Word: clubbings
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...When a group of J.P. Morgan bankers conceived credit default swaps 19 years ago at the Boca Raton Resort & Club in Florida, they could not have imagined what a monster they had unleashed. In 2007, the credit default swaps market value was $62 trillion, more than quadruple the entire U.S. gross domestic product...
...Harvard Polo Club--a group of rich kids who like to play with horses and wear tight, white jeans for fun? Not really...
...election season, you'll remember that there was one particular duo running for the presidency and vice presidency: Roy T. Willey '09 and Nicholas B. Snow '09. During the campaign, a little fact emerged about Willey and Snow: their involvement in the Harvard Polo Club. And it confused a lot of people who had never heard about it, like Derek M. Flanzraich...
After about a century of program failures and rebirths, the Harvard Polo Club regrouped in 2007 and just capped off its most groundbreaking season yet. Watch the video after the jump to see whether all those stereotypes are true, and if you're into what you see...maybe you can be the next Nick Snow...
...Italians, so often divided by region and politics and soccer-club loyalty, have come together since the 6.3-magnitude quake shook the central Abruzzo region early Monday morning, leaving 287 dead and some 20,000 homeless. Volunteers and donations have flooded in; so too have prayers from the Pope and countless local priests. Partisan bickering back in Rome has all but ceased. Even the newspapers that scream their Page One headlines with every Silvio Berlusconi faux pas chose to ignore a gaffe the Prime Minister made in the midst of the tragedy, when he told German TV that those forced...