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...Gerald Schoenfeld, 84, chairman of the Shubert Organization since 1972, helped bring numerous shows to Broadway, including Cats and A Chorus Line. The group owns 17 Broadway playhouses, plus one off-Broadway, and theaters in Boston, Philadelphia and Washington...
Freddy, who proved to be a far smarter businessman than I had expected, was way into the new plan. "It's always a good idea to come up with new products," he said. He thought, however, that we should bring the price down to 16 córdobas, which is about 80˘. But Freddy assured me that in his neighborhood, that price would still make our cupcakes obnoxious luxury items. He also suggested that we tweak the name of the shop to Freddy and Joel's Extreme Cupcakery, since Freddy claims he's better known than I am in Managua, which...
Before I got off the phone, I asked the translator to quietly try one of Freddy's pastries to make sure I didn't have to bring in a new head chef. "It's delicious," she said. "It's like a crunchy flattened glazed doughnut." I asked if it could possibly be as good as a fresh chai cupcake. "For pastries that don't have icing, this might be a topper," she said...
...smart piece in this week's issue about Barack Obama's economic plan. Speaking of economics, TIME and FORTUNE will present the Fortune 500 Forum in Washington Dec. 1-3, featuring, among others, U.S. Treasury Secretary Hank Paulson and Federal Deposit Insurance Corporation chair Sheila Bair. The conference will bring high-ranking executives of America's leading companies together with top policymakers, including former Secretary of State Madeleine Albright and Pennsylvania governor Ed Rendell, to talk about the intersection between the government and the economy. As we have been reporting week in and week out, this is issue...
...Obama. In addition to Mankiw, past CEA chairs include Federal Reserve Chairman Ben S. Bernanke ’75 and economics professor Martin S. Feldstein ’61. Harvard Kennedy School professor Jeffrey A. Frankel said that Romer, a highly-regarded scholar of monetary and tax policy, will bring more skills to the job than just her intellectual firepower. “Not all academics make good policy makers,” Frankel said. “But she’s got—besides her academic intelligence—all the other things you need...