Word: chairmans
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...that kind of scientist is a lot more fun to hang out with than the sort that never leaves their laptops. They're spiritual descendants of the polar explorers who crossed the ice over a century ago with dogs and sleds and little else, who - as Rajenda Pachauri, the chairman of the Intergovernmental Panel on Climate Change and one of our traveling group, says - "never knew whether they'd come back alive." Sometimes it can seem that a sense of adventure has been lost by modern science. Not by people at NEEM...
After Bill agreed to bat around these ideas, deputy managing editor Adi Ignatius acted as the intellectual impresario of the roundtable. He convened an impressive group: chairman and CEO of Ogilvy & Mather Worldwide Shelly Lazarus; founder and CEO of Whole Foods John Mackey; president of the International Center for Research on Women Geeta Rao Gupta; and University of Michigan professor C.K. Prahalad, whose book The Fortune at the Bottom of the Pyramid was a key influence on Bill's thinking. Each of them has a distinctive and provocative point of view. You can watch and listen to the roundtable...
...architects designed was residential, which meant the only way to see one of the buildings back then was to have Frank Sinatra invite you over for drinks. Today, though, many Modernist homes are available as vacation rentals, including the long, lean, flat-roofed manse that once belonged to the Chairman of the Board himself...
...President in need of domestic-policy credibility, Paulson has grabbed the rudder of a $14 trillion national economy churning its way through a maelstrom. There's always a danger in attributing too much economic impact to one government official, and Paulson certainly shares responsibility with Federal Reserve Chairman Ben Bernanke and Congress - and with his boss, President George W. Bush. But if there is one person whose actions right now will determine whether the combination of crashing house prices, struggling lenders and punishingly high energy prices proves catastrophic for the U.S. economy, it is the man at Treasury...
...Paulson, had actually been looking into potential problems with hedge funds and derivatives. But they missed CDOs. Paulson terms the oversight "obvious after the fact." Not so, say some observers. "I've got a lot of respect for Paulson and his credentials," says Glenn Hubbard, who was chairman of the President's Council of Economic Advisers in the early Bush years and is now dean of Columbia Business School. "But this looks like the Fed and Treasury were lurching from crisis to crisis, when much of this was forecastable...