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...think of. Earlier this year, for instance, Hall and his traders rented a tanker and filled it with 1 million barrels of oil. Oil prices were down, but most traders thought they were going up again, so futures contracts pegged to distant-month deliveries were expensive. The better deal was the real thing, and with the shipping business mired in the recession, Hall was able to get a tanker to park offshore somewhere with his oil for a very modest sum. "You were able to get a better price if you were willing to take possession of the actual commodity...

Author: /time Magazine | Title: How Citi's Andrew Hall Made $100 Million Last Year | 10/19/2009 | See Source »

...Internet is teeming with whimsical websites that really don't do very much. Or, better said, they do simply what their straightforward domain names advertise. Wondering if this week's episode of Lost is new? Check IsLostARepeat.com. Curious about New York's skyline tonight? Visit WhatColorIsTheEmpireStateBuilding.com. Stumped in the kitchen? Maybe HowtoBakeAPotato.com could help. And if you're ever in need of an ego boost, AmIAwesome.com might restore your swagger (the site's response: VERY...

Author: /time Magazine | Title: Where's Balloon Boy? Ask the Web | 10/19/2009 | See Source »

...Harvard's financial aid programs, got excited about the Internet revolution and studying slavery, and smoothly dodged (not rigorous) inquiries about the University's financial conundrum. As one frequent Harvard pundit and critic remarked: "The president has spiffed herself up a lot, she’s dressing better, and somehow she looks younger. Botox? Cosmetic surgery? Or just great TV makeup...

Author: By Peter F. Zhu | Title: Our Fearless Leader on the Tube | 10/18/2009 | See Source »

...world more successfully engaged with relativity, QM’s better-behaved older brother. While concepts like warped space-time are hardly possible to visualize, its effects are easier to understand. When the theory became famous in 1919, it had a significant effect on the art world (see Kandinsky circa the 1920s). The way the theory forced us to reconsider our everyday concepts of space and time radically altered our renderings of them through...

Author: By Adam L. Palay, CONTRIBUTING WRITER | Title: Keats & Quanta: The Cat Is Dead | 10/16/2009 | See Source »

...Islamic world, he quoted the Koran several times and even started with the Islamic greeting, “salaam aleikum.” The clash of Western and Islamic countries marks a major fracture in international peace. Thus, Obama’s stated desire to gain a better understanding of Islamic culture is a big step forward for everyone. Speaking in places such as Ghana and Germany, he has made a similar effort to change people’s entrenched assumptions about conflict in many regions...

Author: By Anita J Joseph, CRIMSON STAFF WRITER | Title: DISSENT: Presidential Power | 10/16/2009 | See Source »

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