While sales are exploding and losses are narrowing, the company has its work cut out inestablishing a viable footprint, particularly with the likes of Google making a play in the consumer review sector.
Minikes, who has been with the company since 1978, was instrumental in both establishing Bear's prime brokerage business in the early 1980s and in forming Bear, Stearns Securities in 1991.
The company is currently in advanced talks with investors regarding establishing a Spanish-language music download site which could appear within three months, White said.
Establishing a wholly-owned companyin China where a company has complete control of the decision-making process and does not have to deal with a Chinese partner can be very tempting.
Direct investments Bin Laden spent part of his inheritance on establishing a variety of businesses in Sudan: a trading company, a construction company and a foreign-exchange company.
DeCode's Stefansson says he hopes the deal will help the company market its services to other drug and biotech companies in the future, by establishing DeCode's software as the standard method for analyzing gene data.