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...always happens when bubbles occur, naive neophytes, overconfident speculators and overleveraged money managers all leaned together on one side of the investment boat. When the boat became totally imbalanced it was enough for only a small wave-initially, the mere rumor of regulatory changes designed to cool China's stock fever-to sink the ship. On Feb. 27, China's main stock index fell 8.8%. Because of the huge leverage and increased computer trading that characterize modern finance, this sell-off triggered sharp declines in other markets from Russia to Malaysia, Japan...

Author: /time Magazine | Title: The Pain Isn't Over Yet | 3/8/2007 | See Source »

Such rebuffs did not cool the Americans' ardor for Cézanne's work, and by 1913 they had between them amassed the largest collection of Cézannes outside Russia (several of Vollard's best clients were Russian industrialists). Neither man's collection would remain intact. Fabbri plowed much of his fortune into building a Romanesque church in an earthquake-ravaged town. By 1928, he had to sell 13 Cézannes to finance a property deal. In the same year, Loeser died, leaving eight paintings to the White House...

Author: /time Magazine | Title: Making Waves in Tuscany | 3/7/2007 | See Source »

...fever ward, but that’s beside the point. The point is that whining about the psychological scars that Coulter gave us from the confines of the losers’ table is just not effective. It’s time to sit back down with the cool kids, cross our arms, and smugly wish Ann a speedy recovery from the typhoid...

Author: By Michael A. Feldstein | Title: Coulter is Crazy | 3/7/2007 | See Source »

...Harvard students, although some players came from MIT. Others were not affiliated with either school. “I think it’s awesome,” said Mark Grimm, an MIT senior. “I would definitely come up for another tournament. It’s cool because I can have access to PlayStation 3 and other new consoles that I can’t afford.” Several participants emphasized the social aspect of playing video and computer games. “I generally like console games because you play them with your friends...

Author: By Sue Lin, CRIMSON STAFF WRITER | Title: Video Gamers Crowd Lamont, Compete For $400 in Prizes | 3/5/2007 | See Source »

...Harvard could somehow be distilled into one play, “Fall” would be it. The good news for Harvard: it also happened to be pretty cool...

Author: By April B. Wang, CRIMSON STAFF WRITER | Title: ARTSMONDAY: ‘Fall’ Proves a Successful Leap of Faith | 3/4/2007 | See Source »

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