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...We’re not pushing the panic button,” Stone said. “We learned a good lesson today. We understand that we all have to be ready to go. But for us to try to change what we’ve done all year—what we’ve done all year has worked for us. It may not have worked today, but I like our chances as we go forward...
Unprecedented bid inflation ensued. Talia J. Rosenberg ’06 was introduced by the emcees and did her thing on the runway in a conservative, white button-down and a sexy, black velvet skirt. Several guys were helplessly enraptured. Rosenberg’s admirers competed for the pleasure of her company by shouting out bids upwards of $100 as the crowd cheered them on. Her friend and co-worker at the Harvard AIDS Coalition prevailed, laying down a hefty $112 for a single date...
...more than a couple of months. Others say the real danger is not that the U.S. would stay too long but that it wouldn't stay long enough. Democracy, says Amin Huweidi, a former Egyptian ambassador to Iraq, can't be imposed on Iraq "with the push of a button. It's a building-up process that takes a long time." Many Europeans agree and see in Afghanistan the unsatisfying results of Washington's last invasion: a country still far from stable, democratic or even peaceful, now threatened with being forgotten after its own "liberation." In fact, Bush...
Stock options are another Buffett hot button. While that Sun Valley conference was under way last summer, Coke's board voted to begin treating the options it grants to executives and other employees as an expense that reduces reported earnings--which is how Buffett and increasingly others say they ought to be accounted for. Coke was just the third large company to make the change, preceded years earlier by Boeing and Winn-Dixie Stores. Since Coke made the move, about 150 others have piled on. The Financial Accounting Standards Board is widely expected to begin requiring such treatment of stock...
...Scott Cuming converted an oversize closet in his San Antonio, Texas, home into a laundry room--miniature kitchen--wine cellar. "Our kitchen's incredible, but people migrate into the laundry room," says Cuming. "You can go in there and make your own coffee with the push of a button. It's inviting...