There are more than 4,000 garment factories in Bangladesh. One way or another, most of them trace their lineage to Abdul Majid Chowdhury, Noorul Quader and the 128 Bangladeshis who traveled to Korea 30 years ago.
This is the guy who did the original deal with Daewoo, to start a major garment factory in Chittagong with Korean characteristics. Back then, Daewoo was a big T-shirt maker out of South Korea. The garment industry owners in Bangladesh are grateful to this man.
Bangladesh was created out of chaos in the early 1970s, at a moment when millions in the country were dying from a combination of war and famine. The future looked exceedingly bleak.
Abdul Majid Chowdhury and Noorul Quader were Bangladeshi businessmen who wanted to help their country. "We asked ourselves, 'What the hell do we want?' " Chowdhury recalls. The answer he and his friends arrived at: "We need employment. We need dollars."
Their solution involved Richard Nixon, an obscure but hugely influential trade deal, and a cultural struggle over kimchi.
The prisoner complained of a toothache but says he couldn't get anyone to help him treat it. So, according to Swedish media, the 51-year-old man escaped, and went to a dentist. He had his tooth pulled and then turned himself in to authorities.
We remember this morning, Elwood. He was a good dog. But cute, he was not; tiny, hairless except for a tufty Mohawk, with hooded eyes and a red tongue that stuck out. Six years ago, Elwood shot to fame when he was named the world's ugliest dog. He died on Thanksgiving Day but is immortalized in a popular children's book written by owner Karen Quigley. "Everyone Loves Elwood" is about how it's OK to be different.
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Longtime General Electric CEO and management icon Jack Welch popularized a management style in the 1980s that critics dubbed "rank and yank." The system ranks employees — with under-performers getting yanked from their jobs or the company. This old practice is in the news again. Microsoft recently did away with it. But other companies are embracing it.