Billionaires Make Killing Amid China Murder Tale
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April 18 (Bloomberg) -- It’s the rare scandal that involvesmurder, corruption, Harvard University and comparisons toJacqueline Kennedy. The Bo Xilai kerfuffle now mesmerizing Chinaoffers all this and perhaps more: It could forever change anentire political system.
Until March 15, Bo was the top official in the southwesternmegacity of Chongqing and a political rock star. The 62-year-oldwas poised to join the Politburo Standing Committee, the nine-member group that exercises supreme power in China. Then, poof,his political fortunes vanished amid charges of “seriousdiscipline violations” and a variety of racy rumors.