1. From Ivy Halls to the Garden, Surprise Star Jolts the N.B.A.
The New York Times February 7, 2012
New York’s newest basketball sensation spends most nights on a couch in a one-bedroom apartment on the Lower East Side. The housing choice is understandable once you get to know Jeremy Lin.
He is a Harvard graduate playing in the National Basketball Association. He is an Asian-American in a league devoid of them, which makes him doubly anomalous. No team drafted Lin in 2010. Two teams cut him in December, before the Knicks picked him up.
His contract, potentially worth nearly $800,000, was not even guaranteed until Tuesday afternoon. So for the past six weeks, Lin, 23, has been sleeping in his brother Josh’s living room, waiting for clarity and career security.
“He has his own couch,” Josh Lin, a New York University dental student, said cheerfully.
He should be able to reclaim his living room soon enough.
Jeremy Lin’s utterly distinctive, mostly transient N.B.A. existence has taken a rather sudden turn over the past few days.
On Saturday night, Lin came off the bench and powered the Knicks to a 99-92 victory over the Nets at Madison Square Garden, scoring a career-best 25 points with 7 assists. Two nights later, he made his first N.B.A. start and produced 28 points and 8 assists in a 99-88 win over the Utah Jazz.
2. Evergreen founder to donate entire fortune
The China Post February 8, 2012
Philanthropist Chang Yung-fa (張榮發), the founder and chairman of the Evergreen Group (長榮集團), pledged yesterday to give away all his wealth, approximately NT$50 billion (over US$1.69 billion), primarily via the Chang Yung-fa Foundation.
A 2011 Forbes estimate put his net worth at NT$50 billion.
Evergreen's billionaire founder, 84, told local media that he is worried about the increasing poverty in Taiwan, and encouraged everyone to chip in for charity. A life punctuated with charitable endeavors and good works can be sublime, Chang said.
“I will give the total amount of my money to charitable causes. My children have shares in stock holdings to sustain themselves, and if they want more they have to earn it through hard work,” Chang said.
In a new oral autobiography, Chang chronicles his firm dedication to philanthropy and view that corporation responsibility should give back to the society.
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