Lai See

PUBLISHED : Thursday, 15 July, 2004, 12:00am
UPDATED : Thursday, 15 July, 2004, 12:00am

no more mr nice guy

They say the early bird always gets the worm. But that's not always the case in politics.

Witness Henry Wu, financial services representative in Legco, whose campaign for re-election has been complicated by a perception that - always the gentleman - he is perhaps too polite and mild-mannered.

In a recent meeting with journalists, Mr Wu objected to this characterisation, pointing out that he had once thrown a tantrum and stormed out of a Legco meeting in protest. There was just one problem: 'It was 8.30 in the morning and there were no journalists there to report it.'

By all means do it again, Mr Wu. But at a more civilised hour, please, and give us some advance notice. We'll even book a photographer for the occasion.

deadpan assets

Some press releases could be issued only in Japan. Like this one yesterday from the Tokyo offices of law firm Paul Hastings: 'Paul Hastings advises on Japan's first securitisation of special event facilities (wedding and funeral) for Nomura Securities'.

'Paul Hastings is delighted to have been involved in a transaction of this kind with such a unique class of assets,' deadpanned one firm representative. 'We believe this deal will open up the present securitisation market to a much broader range of asset possibilities than the more traditional forms of receivables such as mortgages, consumer loans and credit cards.'