Word: beare
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...Bear's Mighty Fall I read with dismay Justin Fox's "The Bear Trap," about the collapse of investment bank Bear Stearns [March 31]. The market crisis is especially unsettling because it is self-inflicted. Over the past two decades, through the crippling process of outsourcing, we have relinquished our leads in manufacturing, engineering and technology. If we lose our status as the world's financial beacon, we will surely inch closer to becoming a nation of two dimensions: a bloated military power that consumes voraciously and produces little. Robert Winkelmann, Amityville, New York...
...Pullman's Golden Compass, where every human is accompanied by a talking-animal soul mate called a daemon. It's a prequel, the story of how a young and not-yet-grizzled Lee Scoresby, gunslinging aeronaut extraordinaire, and his rabbit daemon, Hester, first met up with armored polar bear Iorek Byrnison. Nobody writes dialogue for gunslingers like a Brit: "Damn, Hester," Scoresby says, "you don't hit a drunk man with a stick." And, of course, nobody anywhere writes dialogue for bears like Pullman...
...arranged sale of about-to-fail Bear Stearns in mid-March and its subsequent decision to extend credit to other investment banks over which it has no regulatory say have been major prods to discussion. Both House Financial Services Committee chairman Barney Frank and Treasury Secretary Hank Paulson have since suggested that the Fed be given power to snoop around such institutions in search of market-endangering risks. Frank and presidential candidate Barack Obama have also talked of replacing the hodgepodge of federal and state regulatory agencies with a simpler and less loophole-ridden structure--and on March 31, Paulson...
...distinctly patriarchal feel of the Masters. The tournament's defining image of the 1980s was Jack Nicklaus' victory in 1986, when he took the unusual step of choosing his son to carry his bag, rather than a professional caddy. An indelible memory of Woods' victory in 1997 was the bear hug he gave his waiting father behind the 18th green. And, of course, at the award ceremony, the winner is not given a trophy but instead is presented with a green jacket by the previous year's champion - more a rite of initiation than an accolade. (Even at Augusta, however...
...transfer applicant, nor do I mean to create an overly broad or unreal dichotomy between them and four-year students. I admit this theory may not bear out in every case. But it seems undeniable that as the feeding frenzy thrashes each year with more intensity and less good sense, Harvard stands to lose quickly more than a handful of NYU sweatshirts. Rather, a precious and still-resilient resource may become endangered: the supply of congenial, self-satisfied enrollees more interested in making friends than meeting recruiters or Pulitzer winners. What, then, will we tell applicants worried that the stodgy...