September 2, 2013 / Fortune Asia / Volume 168 / Number 4

34 THE GRAY ART OF NOT QUITE INSIDER TRADING
Scores of arrests and the indictment of SAC Capital have Wall Street spooked. But what’s the crime exactly? The SEC and the Supreme Court disagree. So nobody’s sure―and that’s how regulators like it.
BY ROGER PARLOFF

43 FORTUNE’S FANTASY EXECUTIVE LEAGUE
THE STARTING LINEUP
Our 2013 squad brings digital skills, financial smarts, and global perspective.
BY GEOFF COLVIN, CRAIG GIAMMONA, DAVID A. KAPLAN, MICHAL LEV-RAM, STEPHANIE N. MEHTA, DANIEL ROBERTS, AND ANNE VANDERMEY

(BREW) MASTER OF THE UNIVERSE

46 CEO Carlos Brito plans to keep Anheuser-Busch InBev, the world’s largest beermaker, on top.
BY DANIEL ROBERTS

52 THE REDEMPTION OF CHARLES PHILLIPS
How the CEO of Infor is reinventing his company―and himself.
BY MICHAL LEV-RAM

58 QATAR TAKES OVER THE WORLD
Fueled by vast energy riches and run by an ambitious group of young leaders, the tiny Arab nation is investing its wealth around the globe.
BY VIVIENNE WALT

8 FIRST
Closer Look
Wall Street gets into the flood-prevention business.
BY RYAN BRADLEY

10 FIRST
Briefing
Could a supercomputer beat cancer?
BY BRIAN DUMAINE

10 FIRST
Word Check
The meaning of ”wasa.”

11 FIRST
Education
How Aramark is silently taking over student dining.
BY LAUREN SILVA LAUGHLIN

12 FIRST
Good Advice
Warren Buffett’s billion-dollar memo to the Washington Post Co.
BY STEPHEN GANDEL

13 FIRST
Face to Face
The world’s largest architecture and design firm features three CEOs.
BY RYAN BRADLEY

14 FIRST
New Energy
With a wave of new models in the pipeline, automakers are betting that the hydrogen car’s time has finally come.
BY BRIAN DUMAINE

16 VENTURE
How I Got Started
Patrick Leon Esquerré’s La Madeleine married American convenience to French food and took off in the South.

INTERVIEW BY DINAH ENG

21 TECH
Brainstorm Tech 2013
Smart takes from Fortune’s conference with the brightest minds in tech.

28 INVEST

Markets
Lending Club is backed by Google and could be the next hot IPO. Here’s why it might make sense for you.
BY JESSI HEMPEL

30 INVEST
Face-Off
Will the return of its former CEO lift J.C. Penney’s shares?

6 Editor’s Desk

64 Bing!

INSIGHTS

31 Allan Sloan

Obama introduces a new game: fake bipartisanship.

32 John Cassidy

A cautiously optimistic take on our bipolar economy.

33 Becky Quick

A snack maker’s unsavory business practices.

CORRECTIONS: ”Europe’s New Iron Lady” (Aug. 12) incorrectly described the Chancellery building as being near the Rhine; it is on the Spree River in Berlin. And an umlaut was incorrectly placed in former chancellor Helmut Kohl’s last name. In Editor’s Desk (Aug. 12), we failed to credit the photograph. The photographer is Rebecca Greenfield. Fortune regrets the errors.

ON THE COVER Photograph by GEOF KERN

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