Two years ago, he amassed nearly a 10% share of General Motors (nyse: GM - news - people ) and won a seat on GM's board for JeromeYork, one of his advisers.
"These cases are many, and the business world should be troubled by them, " says Jerome Cohen, a New York University professor who specializes in China's legal system.
"The state was better prepared when Sandy hit than it had been for any past natural disaster, and the results on the ground back that up, " said Jerome Hauer, the commissioner of the New York Division of Homeland Security and Emergency Services.