In this issue
May 24, 2010 Vol. 161 No. 7 / Fortune Asia

34 HOW TO REALLY FIX WALL STREET
The Washington debate has turned as toxic as the securities that sank the economy.
Here are six simple steps to help do the job right.
BY ALLAN SLOAN WITH DORIS BURKE

40 THE KING OF THE SPORTS DEAL
Steve Greenberg is the son of baseball Hall of Famer Hank Greenberg. He also
happens to be the biggest rainmaker in sports.
BY DAVID WHITFORD

50 AMERICAN MADE ... CHINESE OWNED
Companies from China are spending billions to build factories in the U.S.窶蚤nd
creating new jobs for American workers.
BY SHERIDAN PRASSO

58 FORTUNE 500 SERIES
SEEDS OF DISCORD
The most important biotech gene is about to go off patent. Monsanto, DuPont,
farmers, and the Justice Department are squaring off in a battle over the future
of the world's food supply.
BY ROGER PARLOFF

68 THE TEMPTATION OF FACEBOOK
For his new book, The Facebook Effect, Fortune contributor David Kirkpatrick
gained rare access to the company and CEO Mark Zuckerberg. In this excerpt,
Kirkpatrick reveals Zuckerberg's turmoil as he resisted billion-dollar offers
from a parade of moguls.

8 | LETTERS

76 | BING!

FIRST

9 | BY THE NUMBERS
Ultimate kickoff: the 2010 World Cup.
BY SCOTT CENDROWSKI

10 | THE CHARTIST
CSI: Wall Street窶杷inding the smoking-gun documents.
BY SCOTT CENDROWSKI

12 | EDUCATION
Apps 101, the hot course on campus: New computer classes help students cash in
on Apple's products.
BY DAVID A. KAPLAN

14 | WORLD'S MOST ADMIRED COMPANIES
Top performer New York Life.
BY BETH KOWITT

TECH

17 | STAR TECH
"Deal a day" websites are changing the way we shop窶蚤nd raising tons of venture
capital. Discounter Groupon is leading the way.
BY JESSI HEMPEL

18 | TECH MATE
Will online video rock the workplace? Our senior tech writers discuss.
BY JON FORTT AND MICHAEL V. COPELAND

INVEST

21 | INTERVIEW
Already revered as a market sage, Oaktree Capital chairman Howard Marks added
to his legacy by profiting during the crisis. Here's his outlook now.
BY MINA KIMES

24 | ANATOMY OF A TRADE
Noted mutual fund manager Mario Gabelli recently bought 800,000 shares of utility
National Fuel Gas as a cheap way to play America's energy future.

INTERVIEW BY MINA KIMES

VENTURE

27 | BATTLE OF THE BUSINESS PLANS
With a record-setting $1 million in prizes at stake, student entrepreneurs
competing at Rice University are determined to make the grade.
BY JOSH HYATT

Opinion

32 | Much-maligned big banks can gain Main Street cred by lending to small business
again.
BY BECKY QUICK

33 | How Obama plans to pay for his agenda: a little tax here and a little tax
there. It adds up fast.
BY NINA EASTON

47 | ASSIGNMENT DETROIT
A Michigan success story: Can Detroit learn from Grand Rapids' turnaround?
BY ALEX TAYLOR III

ON THE COVER

Photo illustration by Sean McCabe

[IMAGES]

TEN PHOTOS

TWO ILLUSTRATIONS