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...Broad said that the endowment created by him and his wife would cover only about $20 million of the institute’s annual $150 million budget, the rest of which would continue to be filled by federal grants. “So we made this $100 million bet, then a $200 million dollar bet,” said Broad, a well-known philanthropist whose net worth is just under $6 billion, according to Forbes magazine. “Now we’re making a $600 million dollar bet that this will be the place in the world where...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Founding Couple Gives $400 Million to Broad Institute | 9/9/2008 | See Source »

...Soon he started making good on my bet. Within a few years, Rourke had won starring roles in a bunch of fascinating weirdies: Francis Coppola's Rumble Fish (Mickey was Motorcycle Boy), The Pope of Greenwich Village, Michael Cimino's Year of the Dragon, the S-M erotic drama Nine 1/2 Weeks (with Kim Basinger, who also made a comeback at Venice in The Burning Plain), the satanic thriller Angel Heart (De Niro was the Devil), as a gangster in Elephant Man makeup in Johnny Handsome and a lowlife genius in a film of Charles Bukowski's Barfly directed...

Author: /time Magazine | Title: The Wrestler: Mickey Rourke's Comeback | 9/6/2008 | See Source »

...coming up with an unusual arrangement to ensure a steady flow of big fish. Macau casinos attract most of their wealthy clientele by working with junket operators, companies that function like specialized travel agencies. By maintaining close ties to high-end gamblers and often providing them with credit to bet, junket operators funnel traffic to the casinos, which pay them commissions. Macau has scores of independent junket operators, making business unpredictable. Ho figured out a way to get a core group of operators to act as consistent suppliers. In December 2007, he formed a partnership with an affiliate...

Author: /time Magazine | Title: Chip off the Old Block | 9/4/2008 | See Source »

...made this $100 million bet, then a $200 million dollar bet,” said Broad, a well-known philanthropist whose net worth is just under $6 billion, according to Forbes magazine. “Now we’re making a $600 million dollar bet that this will be the place in the world where the greatest scientific discoveries will take place...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: With $400 Million Gift, Future Secure for Harvard-, MIT-Affiliated Broad Institute | 9/4/2008 | See Source »

...idea - sure to be floated - that the avowedly antiabortion Palin might have pressured her poor daughter to ruin her life by carrying an unwanted baby to term, I wouldn't bet on it. The Palin family seems to share the same pro-life values going as far back as anyone here can remember, and it wouldn't be at all surprising if Bristol wore those values, however imperfectly, as her own. At least, that's what the town thinks. And Wasilla, above all, is pretty sensible. (See photos of Sarah Palin here...

Author: /time Magazine | Title: In Wasilla, Pregnancy Was No Secret | 9/1/2008 | See Source »

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