Every country gets the Internet pundit it deserves.
In the U.S., where people love a good scandal, cyberscribe Matt Drudge dishes celebrity and political dirt with The Drudge Report. Yet it provides, with an investigative flair, a rare illuminative glimpse into the darker corners of Hong Kong corporate culture. Webb's exhaustive sleuthing through the disclosure statements and financial reports of listed companies has yielded what is best described as an online collection of cautionary financial case studies. In painstaking detail, he unravels paper trails and connects the dots to reveal how business barons engineer windfall profits, often by shuffling assets at inflated share prices among related holding companies. It's my pro bono work for the investment community.