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...While the content of the report was not immediately clear, Shleifer could face penalties as severe as the revocation of his tenured teaching appointment, according to the two individuals...
...relations with the boys have frozen up completely again. Following an exceedingly nice Easter excursion, the subsequent days in Zurich brought on a complete chilling in a way that is not quite explicable to me. It's better if I keep my distance from them; I have to content myself with the knowledge that they are developing well. How much better off I am than countless others, who have lost their children in the war! Planck [physicist Max Planck, the father of quantum mechanics] also lost a son like that, the other one has been languishing in French captivity...
...rests in the hands of Harvard’s top officials, who are weighing a committee report issued last month on the economist’s alleged role in defrauding the U.S. government while he served as an adviser to Russia, people close to the committee said. While the content of the report was not immediately clear, Shleifer could face penalties as severe as the revocation of his tenured teaching appointment, according to two individuals who have spoken with members of the Committee on Professional Conduct (CPC), the eight-member group investigating the matter.Following standard procedure, the committee forwarded...
...revealed religion, the mutability of language and the crisis in masculinity in The Book of Dave. "Here we are in an era where monotheistic fundamentalists of all stripes are claiming a literal truth for their scriptures. Whereas in fact these texts are a function of state formation and their content is kind of irrelevant to the uses made of them ? I wanted to imagine how a religion founded on any old nonsense could come to be." And why Dave's nonsense? "Well, I've always been intrigued by the Knowledge. But you also have this mythos around London cabbies, that...
...Ahead, but far from alone. Not content merely to supply traditional services such as stockbroking, underwriting and strategic advice to corporate clients, investment banks worldwide are increasingly taking on more risk by putting their own money into deals. In a recent letter to shareholders, Henry Paulson, Goldman Sachs' outgoing CEO and nominee for U.S. Treasury Secretary, noted how Goldman and others now look to use "their own balance sheets to extend credit to clients, to assume market risk on their behalf and sometimes to co-invest alongside them." In some respects, industry pioneers like Macquarie and Goldman are borrowing from...