF DBO CF WPMBUJMF !FTER THE COLLAPSE OF THE 4HAI BAHT IN *ULY AND THE SUBSEQUENT !SIAN FINANCIAL CRISIS SOME PROPERTY PRICES DROPPED NEARLY #ERTAIN SECTORS HAVE STILL NOT RECOVERED FULLY 5IF NBSLFU JT NBOBHFE 4HE GOVERNMENT OWNS VIRTUALLY ALL THE LAND IN (ONG +ONG "Y CAREFULLY CONTROLLING THE SUPPLY THE GOVERN MENT MAINTAINS AN ARTIFICIAL PROP ERTY SHORTAGE AND KEEPS PRICES HIGH :ONING REGULATIONS WHICH CRE ATE AN OFTEN ARTIFICIAL DISTINCTION BETWEEN RESIDENTIAL COMMERCIAL AND INDUSTRIAL PROPERTY ALSO PROP UP VALUES $POTUSVDUJPO RVBMJUZ DBO CF QPPS "UILDERS FREQUENTLY USE THE CHEAPEST MATERIALS THEY CAN FIND 4HIS IS COMPOUNDED BY UGLY ARCHITECTURE AND QUES TIONABLE INTERIOR DESIGN CHOICES 9OU MAY HAVE JUST BOUGHT A MULTI MILLION DOLLAR APARTMENT BUT YOU LL PROBABLY NEED TO SPEND SEVERAL MILLION MORE TO MAKE IT HABITABLE :PV NBZ CF TFFO BT B SVCF 3OME MARKET PARTICIPANTS WILL INTER PRET YOUR STATUS AS AN OUTSIDER AS AN INDICATION THAT YOU HAVE MORE MONEY THAN SENSE !ND BECAUSE THIS IS ALMOST

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

CERTAIN TO BE A ONE OFF TRANSACTION VENDORS HAVE FEW INCENTIVES TO NEGOTI ATE OR OFFER CONCESSIONS

5IF NBSLFU JT CJBTFE BHBJOTU PME QSPQFSUZ $ESPITE RECENT CHANGES IT IS STILL MUCH EASIER TO BUY AND ARRANGE A MORTGAGE FOR A NEW PROPERTY THAN FOR AN OLD ONE #BSSJFST UP FOUSZ BSF IJHI 2ECENTLY MORTGAGES HAVE BECOME AVAILABLE "UT A DOWN PAYMENT REMAINS THE NORM !ND hINTEREST ONLYv MORTGAGES AND OTHER CREATIVE FINANCING TECHNIQUES THAT ARE COMMON ELSEWHERE ARE UNAVAILABLE IN (ONG +ONG (IGH COSTS CAN LEAD TO HIGH LEVELS OF STRESS PARTICULARLY AMONG FIRST TIME BUYERS )N SPITE OF THESE DRAWBACKS THERE WAS SOME GOOD NEWS 1SJDFT FMTFXIFSF IBWF DBVHIU VQ XJUI )POH ,POH "EFORE THE !SIAN FINANCIAL CRISIS IN (ONG +ONG PROPERTY WAS AMONG THE MOST EXPEN SIVE IN THE WORLD IN ABSO LUTE TERMS ,ONDON .EW 9ORK AND OTHER CITIES HAVE SINCE CAUGHT UP WITH AND IN SOME INSTANCES SUR PASSED US 7HILE THERE ARE NO GUARANTEES IN LIFE THAT MAKES FOR MORE SUSTAIN ABLE VALUATIONS &WFSZPOF IFSF JT JO UIF SFBM FTUBUF CVTJOFTT 0ROPERTY PLAYS SUCH A LARGE ROLE IN THE LOCAL ECONOMY THAT THE GOVERNMENT HAS A POWERFUL INCENTIVE TO MAINTAIN AN ORDERLY MAR KET )N THE YEARS AFTER (ONG +ONG SURVIVED A REAL ESTATE ROUT THAT WOULD HAVE CAUSED THE BANKING SYSTEM TO COLLAPSE IN MANY OTHER PLACES /UR FINANCIAL SYSTEM AND MOST OF OUR PROP ERTY OWNERS WEATHERED THE STORM )POH ,POH JT CFOFGJUJOH GSPN $IJOB T HSPXUI


FCC BALL 2007 PROGRAM.indd 41

10/15/07 8:44:15 PM


.EW "OOKS

4HE #HINA BOOM CANNOT GO ON FOREVER "UT FOR THE FORESEEABLE FUTURE IT WILL CONTINUE TO DELIVER A STEADY STREAM OF BUYERS FROM THE -AINLAND WHO WILL EXERT UPWARD PRESSURE ON (ONG +ONG REAL ESTATE PRICES (ONG +ONG S GROW ING INTEGRATION WITH #HINA S ECON OMY IS ENRICHING LOCAL PEOPLE AND ATTRACTING EXPATRIATES FROM AROUND THE WORLD MANY OF WHOM PREFER TO LIVE IN (ONG +ONG !LL OF THESE FACTORS BENEFIT OUR PROPERTY MARKET

'FBS BOE -PBUIJOH JO 57 MBOE

.PSUHBHFT BSF BDDFTTJCMF ,ENDERS ARE AWASH WITH LIQUIDI TY AND WITH (ONG +ONG S HIGH DOWN PAYMENT REQUIREMENTS MORTGAGES ARE SEEN AS A SECURE DESIRABLE WAY TO RECY CLE THAT CASH )F YOU MEET THEIR REQUIRE MENTS BANKS AND OTHER LENDERS ARE KEEN TO COMPETE FOR YOUR BUSINESS

!

5IF SVMF PG MBX JT POF PG PVS HSFBUFTU BTTFUT 9OU DON T WANT TO GO TO COURT n EVER "UT IF IT S UNAVOIDABLE (ONG +ONG S LEGAL SYSTEM IS AMONG THE CLEANEST MOST TRANSPARENT IN !SIA 4HE RULE OF LAW REMAINS ONE OF (ONG +ONG S GREAT EST ADVANTAGES AND YEARS AFTER THE HANDOVER IT HAS NOT BEEN AFFECTED BY THE CHANGE IN SOVEREIGNTY 3FBM FTUBUF JT B QSPWFO QBUI UP XFBMUI &ROM NEWLY ARRIVED IMMIGRANTS TO THE MIDDLE CLASS AND THE CITY S WEALTHI EST FAMILIES MANY OF (ONG +ONG S FORTUNES WERE MADE WITH REAL ESTATE )T IS A WELL ESTABLISHED COMPETITIVE AND GENERALLY TRANSPARENT INDUSTRY 9OU DON T HAVE TO REINVENT THE WHEEL TO PARTICIPATE 5IF NBSLFU JT BDDFTTJCMF UP FYQBUSJBUFT #ONTRACTS ARE COMMONLY EXECUTED IN %NGLISH AND %NGLISH SPEAKING REAL ESTATE AGENTS AND SOLICITORS ARE RELA TIVELY EASY TO FIND "UYING HERE IS WELL WITHIN YOUR GRASP -BOEFE 5IF &YQBUSJBUF T HVJEF UP CVZJOH BOE SFOPWBUJOH QSPQFSUZ JO )POH ,POH #Z $ISJT %JMMPO %JMMPO $PNNVOJDBUJPOT -UE *4#/ o ),

5)& $033&410/%&/5 +6-: "6(645

)POH ,POH PO "JS JT B TPBQ PQFSB JO CPPL GPSN TBZT SFWJFXFS +BNFT #BYUFS S A PRINT JOURNALIST ONCE DRAGOONED INTO WORKING BRIEFLY IN 46 ) REMEM BER THE RELIEF ) FELT WHEN MY SECOND MENT ENDED AND ) RETURNED TO WHAT ) REGARDED AS hREAL NEWS JOURNALISMv ) DON T MEAN TO IMPLY THAT 46 NEWS IS ANY LESS AUTHENTIC THAN THE PRINT VERSION )T WAS JUST AS A NEWS JUNKIE ) FOUND THE hNO PICTURES NO NEWSv STRIC TURES FRUSTRATING 4HE LACK OF CONTEXT OR DEPTH WAS ALSO ANNOYING 4HERE IS A FLIP SIDE OF COURSE 4ELEVISED IMAGES CAN HAVE A FAR MORE POWERFUL IMPACT THAN ANY WRITTEN DESCRIPTION NO MAT TER HOW WELL CRAFTED AS MILITARY PUBLIC RELATIONS OFFICERS KNOW WELL (ENCE THE BLANKET ACCESS ENJOYED BY THE MEDIA COVERING THE 6IETNAM 7AR IS BUT A DIS TANT DREAM FOR TODAY S WAR CORRESPONDENTS (OWEVER ON READING (ONG +ONG ON !IR ) M GLAD THAT ) ESCAPED TELEVISION ESPECIALLY FINANCIAL TELE VISION 4HIS IS A ROLLICK ING READ WITH MANY OF THE MORE TOE CURLING INCIDENTS DRAWN FROM REAL LIVE LIFE DURING THAT HEADY COUNTDOWN PERIOD TO THE HAN DOVER OF (ONG +ONG AND ONLY LIGHTLY hFICTIONALISEDv "UT THERE S A VEIN OF CYNICISM ABOUT THE INDUSTRY RUNNING THROUGH THE STORY 4HE AUTHOR HAS WORKED IN BOTH PRINT AND BROADCAST JOURNALISM AS WELL AS DIPLOMACY BUT ) DO WONDER IF HIS MEMORIES OF HIS DAYS IN 46 n AND OF HIS 46 COLLEAGUES n ARE PLEASANT ONES 4HOSE WHO PICK UP THIS NOVEL HOP ING FOR A NOSTALGIC RERUN OF EVENTS IN THE LATE S n THE "EIJING INVEC

TIVE DIRECTED AT THE LAST 'OVERNOR THE 3INO "RITISH WARS OF WORDS OVER THE AIRPORT CONTAINER TERMINAL NINE AND ,EGCO THE BLOOPERS MADE BY VISITING INSTANT EXPERT HACKS n WILL BE DISAP POINTED 4HIS IS A SOAP OPERA SET IN A 46 STUDIO IN #HAI 7AN A SHOEBOX FLAT IN -ID LEVELS AND THE *EWISH #OMMU NITY #ENTRE RESTAURANT )T IS THE RELA TIONSHIPS BETWEEN THE PROTAGONISTS THAT FILLS THE PAGES !ND WHAT PROTAGONISTS )N MOST SOAP OPERAS THERE ARE NORMALLY ONE OR TWO CHARACTERS WHO ARE LIKEABLE IF NOT DOWNRIGHT LOVEABLE %VEN VILLAINS TEND TO HAVE ONE OR TWO REDEEMING FEATURES 4HAT S NOT THE CASE HERE .ONE OF THEM EVOKE MUCH IN THE WAY OF APPROVAL OR EVEN SYMPATHY 4HERE S THE NAÕVE SEMI HOUSE HUSBAND *EFF %VEN HIS MOTHER APPEARS TO HOLD HIM IN CONTEMPT (E S MARRIED TO THE AMBI TIOUS BUT IRRITATINGLY WIMPY NEWSPA PER TURNED 46 JOURNALIST ,AURA WHO IS BULLIED BY THE EGOTISTICAL hBANANAv ANCHOR AN !MERICAN OF !SIAN DESCENT WHO HAS REINVENTED HIMSELF AS h$ENG *IANG -AOv %VEN THE NON 46 CHAR ACTER A *APANESE FEMALE INVESTMENT BANKER IS A LIAR AND ADULTERER .EPOTISM IS ALIVE AND WELL IN THE GUISE OF THE BOSS WHO IS THE STATION OWNER S SON AND GIVEN TO MASS SACKINGS AND RAMPANT FAVOURITISM !S FOR THE NEWS COVERAGE OF THE HANDOVER AND THE SUBSEQUENT !SIAN FINANCIAL CRISIS WELL THAT SHOWS ALL THE DEPTH OF A SPARROW ON ICE SKATES -Y 46 FRIENDS SAY THIS SOUNDS EERILY AUTHENTIC 4HE AUTHOR -UHAMMAD FORMERLY %LIOT #OHEN HAS ARGUED THAT THE BOOK SEEKS TO DEBUNK WIDELY HELD MYTHS AMONG THE PUBLIC ABOUT "IG -EDIA ) SUSPECT THE BOOK SERVES MORE TO REIN FORCE THEM 4HAT SAID IT S STILL A JOLLY GOOD BACKSTABBING READ

)POH ,POH PO "JS #Z .VIBNNBE $PIFO #MBDLTNJUI #PPLT )POH ,POH *4#/ 1# QQ ), IUUQ XXX IPOHLPOHPOBJS DPN


FCC BALL 2007 PROGRAM.indd 47

10/15/07 8:47:45 PM


"OOKS

1PJTPO 1FO 5IF )POH ,POH CMPHHFS UVSOFE BVUIPS )FNMPDL IBT HPU JU JO UIF OFDL SFDFOUMZ GPS JOTJTUJOH PO BOPOZNJUZ #VU HJWFO UIF OPUPSJPVTMZ UIJO TLJOT PG UIPTF JO PVS HPWFSOJOH DMBTTFT BOE UIF GBDU UIBU FWFO CZ WJMMBHF TUBOEBSET )POH ,POH JT B UJOZ BOE JODFTUVPVT QMBDF IJT QSVEFODF DBO CF VOEFSTUPPE JG OPU DPOEPOFE XSJUFT "OESFX #BYUFS

)

N REVIEWING EVENTS IN (ONG +ONG SINCE (EMLOCK S ACCOUNT IS UNLIKELY TO WIN HIM MANY FRIENDS FROM THE RANKS OF THE 3!2 LEADERSHIP 4HE (ONG +ONG DESCRIBED IN HIS BOOK 7E $ESERVE "ETTER IS A PLACE THAT HAS DECLINED IN SPIRIT CONFIDENCE AND AMBITION AS A DIRECT RESULT OF POOR GOVERNANCE SINCE THE TRANSFER OF SOV EREIGNTY 4HE PAST YEARS HAVE NOT BEEN EASY ONES 4HERE HAS BEEN THE !SIAN FINANCIAL CRISIS AVIAN FLU 3!23 AND RECESSION TO NAME BUT SOME OF THE CHALLENGES "UT THE POST HANDOVER GOVERNMENT S RESPONSE ARGUES (EM LOCK HAS BEEN ONE OF WEAKNESS TREP IDATION LACK OF IMAGINATION AND OF PANDERING TO VESTED INTERESTS 4HE RESULT IS THAT IN A DECADE THE TERRI TORY HAS GONE FROM A VIBRANT SELF CONFIDENT IF FREEWHEELING COMMUNITY THAT WOULD HAVE SHRUGGED OFF IF NOT PROFITED FROM THE DOWNSIDE TO ONE FEARFUL OF COMPETITION OR CHANGE TO ONE THAT IS FRACTURED ALONG POLITICAL AND ECONOMIC LINES WRACKED BY CRO NYISM AND ONE THAT FEELS THE NEED TO GO CAP IN HAND TO "EIJING TO BEG FOR HANDOUTS LIKE AN IMPOVERISHED THIRD WORLD NATION (EMLOCK WHO DESCRIBES HIMSELF AS A hWESTERN BORN (ONG +ONG TAX PAYER AND VOTERv HAS WORKED IN (ONG +ONG SINCE THE MID S (E HAS THEREFORE LIVED THROUGH MOST IF NOT ALL OF THE YEAR TRANSITION FROM "RITISH COLONY TO 3PECIAL !DMINIS TRATIVE 2EGION SINCE THE SIGNING OF THE 3INO "RITISH *OINT $ECLARATION IN (E CLEARLY HAS AN AFFECTION FOR THE PLACE AND IS SADDENED BY WHAT S HAPPENED (E CONCLUDES THAT (ONG +ONG S

POLITICAL AND ECONOMIC SYSTEMS ARE BROKEN AND SINGLES OUT THE HAPLESS 4UNG #HEE HWA FOR THE LION S SHARE OF BLAME FOR THE SITUATION 7HETHER THIS IS COMPLETELY FAIR IS A MOOT POINT 'IVEN THE PENCHANT OF THE SO CALLED h&RIENDS OF #HINAv IN (ONG +ONG TO SECOND GUESS AND SHOE SHINE "EIJING AND READINESS TO LOBBY THEIR FAC TIONS IN THE #HINESE CAPITAL TO FURTHER THEIR OWN INTERESTS 4UNG S SO CALLED FRIENDS AMONG THE (ONG +ONG ELITE AND WITHIN THE VARIOUS LOCAL PRO "EI JING CAMPS WERE POSSIBLY MORE DAN GEROUS THAN HIS DECLARED OPPONENTS .EVERTHELESS (EMLOCK S THESIS POSITS THAT 4UNG S FAILURE TO GOVERN EFFECTIVELY IGNITED A NEAR REVOLT IN (ONG +ONG WHICH FORCED "EIJING TO STEP IN AND OPENLY STRIKE OUT ITS PROMISE TO PERMIT (ONG +ONG PEOPLE TO DECIDE THEIR OWN POLITICAL STRUC TURE FROM 7HETHER OR NOT ONE AGREES WITH THAT PARTICULAR VIEWPOINT 7E $ESERVE "ETTER PROVIDES A BRISK TROT THROUGH EVENTS IN (ONG +ONG OVER THE LAST QUARTER CENTURY (EMLOCK SAYS THE BOOK IS AIMED AT THOSE WHO ARE hREA SONABLY ACQUAINTEDv WITH THE (ONG +ONG STORY (E S SELLING THAT ASPECT OF HIS ACCOUNT SHORT (IS SELF PUBLISHED BOOK IS IN FACT A HIGHLY READABLE DIGEST OF WHAT S SHAPED (ONG +ONG OVER THE LAST QUARTER CENTURY

8F %FTFSWF #FUUFS )POH ,POH 4JODF #Z )FNMPDL 1BVMVT #PPLT )POH ,POH *4#/ 1# QQ ), IUUQ XXX IPOHLPOHTJODF DPN

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


90160533 Proud to be associated with this event. Dave and Celia Garcia FCC BALL 2007 PROGRAM.indd 62

10/15/07 9:23:21 PM


DiamondPartners

Prosperity Holdings (H.K.) Ltd

HD FUND EMMA & DONAL GALVIN

Peter Fan

FCC BALL 2007 PROGRAM.indd 36

10/15/07 8:41:29 PM


7SH[PU\TPartners Li Shuet Lo Stephen

STEVEN J PETERSOHN

.VSKPartners

SINOM HONG KONG LTD

DAVE AND CELIA GARCIA

Mark and Winnie Shuper M. MAGTAGUS CO., LTD.

:PS]LYPartners Manassas Ltd.

6MÄJPHS ;YHUZWVY[H[PVU Sponsor

6YNHUPZLK )`

6MÄJPHS /V[LSSponsor

6MÄJPHS (= Sponsor

3HUN\HNL ;YHPUPUN *LU[LY *VUZ\S[HU[

+LZPNU I`

FCC BALL 2007 PROGRAM.indd 37

10/15/07 8:42:08 PM


FCC BALL 2007 PROGRAM.indd 54

10/15/07 8:54:27 PM


FCC BALL 2007 PROGRAM.indd 63

10/15/07 9:23:48 PM


0ROFESSIONAL #ONTACTS &2%%,!.#% 0(/4/'2!0(%23 "%242!.$ 6)2'),% 3)-/. ˆ %DITORIALS AND CORPORATE BROCHURES 4EL % MAIL INFO RED DESERT COM HK 7EBSITE 777 2%$ $%3%24 #/- (+ 2!9 #2!."/52.% ˆ %DITORIAL #ORPORATE AND )NDUSTRIAL 4EL &AX % MAIL RAY?CRAN BOURNE HOTMAIL COM "/" $!6)3 ˆ #ORPORATE !DVERTISING %DITORIAL 4EL 7EBSITE WWW "/"$!6)3PHOTOGRAPHER COM (5"%24 6!. %3 ˆ .EWS PEOPLE TRAVEL COMMERCIAL AND MOVIE STILLS 4EL &AX % MAIL VANES NETVIGATOR COM &2%%,!.#% 72)4%2 !.$ '(/3472)4%2 -ARK 2EGAN 7RITER OF FACT OR FICTION BIOGRAPHIES MEMOIRS AND MISCELLANEA !LSO SPEECHWRITING FEATURES REPORTS OR RESEARCH 4EL % MAIL MRREGAN HOTMAIL COM 7EBSITE WWW MARKREGAN COM &2%%,!.#% !24)343 h3!9 )4 7)4( ! #!24//. v 0OLITICAL CARTOONS CHILDREN S BOOKS AND &2%% E CARDS BY 'AVIN #OATES ARE AVAILABLE AT HTTP WWWEARTHYCARTOONS COM 4EL -OBILE % MAIL GAVIN EARTHYCARTOONS COM &2%%,!.#% %$)4/2 72)4%2 #(!2,%3 7%!4(%2),, ˆ 7RITING EDITING SPEECHES VOICE OVERS AND RESEARCH BY LONG TIME RESIDENT -OBILE 4EL &AX % MAIL CHARLESW NETVIGATOR COM

#

! # """ !

0!5, "!9&)%,$ ˆ &INANCIAL EDITOR AND WRITER AND EDITORIAL CONSULTANT 4EL %MAIL BAYFIELDHK HOTMAIL COM -!2+%4).' !.$ -!.!'%-%.4 3%26)#%3 -!2),9. (//$ ˆ 7RITE AND EDIT CORRESPONDENCE DESIGN DATABASE AND POWERPOINTS REPORT PROOFING AND LAYOUT SALES AND MARKETING EVENT AND BUSINESS PROMOTIONS 4EL %MAIL MHOOD NETFRONT NET 3%26)#%3 -%$)! 42!).).' ˆ (OW TO DEAL PROFESSIONALLY WITH INTRUSIVE REPORTERS 4UTORS ARE (+S TOP PROFESSIONAL BROADCASTERS AND JOURNALISTS %NGLISH AND OR #HINESE 4ED 4HOMAS

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


$5( <28 /22.,1* )25 $ /,77/( &203$1<" 3ULPDVLD &RUSRUDWH 6HUYLFHV ZLOO VHW XS DQG PDLQWDLQ \RXU +RQJ .RQJ RU RIIVKRUH FRPSDQ\ )XOO DFFRXQWLQJ FRPS VHF QRPLQHH DQG +. YLVD VHUYLFHV

&RQWDFW -RKQ %DUFOD\ RQ MRKQEDUFOD\#SULPDVLD FRP 6N\SH MRKQEDUFOD\ SFV 35,0$6,$ &25325$7( 6(59,&(6 /,0,7(' 1R +$5%285 52$'

+'.2# -#/0,+ ))6 0#)#!1#" .2 )'16 $2/+'12/# 5!)20'3# )'+# ,$ "#0'%+#/ !20&',+0 ,)01#/0 1 )#!),1&0 ,11#/6 ,21",,/ '+",,/ /1&#+4 /# #) ",+ ,"#/+ )#4 /# !21)#/6 +" #5!)20'3# ) 004 /# 0(#10 *-0 # 3'+% 1 12#0 #!,/ 1,/ '#!#0 &,- &# #-2)0# 6 #-2)0# 6 " #+.2'/#0 0' + /14,/(0 !,* #) 5

Y 02/&%33)/.!, #/.4!#43 5IF 1SPGFTTJPOBM $POUBDUT QBHF BQQFBST JO FBDI JTTVF PG 5IF $PSSFTQPOEFOU BOE PO UIF '$$ XFCTJUF BU XXX GDDIL PSH -FU UIF XPSME LOPX XIP ZPV BSF XIBU ZPV EP BOE IPX UP SFBDI ZPV 5IFSF IBT OFWFS CFFO B CFUUFS UJNF -JTUJOHT TUBSU BU KVTU QFS JTTVF XJUI B NJOJNVN PG B UISFF JTTVF MJTUJOH BOE BSF CJMMFE QBJOMFTTMZ UP ZPVS '$$ BDDPVOU 5)& $033&410/%&/5 4&15&.#&3 0$50#&3

.BJM PS GBY UIJT GPSN UP UIF '$$ BEWFSUJTJOH UFBN U $PQZ BUUBDIFE U MJOFT ! U MJOFT ! U MJOFT ! U MJOFT ! U 4NBMM CPY ! QFS JTTVF Y QFS JTTVF Y U -BSHF CPY ! QFS JTTVF Y QFS JTTVF Y U -BSHF CPY X DPMPVS ! QFS JTTVF Y QFS JTTVF Y .JOJNVN PG JTTVFT

'PS NPSF JOGPSNBUJPO & NBJM 4BOESB 1BOH BOE $SZTUBM 5TF BU BEWFSUJTJOH!GDDIL PSH PS DBMM PS GBY


Nam Hai Resort

FILM

FCC BALL 2007 PROGRAM.indd 59

Congratulations to the FCC on the 2007 Charity Ball

Manassa Ltd.

10/15/07 9:20:28 PM


Congratulations to The FCC on the Charity Ball 2007 with the compliments of

SINOM FCC BALL 2007 PROGRAM.indd 61

10/15/07 9:22:33 PM


Dragon AIR ÄST

Four Seasons introduces its own legendary warmth and service to an exotic Thai hillside retreat

Within this harmonious enclave are spacious villas and beachside residences, each with an oversized infinity pool, two restaurants, an outdoor pool, a full-service spa, a fitness centre, a wide range of recreational activities, intimate yet versatile

Congratulations to the FCC on the 2007 Charity Ball

function space and a private beach.

FCC BALL 2007 PROGRAM.indd 60

10/15/07 9:21:38 PM


Congratulations to the FCC on the 2007 Charity Ball

Congratulations to the FCC on the 2007 Charity Ball

Alliance Engineering Co.

FCC BALL 2007 PROGRAM.indd 64

10/15/07 9:26:17 PM


Congratulations to The Foreign Correspondents’ Club Hong Kong Charity Ball 2007 from

Mark & Winnie Shuper

FCC BALL 2007 PROGRAM.indd 53

10/15/07 8:52:57 PM


0HOTOGRAPHY

5IFO

/PX

5IF DIBOHJOH GBDF PG )POH ,POH $FOUSBM TIPU GSPN .BD%POOFMM 3PBE 5IF UPQ QIPUP XBT UBLFO JO BOE TIPXT B NPTUMZ MPX SJTF UPXO DPNQMFUF XJUI $SJDLFU $MVC QJUDI MPPLJOH PWFS UP ,PXMPPO *O UIF CPUUPN QJDUVSF UBLFO FBSMJFS UIJT ZFBS UIF IBSCPVS BOE ,PXMPPO BSF BMM CVU JOWJTJCMF

ª #PC %BWJT 8FC XXX CPCEBWJTQIPUPHSBQIFS DPN & NBJM CPCEBWJT!OFUWJHBUPS DPN

5)& $033&410/%&/5 4&15&.#&3 0$50#&3


Congratulations to The FCC on the Charity Ball 2007 with the compliments of

M Magtagus Co., Ltd. FCC BALL 2007 PROGRAM.indd 52

10/15/07 8:51:24 PM


FCC BALL 2007 PROGRAM.indd 55

10/15/07 8:54:57 PM


Congratulations to The Foreign Correspondents’ Club Hong Kong Charity Ball 2007 from

Emma & Donal Galvin

FCC BALL 2007 PROGRAM.indd 26

10/15/07 8:32:20 PM


The Chow Family and Vengeance of Rain

FCC BALL 2007 PROGRAM.indd 38

10/15/07 8:43:31 PM


Congratulations to The Foreign Correspondents’ Club Hong Kong Charity Ball 2007 from

Mr. & Mrs. Steven Petersohn

FCC BALL 2007 PROGRAM.indd 35

10/15/07 8:38:40 PM


Congratulations to The Foreign Correspondents’ Club Hong Kong Charity Ball 2007 from

Li Shuet Lo Stephen FCC BALL 2007 PROGRAM.indd 45

10/15/07 8:46:25 PM


Congratulations to the FCC on the 2007 Charity Ball

Congratulations to the FCC on the 2007 Charity Ball

FCC BALL 2007 PROGRAM.indd 57

10/15/07 8:56:51 PM


Travel

FCC Collection BOOKS A Magistrate’s Court in Nineteenth Century Hong Kong Asia’s Finest Hotels British Hong Kong - Fact and Fable Captain if Captured China Illustrated Cleaning House Custom Maid (English/Chinese) Expat Impossible Dreams Kyoto Journal Macau Watercolour Magic Cube Stretch your Life Sweat & the City The Finest Golf Courses of Asia & Australasia The Helena May The Ji Ji Chronicle The Little Red Writing Book The Poles Declaration - Bilingual Version The Quest of Noel Croucher

$198 $128 $150 $299 $395 $150 $155/100 $175 $150 $60 $250 $55 $158 $100 $425 $200 $46 $168 $170 $185

Gillian Bickley David Macfarlane Arthur Hacker Clare Hollingworth Arthur Hacker Barry Kalb Peter de Krassel Wendy McTavish Sandra Burton (Magazine) Murray Zanoni Pacific Century Tim Noonan & Chris Watts Hong Kong Writers’ Circle James Spence Esther Morris Wang Dawen Brandon Royal Rebecca Lee Vaudine England

Other International Golf Courses Hong Kong Old & New

Richard Caska Pacific Century

$80 $98

Calendar Postcards

CDs Allen Youngbloodlines Outside the Box

Check out the wide range of FCC products

Allen Youngblood Y Allen Youngblood Y

FCC tie (new) . . . . . . . . . . . . . . . $280 Umbrella (folding) . . . . . . . . . . $110

Bowtie: $145

Umbrella (golf - new) . . . . . . . $165 Umbrella (golf - foldable). . . . $120

Computer bag . . . . . . . . . . . . . . $165

Fleece leece smock . . . . . . . . . . . . . . . $280

New windbreaker . . . . . . . . . . . $195

Blue ball pen. . . . . . . . . . . . . . . . . $15

FCC Cufflinks. . . . . . . . . . . . . . . . .

FCC lithograph print . . . . . . . . $800

Plastic ball pen. . . . . . . . . . . . . .$1.50

Plated keyholder. . . . . . . . . . . . . $30

FCC postcard . . . . . . . . . . . . . . . . . .$3

FCC metal pen (new) . . . . . . . . . $82

Gift box (new) . . . . . . . . . . . . . . $128

I Love HK postcard . . . . . . . . $13.50

Document case . . . . . . . . . . . . . $110

Name card holder. . . . . . . . . . . . $65

FCC Cap . . . . . . . . . . . . . . . . . . . . . $40

Name card leather case (new) . . . . $75

FCC Card blank (for 5) . . . . . . . . $35

Reporter’s notebook . . . . . . . . . $10

Disposable lighter . . . . . . . . . . . . .$5

Polo shirt . . . . . . . . . . . . . . . . . . . $140

Photographer’s vest: $255 ............ CC Video – NTSC . . . . . . . . . . . $310 C Off all the Gin Joints)

Stonewashed shirt . . . . . . . . . . $115 Stonewashed shorts . . . . . . . . $110 Fleece smock . . . . . . . . . . . . . . . $280

Belt: $110

$110 $120

T-shirt . . . . . . . . . . . . . . . . . . . . . . $110

THE CORRESPONDENT SEPTEMBER/OCTOBER 2007

Computer bag: $165

CC Video – PAL . . . . . . . . . . . . $280 C Off all the Gin Joints) Co ompact Mirror. . . . . . . . . . . . . . $65 CC Metal Pen . . . . . . . . . . . . . . . $82 C

81


Congratulations to The Foreign Correspondents’ Club Hong Kong Charity Ball 2007

10/15/07 8:37:15 1 37:15 PM


/UT OF #ONTEXT

7HAT MEMBERS GET UP TO WHEN AWAY FROM THE #LUB

" ,OJHIU UP 3FNFNCFS ,&&4 .&54&-""3

7

HEN .APOLEON FOUNDED THE 0ALMES !CADÏMIQUES AWARD IN HE COULD HARD LY HAVE ANTICIPATED THAT ONE DAY A RECIPIENT WOULD BE LIVING IN A PLACE CALLED (ONG +ONG AND WORKING WITHIN MUSKET RANGE OF A PLACE LIKE THE &## 4HE SURPRISED n AND PROUD n WINNER OF &RANCE S OLDEST CIVILIAN AWARD IS &## MEMBER #HRISTIAN #HASSET WHO CO FOUNDED AND CO DIRECTS WITH HIS WIFE $OMINIQUE THE (ONG +ONG )NSTITUTE OF ,ANGUAGES ON 7ELLINGTON 3TREET 4HE 0ALMES !CADÏMIQUES WERE ORIG INALLY ESTABLISHED BY .APOLEON WHO VALUED THE IMPORTANCE OF EDUCATION AS WELL AS THAT OF ARTILLERY TO HONOUR EMINENT MEMBERS OF THE 5NIVERSITY OF 0ARIS /VER THE YEARS THE FORM OF THE MUCH COVETED AWARD HAS SHIFTED BUT HAS MANAGED TO SURVIVE THE SOCIAL AND POLITICAL STORMS THAT HAVE SHAKEN &RANCE 4HE GREATEST CHANGE IN THE HISTORY OF THE 0ALMES TOOK PLACE IN WHEN THEY WERE RE ESTABLISHED BY 0RESIDENT 2ENE #OTY 4HREE RANKS WERE CREATED #HEVALIER /FFICIER AND #OMMANDEUR AND ARE NOT GIVEN LIGHTLY OR FREQUENTLY h) DIDN T EXPECT TO RECEIVE THIS PRES TIGIOUS AWARD v SAYS MODEST #HRISTIAN A NEWLY MINTED #HEVALIER h4HE SIG NIFICANCE OF THIS IS THAT IT IS RECOGNI TION OF OUR SCHOOL WHICH IS LIKE A FAMILY BUSINESS ) FEEL IT IS A FAMILY MEDAL NOT JUST FOR ME v #ELEBRATIONS INCLUDED A BIG PARTY IN THE &## -AIN $INING 2OOM %STABLISHED IN THE )NSTITUTE WWW HKLANGUAGES COM HAS GROWN INTO QUITE A SIZEABLE FAMILY BUSI NESS WITH TEACHERS AND MORE THAN STUDENTS ATTENDING AT ANY ONE TIME !ND WHILE IT STARTED BY TEACHING &RENCH IT HAS PROGRESSIVELY INTRODUCED COURSES IN %NGLISH -ANDARIN #ANTON ESE 3PANISH 'ERMAN AND *APANESE ! FORMER TEACHER IN &RANCE #HRIS

TIAN ARRIVED IN !SIA WHILE TRAVELLING DURING SABBATICAL LEAVE )NTERESTED IN THIS REGION HE TRIED TO SEE IF HE COULD WORK HERE OR IN *APAN OR 3OUTH +OREA (E DECIDED ON (ONG +ONG WHERE IT WAS EASY TO FIND WORK AND %NGLISH WAS WIDELY USED (E ALSO TOOK TO (ONG +ONG AS A PLACE STRUCK BY ITS COSMOPOLITAN ATMOSPHERE h) REALLY ENJOYED (ONG +ONG FROM THE FIRST DAY ) SET MY FOOT HERE ) REMEMBER THE FIRST SENSATION ) FELT WAS FANTASTIC v "UT !SIA HAS NOT ALWAYS BEEN KIND TO #HRISTIAN S )NSTITUTE 4HE SCHOOL WAS HIT BY THE !SIAN FINANCIAL CRI SIS AND THE 3!23 EPIDEMIC WAS A DISASTER WITH TEACHING HALTED FOR SEVERAL MONTHS 4HE )NSTITUTE ALSO FEELS INCREASING PRESSURE FROM COM PETING LANGUAGE SCHOOLS WHICH HAVE GROWN HUGELY IN NUMBER IN THE PAST TWO DECADES (OWEVER THE )NSTITUTE HAS SEVER AL USEFUL AND ATTRACTIVE FEATURES IN ITS FAVOUR IT WAS THE FIRST LANGUAGE SCHOOL TEACHING &RENCH TO WELCOME ALL

5)& $033&410/%&/5 4&15&.#&3 0$50#&3

MEMBERS OF THE PUBLIC FROM THE AGE OF THREE UPWARDS AND IT LIMITS CLASS SIZE TO A MAXIMUM OF SIX 3MALL CLASSES HELP TO ENSURE FULL AND ACTIVE PAR TICIPATION BY ALL PRESENT ,ARGE CLASSES MAY MAKE YOU PROFICIENT IN GRAMMAR BUT NOT NECESSARILY IN COMMUNICA TION #HRISTIAN SAYS -AYBE THE (ONG +ONG EDUCATIONAL SYSTEM SHOULD FOL LOW THE )NSTITUTE S EXAMPLE HE ADDS WITH A LAUGH 4HE )NSTITUTE S STUDENTS HAVE INCLUDED A NUMBER OF WELL KNOWN NAMES INCLUDING !LICE 0ATTEN DAUGH TER OF #HRIS 0ATTEN AND !LLAN :EMAN ENTERTAINMENT GURU !ND THE ETHNIC MAKEUP OF THE STUDENTS HAS CHANGED MARKEDLY )NITIALLY MOST WERE "RITISH "UT NOW THERE IS A MORE BALANCED MIX WITH PER CENT #HINESE AND THE REST EXPATRIATES 4HE LATTER INCLUDE MANY !SIAN STUDENTS AS WELL AS /CCI DENTALS -AYBE IT S NOT JUST &RANCE THAT SHOULD CONSIDER GIVING #HRISTIAN A TOKEN OF APPRECIATION FOR HIS WORK IN PROMOTING GOOD COMMUNICATION n *ONATHAN 3HARP




Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.