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Four years ago, Gillian Tett made the curious choice of moving to the capital-markets desk at the Financial Times--bonds, mortgage securities, derivatives. Arcane stuff, numbing stuff. Did she sense something? Tett eventually found herself covering the biggest financial story in a generation. Fool's Gold tells how a team at J.P. Morgan popularized credit derivatives, then pulled back worriedly just before the rest of the banking world was nearly destroyed by them. The physics of finance is complex, but Tett explains the world of derivatives as well as any book for lay readers ever...

Author: /time Magazine | Title: Suzy Welch on How to Make a Sound Decision | 6/1/2009 | See Source »

...fact that he was coming to Harvard was still monumental for many. “It was huge, from Harvard’s point of view, it was huge,” said Michael D. Lockshin ’59.CASTRO THE LIBERATOR Many students were excited and curious to see the face of the future of Cuba. According to Michael D. Lockshin ’59, “He had been on a triumphant tour and students were in favor of him… he was a romantic hero to the students I knew.” Willard Emery...

Author: By Julia S Chen, CRIMSON STAFF WRITER | Title: Castro Comes to Cambridge | 6/1/2009 | See Source »

...releases, the three top worldwide winners are Monsters vs Aliens, Fast & Furious and X-Men Origins: Wolverine, all of which have exceeded $300 million thus far. Can you guess which of the late-2008 releases have earned about $250 million? Gran Torino and Marley & Me. As for The Curious Case of Benjamin Button, it added $205 million offshore for a total of $332.6 million. And the top-grossing film worldwide since last fall, with $352.8 million: that little runt of an Anglo-Indie charmer, Slumdog Millionaire. It's like a Pixar movie, without the pixels...

Author: /time Magazine | Title: Up Flies High at Box Office, as Pixar Delivers Again | 5/31/2009 | See Source »

...coulds and all the shoulds couldn't put AOL Time Warner together again. I blame the company's curious entrepreneurial culture - curious because, while entrepreneurship is highly prized here, the jefes who run the big operating units still prefer the safety and comfort of a large corporation to the risk of running one's own business. And that creates powerful fiefdoms where divisions don't cooperate with each other and synergy becomes a bad word...

Author: /time Magazine | Title: Why AOL–Time Warner Wasn't Doomed to Failure | 5/28/2009 | See Source »

...would appear on the outside of buses. "That way, cars can see them. People on the sidewalks can see them, as the buses go zipping by," says Charlie Sitzes, 73, the group's spokesman. Apart from the predictable blogosphere chatter, Chicago has largely greeted the ads with a quick, curious look and then a shrug. While the media attention has drawn donations to the group from across the country, there are no plans to extend the ads' run beyond mid-June. "You don't have to shake the believer tree too hard to get a discussion going," Sitzes says, adding...

Author: /time Magazine | Title: Is God Dead? Or Just Not Riding the Bus? | 5/28/2009 | See Source »

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