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...Amazon's stock took a hit in the wake of the iPad launch and book-pricing dispute, falling 9%, although it has since partially recovered. Some analysts believe the sell-off was overblown. "I think the Street is making a bigger noise out of it than it really is," says Khorsand...

Author: /time Magazine | Title: Amazon Outlook Bright Despite New Threats | 2/5/2010 | See Source »

...financial firms. Citigroup's current chief executive Vikram Pandit, too, has said he believes banks need to start curtailing their riskier activities. In November, speaking to business students at Washington University in St. Louis, Mo., Pandit said that unlike with other financial crises, proprietary trading played a much bigger role than underwriting in the recent credit crunch that nearly brought down his firm. "It makes sense to me that you don't take deposits as an institution and turn around and run a hedge fund," he told students...

Author: /time Magazine | Title: Is Proprietary Trading Too Wild for Wall Street? | 2/5/2010 | See Source »

...largest firms that survived the crisis. Could one argue that financial firms need to get bigger, not smaller? There is no evidence that large, multiplatform banks are more efficient or able to sustain risk than smaller banks. When I was on Wall Street, we used to have at least 20 firms that competed in the market. My book is the story of how Wall Street started as a group of small firms, and how those firms maneuvered to survive and prosper, but in the process, most either failed or were swallowed up by others. The net result has been...

Author: /time Magazine | Title: An Ex–Goldman Partner Lets Loose on Wall Street | 2/2/2010 | See Source »

...Arts Task Force] definitely had a large psychological influence on the company,” said James C. Fuller ‘10, former director of the Harvard Ballet Company. “One of the reasons we felt inspired and encouraged to take on the bigger space [i.e. the Loeb Mainstage for “Momentum,”] was because of the statement of confidence in the arts by the Task Force and the Harvard administration...

Author: By Marissa A. Glynias and Minji Kim, CRIMSON STAFF WRITERS | Title: A Call to Arts | 2/2/2010 | See Source »

...housing them for eight hours, without truly teaching or imparting knowledge, and then releasing them back into the custody of their parents or guardians. They were more interested in maintaining eight-hour babysitting facilities than running schools. Rather than confronting and truly aiding these children in discovering the bigger motivational, psychological, and emotional factors that were causing them to act out academically or otherwise, these administrators were quick to scream, intimidate, and channel the children to uniformed officers for reprimand. This treatment served to desensitize them to the fear of authority or detention, and began preparing them for a life...

Author: By C. FRANK IGWE | Title: Broken Schools | 2/1/2010 | See Source »

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