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There is, however, an oasis of calm amid all the chaos: the Maison d'Hôtes Dubai hotel. Forget aqua-aerobics, 24 hour bars and tennis on the roof (for that you'll need to go to the Burj Al-Arab). Instead, the Maison comprises just three villas grouped around a garden with palm trees, two swimming pools and an outdoor restaurant serving fine French food - thanks largely to the two French women who opened the hotel...

Author: /time Magazine | Title: Dubai's Great Escape | 7/3/2008 | See Source »

While the returns fall short of last year's exceptional 23 percent performance for the full 12-month period, they are comparatively strong given that they come amid a bear market that has seen the S&P 500 index, a standard baseline for stock-market performance, lose eight percent during the same July to April period...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERS | Title: Harvard Endowment Posts 9 Percent Return in 10 Months | 7/1/2008 | See Source »

During his 22-month tenure, El-Erian was tasked with bringing stability to an organization rocked by the 2005 departure of its long-time CEO Jack R. Meyer, who left with a large fraction of HMC's staff amid heated criticism over multimillion dollar compensation packages for him and his top money managers. Meyer and several of his former lieutenants now run the Boston-based hedge fund Convexity Capital Management...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERS | Title: Harvard Endowment Posts 9 Percent Return in 10 Months | 7/1/2008 | See Source »

...that diverted $1 (since raised to $3) from the U.S. Treasury. Candidates were offered large lump sums to cover expenses related to the general election, so long as they agreed not to collect private donations or spend money raised for primary contests. As Watergate unfolded between 1972 and 1974, amid allegations (later substantiated) that Richard Nixon used large campaign contributions for illegal purposes, Congress amended the public finance laws to limit individual contributions and provide primary candidates with matching funds on small donations. The new legislation also set up the Federal Election Commission...

Author: /time Magazine | Title: Campaign Financing: A Brief History | 6/30/2008 | See Source »

Back on the campaign trail late last year, amid snowdrifts and ice storms, candidate Tom Tancredo spoke often about the possibility of defecting from the Republican Party if its eventual nominee failed to meet his benchmarks of conservatism, most importantly a zero-tolerance policy for undocumented immigrants...

Author: /time Magazine | Title: McCain's Delicate Immigration Dance | 6/30/2008 | See Source »

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