Word: bernstein
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Dates: during 2000-2009
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...Peter L. Bernstein was 70 and had led a full life. An intelligence officer during World War II, he later taught economics, ran an investment firm and edited the wonky but influential Journal of Portfolio Management as a flood of new academic research transformed investing in the 1970s...
Stanley Drucker was still a teenager when he joined the New York Philharmonic as a clarinetist in 1948. More than 10,000 concerts later, Drucker is now the longest-serving member in the renowned symphony's 167-year history. Named principal clarinet by conductor Leonard Bernstein in 1960, Drucker holds the Guinness world record for the longest career of any clarinetist. On July 31, Drucker, now 80, will make his final appearance with the philharmonic in Vail, Colo. He spoke with TIME about his career, the future of classical music and the performances he'll always remember...
...Russian violinist] David Oistrakh at its premiere in 1956 at Carnegie Hall. It was an amazing sound. A high point for me was doing the Freedom Concert in East Berlin, when we did Beethoven's Ninth Symphony on Christmas morning in 1989. The wall was coming down, and Leonard Bernstein changed the German text in the Ode to Joy from "joy" to "freedom." It was a very moving experience. You heard hammers and pickaxes from the concert hall...
...Watergate wasn't about a tip. It was about extensive reporting and getting information you can put in the paper.' BOB WOODWARD, the reporter who broke the Watergate story with fellow Washington Post scribe Carl Bernstein, saying Phelps' account "falls in the category of history, what...
...allowed to pay back TARP funds until they can raise money on their own. Some banks have been able to venture out into the market on their own, but the rates they are now paying investors - without government backing, that is - are significantly higher. Analyst Brad Hintz of Bernstein Research estimates that JPMorgan, one of the healthiest banks, will have to pay three percentage points more per year to borrow without the FDIC guarantee. That would boost the interest JPMorgan has to pay on five-year loans to 6%, from an FDIC-backed rate of 3%. For Goldman, the cost...