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...emotional vectors of their relationship are both constant and complex. When Giammetti pursues one line of argument, Valentino huffs, "Once you get an idea in your head..." "And you're not stubborn?" asks Giammetti. "No," Valentino insists. A pause. "Almost never." Yet everyone in the couture world knows that each is an incomplete half of one fabulous organism. Even Giammetti is impressed: "I've never seen two people so close for so many years, not being married." For the designer of couture inspired by American movies, it's only fitting that he and Giammetti should live out an old-fashioned...

Author: /time Magazine | Title: Ode to a Fashion Legend, Valentino: The Last Emperor | 3/18/2009 | See Source »

...playbook for gaming the Administration and Congress. Henry Paulson and his associates were led to believe, perhaps rightly, that if AIG failed it would cost other financial companies so significantly that the government would have to bailout almost every large financial firm in the country. GM's argument is even simpler. A liquidation of the car firm would probably cost tens of thousands of jobs at the company, and many times that at suppliers. That argument is also old, but with the chance of liquidation in the next few months becoming more likely, it refreshes the strength of the logic...

Author: /time Magazine | Title: General Motors Checkmates Obama in Two Moves | 3/18/2009 | See Source »

...argument on the part of the investment houses is simple. If they cannot pay their best people competitive salaries, they will leave. The top 1% may be able to get work at hedge funds or private equity firms, but the financial industry is so crippled by the events of the last two years, that almost no companies in the industry are hiring. Wall St. pay caps may not be fair, but they are not going to drive talent out of the industry. The people working at the banks need the money and the jobs too much...

Author: /time Magazine | Title: The Idiot's Parade Down Wall Street | 3/17/2009 | See Source »

...Either way, you're going to make a mess, and surprisingly fast. Volkow points out that even without increasing dopamine output, modafinil blocks the re-uptake of more than half the amount the brain naturally releases. "This completely negates the argument that modafinil has no dopaminergenic effect," she says. "It does have the drug signature required to produce addiction." The safe party drug, once again, is not nearly as safe as it seems...

Author: /time Magazine | Title: Safety Concerns Raised Over Popular Wakefulness Drug | 3/17/2009 | See Source »

...Yardfest, an annual debate immediately took over House email lists and dining hall chatter. Some agreed with the picks, and some paid no attention, but naysayers held up the announcement as the most recent example of the CEB’s ineptitude. It seems crazy, the argument goes, that if Brown can get Nas and Of Montreal for their Spring Weekend, Harvard must settle for Third Eye Blind and Gavin DeGraw (and when given the opportunity to host Girl Talk, the Yard was left with little music and a near-riot). However, the CEB and the HCC, which are, together...

Author: By Alexander J. Ratner, CONTRIBUTING WRITER | Title: Yardfest, Unfenced | 3/17/2009 | See Source »

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