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Sanford is a complex, brilliant figure in American finance and someone to know if you care to comprehend why your bank just got gobbled up or why your mutual-fund company has begun offering a hundred new ways for you to invest your money. He popularized the notion of risk management, one of the most important ideas in modern finance. He didn't come up with the notion (credit academia), but more than anyone else he helped pioneer a new kind of risk-aware investing that offered a first glimpse of a world of high-wire, high-tech finance...

Author: /time Magazine | Title: The Big Bank Theory | 4/27/1998 | See Source »

...conventional wisdom holds that Clinton is untouchable because a robust economy has made satisfied customers of us all. But the conventional wisdom doesn't begin to comprehend the intricacy of a scandal in which charges of unappetizing personal behavior are made by accusers of varying plausibility against a President of imperfect credibility. To situate yourself amid the interlocking treacheries of the story so far, you might need the sensibilities of Henry James and the skepticism of Henry Adams. Or you might simply arrive at a position in which misgivings about presidential sex don't translate into a lust for legal...

Author: /time Magazine | Title: Why Clinton Is Still Buoyant | 3/30/1998 | See Source »

...intricacies of managed healthcare. Two completely inexperienced recent collegegraduates are presiding over the seminar, their"consulting strategies and advice" to the room ofprominent and respected therapists about as usefulas finger-painting is to a high school senior. Theonly person at all interested in these theories isDudden, who can't comprehend why his colleaguesdon't appreciate these business skills that haveclearly allowed psychology to thrive in the UnitedStates. The scene is colored with a wonderful castof both idealistic and embittered secondarycharacters, and it provides a much-appreciatedmoment of comic relief as the story prepares toexpose the secrets that lie within...

Author: By Glenn A. Reisch, CONTRIBUTING WRITER | Title: When Sleep Eludes The Weary | 3/20/1998 | See Source »

...does it matter to us, in 1998, so far removed from this massacre in both time and space? First, understanding the massacre and the tensions that sparked the protests helps us to comprehend the complexities of current Taiwan-China relations. The Taiwanese people emigrated to Taiwan from southern China about 400 years ago, but the island they settled was only claimed by the Chinese empire for eight of those years. In the past half millenium, Taiwan has been periodically governed by several European powers and eventually by the Japanese in the 50 years prior to World War II. During these...

Author: By George S. Han, | Title: Remember 2-28 | 3/6/1998 | See Source »

...first people I told about the incident shared my definition. An older college student did not understand why I was upset. She thought it was great that I had "lost my virginity during a fling, because there was no emotional attachment." An adult who taught health education couldn't comprehend "why such a smart girl would let something like that happen" to her. A close friend called me a slut...

Author: NO WRITER ATTRIBUTED | Title: Shattering the Silence | 3/6/1998 | See Source »

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