Word: ben
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...rarity, some of these academics have attracted wide followings--admittedly, among those who can laugh at supply-demand curves. Yoram Bauman, a professor at the University of Washington, bills himself as the World's First and Only Stand-Up Economist*--but insists on the asterisk to honor exceptions like Ben Stein, who played the stupefyingly boring teacher in Ferris Bueller's Day Off. Bauman does a killer parody of Greg Mankiw, chairman of George W. Bush's Council of Economic Advisers, a YouTube video of which has been watched 500,000 times. He's also the subject of a Facebook...
...have been a rude awakening for many. "No one expected the problems to run this wide and deep," says a Harvard Ph.D. in attendance. "It's chilling." That's why many of the more accessible jokes of the evening involve bashing U.S. Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, President Bush and just about everyone on Wall Street. "Italian Mafia are gangsters who make offers you can't refuse, whereas financial mafia are bankers who make you loans you can't understand," jokes Bauman. "I'm not sure which is worse...
...economy is booming: the market in Obama kitsch. The dedicated supporter of the incoming President need not content himself with a T shirt or bumper sticker. Also available are Obama coasters, lava lamps, jigsaw puzzles, mugs, skateboards, toy trains, CDs, DVDs and, of course, commemorative dinner plates. Ben & Jerry's is introducing a Yes Pecan flavor in honor of Obama's campaign slogan, and Marvel Comics is running a special Inaugural issue of Spider-Man. Pepsi has created the Pepsi Optimism Project with a red, white and blue logo almost identical to Obama's sunrise button. And Obama's face...
...former executive producer at ABC's Good Morning America and a senior broadcast producer at NBC Nightly News, Ben Sherwood has written a new book, The Survivors Club: The Secrets and Science That Could Save Your Life, that discusses, among other things, what you can do to survive a plane crash. Sherwood talked to TIME shortly after a US Airways flight made a crash landing in the Hudson River. (See pictures of the Hudson River plane crash...
...thought Geithner had been captured by his constituents - the heads of the largest banks and investment firms in New York, most of whom were leveraged to the hilt and deeply vulnerable to turmoil in the mortgage-backed-securities market. But Geithner's view prevailed that week with his boss, Ben Bernanke. A few weeks later, the Fed slashed its key interest rate by half a percentage point, and soon it was trying to figure out other, less conventional ways to deal with the growing crisis in the global credit markets. It has been frantically trying to contain that crisis ever...