Political Appointments System in Hong Kong of HK$220,000 per month (US$28,000) is more than the salary of US Secretary of State Condoleezza Rice, and also more than Alan Greenspan earned as the chairman of the US Federal Reserve. A political assistant would earn more than what Tony Snow earned (US$ 14,000 per month) as the former White House Press Secretary. Political observer Michael Chugani said there was no "single credible reason why these novice politicians are being paid more than heads of state of some countries." Lau Ngai-keung was sceptical that political appointments would help to foster local political talent, noting that such appointees may earn
History of Stanford University Hewlett-Packard, Varian Associates, and other high-tech firms, until what would become Silicon Valley grew up around the Stanford campus. Terman is often called "the father of Silicon Valley." Terman encouraged William B. Shockley, co-inventor of the transistor, to return to his hometown of Palo Alto. In 1956 he established the Shockley Semiconductor Laboratory. Unhappy employees from Shockley's company formed Fairchild Semiconductor and other companies eventually spun off from Fairchild. The biological sciences department evolved rapidly from 1946 to 1972 as its research focus changed, due to the Cold War and other historically significant conditions external to academia. Stanford science went