The China Securities Regulatory Commission has ordered domestic fund managers to not publicly badmouth any Chinese stocks, in an effort to maintain stability "for the sake of a harmonious and successful Olympic Games."** This is a great idea and one that SEC chairman Christopher Cox would be wise to emulate, though, not being able to trust Wall Street to listen to him ought to think about the old sock in mouth, duct tape around face method which would be both an effective means of policing and amusing to all. Perhaps even pleasurable to some (you know who you are).
So far the moratorium on negativity hasn't done jack, with the Shanghai Composite Index continuing to fall since the CSRC laid down the law but these things take time. And in other China-getting-psyched-for-the-games news.
China Muzzles Its Money Managers [Portfolio]
**Loophole: it said nothing about privately bashing your company of choice via well-timed IMs along the lines of whatever is Chinese for: "I'd sooner give my daughter a presumably lead-laced Barbie doll than give this company my money."


Pershing Square: Herbalife Silenced Us

Earlier today it was noted that, to the surprise of many, Bill Ackman and Carl Icahn had refrained from asking questions or dialing in and making sudden outbursts during this morning's conference call to discuss Herbalife's fourth quarter earnings.  Obviously this came as a shock on account of Ackman and Icahn taking many opportunities in the past to share their feelings re: the company and each other. And while it's true both men personally held their tongue's today, according to Pershing Square, one of its analysts had planned to ask questions on Bill's and the hedge fund's behalf but was shot down.


The NHL Wants To Succeed In China, With Or Without Hockey

The yin and yang between the sport and the league is becoming apparent in the NHL's Asia crusade.

Undergraduate Business Major Has "A Very Simple Ultimatum, Actually" For Fellow Students

Have you ever been in a position where you needed to compel a group of your peers to do something they clearly have no interest in participating in? Where every time you sat down to craft an email, it became a back and forth between "playing it cool" and the desperation that all people reach when charged with the task of rallying people to attend, for instance, an event like the business versus engineering student Olympics? Where the internal monologue (and words that you end up typing on the page) are something like "You better fucking come to this thing...or don't I couldn't care less...no wait I was kidding...COME, YOU FUCKING FUCKS!...I mean, whatever...do what you want...I hate you...I hate you all so much that it's really no sweat off my sack whether you come or not, asshole shits. WHO CARES? ...but I'd just like to note that if you're not there so help me GOD you'll be sorry, not that it matters to me...". Where by the end of any such gig you've basically lost the patina of cool no matter what, so there's no real use in trying? Then you can related to one undergraduate business major who was pushed to that "end my rope" mode earlier today. From: [redacted] Date: March 22, 2012 12:14:11 PM EDT Subject: A quick note about our next bar crawl and the BBA v Engineering Olympics Hello, As you probably don't know because you stick my impact messages go straight to your trash folder, we are currently engaged in a week long competition against the engineers. However, there has been a very poor turnout from the Senior Class up to this point - especially in the athletic events. I don't understand your apathy nor do I care to but I will say this: THERE WILL NOT BE ANOTHER BAR CRAWL IF WE LOSE THE OLYMPICS. Furthermore, If we were to lose this competition because people just didn't show up I would just assume that there is a serious lack of interest in our events and go ahead and shut down Senior Night as well. For those of you who don't know, Senior Night is where we completely rent out a club and allow each senior a +1. It's something like a boozy college prom. It's a very simple ultimatum actually. If you don't help me destroy the engineers, I will not help you get wasted with your fellow BBA's. It makes no difference to me because honestly i don't even remember the last bar crawl. Eat at Pizza House before 4am and raise some money for a great cause and sign up to play some flag football and ultimate frisbee. There is also an after party at the Blue Lep from 6-8pm on Friday and I promise I'll let you drink out of the trophy cup. [redacted]