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Examples
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In 2005, when the scrappy Chinese e-commerce company Taobao was locked in battle with eBay for control of the lucrative China market, Jack Ma, the former English teacher who founded Taobao parentcompany Alibaba, confidently predicted that victory would be his: Ebay may be a shark in the ocean, but I am a crocodile in the Yangtze River.
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The investment bank's financial position was strengthened onDecember 11 when the District Court of Reykjavik granted their parentcompany Straumur Bank a moratorium on their debts until September.
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