Newspaper article The Evening Standard (London, England)

Cityspy

Newspaper article The Evening Standard (London, England)

Cityspy

Article excerpt

ELECTRONIC games are all designed by geeky, wide-eyed troglodytes, right? Wrong. Way back in 1974, when Steve Jobs worked for Atari and had never heard of a backdated share option, much less an iPod, he called his future Apple cofounder Steve Wozniak.

Atari, he said, would pay them $700 to come up with, and build, a new TV game - but it had to be done quickly. Woz, then still with Hewlett-Packard, designed it in four sleepless days and nights, while Jobs did the console wiring. Job done, Jobs handed his chum $350. Much later, Woz says in his autobiography, iWoz, he found out Jobs, pictured as he was then, with hair, had been paid a bonus of "several thousand dollars" for the game, the top-selling Breakout.

* HONG KONG billionaire Li Ka-shing used to shave his head - to save money on haircuts.

* AS Tory MP for Welwyn Hatfield, David Evans was known as a motormouth. But the Lord Evans of Watford has found a highly successful niche as a publisher with Redactive Media.The secret? Riveting titles such as Arthritis Today and Osteoporosis News. Don't knock it - profits have tripled in the past year to over [pounds sterling]3 million, which will please Evans as a 50% shareholder.

* HOW to stitch up the world - the Goldman way. An article in Forbes traces the bank's tentacles at the New York Stock Exchange. Goldman's then chief, Hank Paulson, helped oust the NYSE's boss, Dick Grasso. He was replaced by Paulson's ex-deputy, John Thain. Goldman suggested a merger of the NYSE with Archipelago - it had stakes in each firm and advised both.

Now the NYSE has gone public, Thain is replacing its system of floor-traders with technology he developed at Goldman.

Oh, and Goldman is one of the NYSE's largest clients, its second-largest market maker and a substantial shareholder.

* FOR KarstadtQuelle, a troubled German retailer, Goldman set up a joint venture with 174 properties. …

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