Word: beare
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...June 9]. How dare Michael Elliott refer to "the chattering classes of London'' who think of Blair as smug. I think you'll find this is a common view, echoed from Lands End to John o'Groats, and with very good reason. Blair's ideas detailed in this article bear little difference from much of his work as British Prime Minister; hollow, disingenuous and designed to give him a godlike status. His deeds - and those of his unelected inner circle of cronies - have left the British public with little faith in politics and politicians, let alone religion. Colin Wright, County...
Like everything else Ando does, this building calls to mind the delicacy and simplicity of traditional Japanese architecture. That he achieves that effect with concrete is the ever charming paradox of his work. But in that way, his buildings bear the mark of two 20th century Modernists he admires, Le Corbusier and Louis Kahn, who found in concrete an opportunity for blunt majesty and even a kind of lyricism. The minimalist Modernism that Ando practices may not be in vogue these days. But in the right hands, it still works wonders...
...hedge-fund manager David Einhorn explain to an audience what had gone wrong with Wall Street. Packaging home loans into securities was a "mediocre idea," he said. Repackaging those securities into yet other securities was a downright bad one. Credit ratings were a joke. Investment banks--he mentioned Bear Stearns and Lehman Bros. by name--took too many risks and disclosed too little...
...much of the speech at the time. One could hear similar critiques every day from finance professors, regulators and even some Wall Street executives. Yet there turned out to be a crucial difference: Einhorn was actually doing something about it, betting that the gig would soon be up at Bear and Lehman by selling their shares short...
...that he has now largely won. With Bear Stearns, which the Federal Reserve forced into a fire sale to JPMorgan Chase, he cashed his checks quietly. But in the case of Lehman Bros., Einhorn engaged in a riveting public campaign to goad the firm into confessing its shortcomings. In mid-June, it more or less did. Einhorn, 39--a soft-spoken, baby-faced hedge-fund manager previously best known for winning $659,730 at the 2006 World Series of Poker--had briefly made himself the most important crusader for financial morality on Wall Street. Which may say less about...