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Biz Talk 10/05/08 Henry Paulson: Former US Treasury Secretary

05-08-2010 12:28 BJT

NO MORE BIG BUCKS ON WALL STREET

---Early in 2009, Americans were very angry to find out Wall Street firms paid out almost 20 billion US dollars in bonuses in 2008. This happened as companies were seeking or taking tax payers' money intended to spur the economy. They did this in spite of a record unemployment rate.

GAMING CONSOLES BATTLE FOR DOMINANCE

---Back on November 11th, 2006, thousands of gaming fans queued for hours, braving Tokyo's early morning chill and occasional showers, to witness Sony's much-heralded and delayed launch of PlayStation 3.

SONY MUSIC, MICHAEL JACKSON DISPUTE

---In October 2001, Michael Jackson released Invincible, his first full-length album in six years. It turned out to be his final album containing new material. But its release was preceded by a dispute between the king of pop and his record label, Sony Music Entertainment.

SONY'S WOES IN A DIGITAL REALITY

---Sony has stumbled in sectors it once dominated for several years. Challenges have come from every front.

 

Editor:James |Source: CCTV.com

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