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Behind each twist and turn of last year's financial crisis was a small club of (mostly) men--many of them friends, plenty more rivals--who determined, often by the seat of their pants, how events would unfold. In Too Big to Fail, Sorkin, a New York Times reporter, takes us inside the cozy world of Wall Street chieftains and their Washington alter egos. Why did the U.S. Treasury Department ask Congress for $700 billion in bank-bailout funds? Because $500 billion felt too small and $1 trillion politically impossible; one staffer, charged with justifying the figure, laughed...
From his perch on the ultra-posh side of the income distribution, Griffiths sounded piggish. But is there anything to his statement? Will big profits and bonuses at Wall Street firms really bring greater prosperity and opportunity for all? (See the top 10 crooked CEOs...
Though it's been almost three decades since the last Gorky retrospective, the big new show at the Philadelphia Museum of Art was worth the wait. Organized by Michael R. Taylor, the museum's curator of modern art, it has final galleries so triumphant, you want to throw your hat in the air, even though you know - and how could you forget? - that this is a story that will end where it began, in darkness. (Watch TIME's video about Arshile Gorky...
Although the Harvard men’s hockey team (1-2, 1-2 ECAC, 1-1 Ivy) took a 3-1 lead in the first two periods against the Big Red (3-0, 3-0 ECAC, 2-0 Ivy), the Crimson yielded four goals in the final frame, ultimately succumbing to long-time rivals No. 5 Cornell, 6-3. Saturday’s defeat at Lynah Rink was Harvard’s second loss of the weekend in which the team held an early advantage...
Although the Crimson led 3-2 upon entering the third period, Cornell slammed in three goals in the first ten minutes of the final frame, pulling ahead of the Crimson, 5-3. The Big Red’s Joe Devin struck twice, putting the puck past Crimson netminder Ryan Carroll at 2:27 and 5:59 into the period...