Word: braved
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...vacuum; public debate and scrutiny of the effects of technology are sorely missing in our rah-rah culture. It's not merely possible to question the Information Age without throwing the proverbial loom in the river--it's one of the civic responsibilities we bear in a sometimes brave, sometimes frightening, new world...
Mercifully, some brave soul does eventually speak. Everyone then immediately looks up and gazes pensively into the middle distance, brows furrowed, nodding sagely. This one comment is all Harvard students need to get them going and before long we are locked in vigorous debate, comparing Aristotle, Levi-Strauss, Virginia Woolf and the early years of the Jackson Five. Our work here is done. Finally, it is time for lunch...
Salman Rushdie was a shameful choice to chronicle Gandhi's life. Rushdie has lived outside India for most of his life. He should not be the one writing about a brave, inspiring and selfless leader. Sure, Gandhi is not short of critics, but he stood firm against the greatest power of the time and saw the realization of a free and self-ruled India. RAJESH L. MAHTANI Hong Kong
What are the risks associated with a brave new world of Cayman Island trust funds and retirement accounts built on leverage? No one yet knows. But some suspect. Sholom Rosen, vice president of emerging technologies at Citibank, has what may be the perfect mantra: "It's definitely new, it's revolutionary--and we should be scared as hell...
Bank on this: if recent mergers serve as a guide to the future, the brave new world of financial services means higher costs for consumers, at least initially. The banking industry has rolled up six straight years of record profits, fed by massive consolidations and the application of new technologies. The industry's net income hit $59.2 billion last year, up 13% from 1996, with fewer but larger institutions. According to the FDIC, last year 599 bank mergers took place, reducing the number of banks to 9,143 from nearly 14,000 just 10 years earlier...