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...School professor and chair of the Program on Negotiation. “We thought that Christo and Jeanne-Claude had done this a number of times.” The artists have enjoyed widespread popularity and even support from New York City Mayor Michael R. Bloomberg when working on “The Gates.” But not all communities initially appreciated their proposals, which often asked for permission to create—and then dismantle—large structures on private property. “Running Fence,” one of Christo and Jeanne-Claude?...
...repay the principal amount plus interest later. The coupon rate of variable-rate bonds is tied to the market interest rate. Princeton, which had issued $200 million worth of variable-rate bonds, has seen interest rates on some of its bonds quadruple in the past week, according to Bloomberg News. Princeton’s Controller Kenneth Molinaro told the News that the increase is costing the school about $8,000 per day. With nearly eight times as many variable-rate bonds issued, Harvard could potentially be losing significantly more. The rate increases at Princeton can be partially attributed...
...Additional photo credits -- Paulson: AP; AIG Ticker: Andrew Harrer / Bloomberg / Landov; Lehman: Getty; Federal Reserve Bank of New York: AP; Foreclosure: AP; AIP sign: Getty; Dow Jones...
Over the course of his 18-month journey, the Solartaxi has accrued a considerable following, attracting the attention of media and luminaries from around the world. Palmer has chauffeured various guests, from Jay Leno in Los Angeles to Mayor Michael R. Bloomberg in Bali to the U.N. Secretary General Ban Ki-moon in New York...
...three Lasker Awards—known informally as the “American Nobel Prizes,” because 75 laureates have gone on to receive the Nobel Prize in Physiology or Medicine—will be presented at a ceremony featuring New York City Mayor Michael R. Bloomberg as the keynote speaker on Sept. 26. The prize in each category...