Word: apartement
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...private equity and leveraged buyouts don't work, and even if the credit crisis I'm predicting doesn't happen - even if the economy recovers and some of the companies can refinance and push their debt off - the core practice is still destructive. Many of these companies will fall apart anyway. In the 1980s, when Michael Milken was funding buyouts, 52% of the biggest 25 companies acquired ended up going bankrupt. I did a study of the 1990s, ideal economic times, and with 6 of the 10 biggest buyouts, the companies clearly were worse off 10 years later. In three...
...spent the entire flight riveted by that 600-page bundle of paper. "I kept thinking, Well, she can't possibly sustain this," Tingley remembers. "The whole book is going to fall apart. She's a first-time writer. I was with a colleague, and he was trying to sleep, and I kept pulling him awake and reading passages to him." (See TIME's photo-essay "90 Years of Vampires on the Screen...
...werewolf played by Taylor Lautner. It helps that Lautner has transformed his abdominal muscles into something resembling armor plate for the role. "I wonder if I might have gone one shirtless scene too many," Weitz says. "Of course, once they turn to wolves, any clothes they're wearing split apart. It's an economic incentive for the disadvantaged Quileutes that they not have to keep going to Target to buy new T-shirts." (See pictures of werewolves in movies...
...Apart from his wife, the pivotal figure in Carver's adult life was Gordon Lish, an influential fiction editor at Esquire magazine who later became a power in book publishing. In 1970, when Carver was 32, Lish gave him his first crucial exposure in Esquire--but at a price. He revised Carver's manuscripts extensively, cutting out whole pages, changing titles, expelling lyrical passages and moments of uplift. The result was a set of stories more terse and elliptical than the originals, more "minimalist," which was how Carver's early style came to be known...
...treehouse above his office - recalls in a recent book how managers at Caltech's Jet Propulsion Laboratory (JPL) noticed the younger engineers lacked problem-solving skills, though they had top grades and test scores. Realizing the older engineers had more play experience as kids - they'd taken apart clocks, built stereos, made models - JPL eventually incorporated questions about job applicants' play backgrounds into interviews. "If you look at what produces learning and memory and well-being" in life, Brown has argued, "play is as fundamental as any other aspect.'' The American Academy of Pediatrics warns that the decrease in free...