But Haier, using its boot-camp approach, turned the company around without investing a penny of its own cash.

ECONOMIST: China and the chaebol

Executives, meanwhile, admit that the boot-camp approach that serves so well in China may not suit less deferential workers elsewhere.

ECONOMIST: China and the chaebol

However, the extraordinary confusion over the participation of New Approach in the 229th Derby has seen the latter camp swell considerably.

BBC: Cornelius Lysaght column

No one would really blame those in the glass-is-half-full camp if they decided to take a wait-and-see approach to this market.

FORBES: What Investors Should Watch For as the World Crumbles