Word: aspenization
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Private groups have been helping this process. In partnership with the Overseas Private Investment Corporation and the Palestine Investment Fund, the Aspen Institute created the Middle East Investment Initiative, which uses loan guarantees to provide financing for medium-size Palestinian businesses. In two years it has facilitated 210 loans totaling $45 million, generating 3,514 new jobs. In addition, the group has created an affordable mortgage facility, which will help more than 10,000 families purchase homes. Aspen's U.S.-Palestinian Partnership is also helping create a venture-capital fund run by Israeli and Palestinian investors to finance technology start...
Elliot F. Gerson ’74 is American secretary of the Rhodes Trust and executive vice president of the Aspen Institute. A version of this article previously appeared in the Washington Post...
...beard should have given him away. When Bank of America CEO Kenneth Lewis returned from vacation in Aspen, Colo., last month, the clean-cut Southerner was sporting scruff for the first time in memory. That wasn't the last change he had in store: on Sept. 30, Lewis unexpectedly announced he will step down by the end of the year, leaving the giant bank scrambling to find a successor. The 62-year-old garnered plaudits as he climbed the firm's rungs over 40 years, but he has absorbed a series of blows for his stewardship of the company during...
...tiny but spectacular country of Montenegro? While many European resorts suffer from overcrowding, limited fresh snow and unskiable pine forests, Montenegro's mountains offer deep, light powder, virtually no people and acres of perfectly spaced beech trees. If your timing is right, these can rival Colorado's best aspen groves for a fraction of the cost. (See TIME's photo-essay "The Science of Snowflakes...
This week TIME and the Aspen Institute are convening the Aspen Health Forum to discuss the most critical issues in health care and medical science. We are bringing together more than 75 world-class scientists and thought leaders in Aspen, Colo., to explore and discuss everything from the science of sex to food for a new world. Guests include Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, and the best-selling author Dr. Deepak Chopra. For next week's issue, I will be interviewing heart surgeon and author Dr. Mehmet Oz for our regular...