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...years, despite other changes that have taken place in the economy: nationalization, socialization, privatization and pro-market reforms. Grémont says that such enduring élitism is difficult to challenge in normal economic times, which is the main reason some French executives continue to fear that the current global recession could morph into something more serious: a 1930s-style meltdown capable of shaking the entire economic structure to its foundations. Were that to happen, chain-reaction bankruptcies of companies could force the French state to step in and nationalize industries, dismantling the boardroom power structure. (See pictures of President...

Author: /time Magazine | Title: France's Boardrooms: Little Diversity at the Top | 1/22/2010 | See Source »

...significance of the current paper, says GFDL's Morris Bender, the lead author, is that it simulates the statistics of the most severe future hurricanes - something previous studies couldn't do because of an inability to accurately reproduce a hurricane's structure. A new modeling approach used in this week's study remedies that problem, he says, and suggests that Category 4 and 5 storms will become relatively more common by 2100 - with the important caveat that the change will not become clearly detectable until the second half of the century. The locus of the biggest increase, continues Bender...

Author: /time Magazine | Title: Studies Predict Fewer but Stronger Hurricanes | 1/22/2010 | See Source »

...with top striking talent. Forwards Conor Casey—a member of the U.S. Men’s National Team—and Omar Cummings had 24 goals and 13 assists between them during MLS play last season. But the Rapids expect Akpan to mix in well with their current roster and hope to provide him with ample learning experience...

Author: By Mauricio A. Cruz, CRIMSON STAFF WRITER | Title: Akpan and Nyamekye Selected in MLS SuperDraft | 1/22/2010 | See Source »

Running through February 7th, “All My Sons” has not felt so timely since its 1947 debut, owing in part to the current national culture of profit-hungry egocentricity. While the main action is set just after World War II, the play’s examination of capitalist greed and personal culpability is all the more relevant in today’s society...

Author: By Ali R. Leskowitz, CRIMSON STAFF WRITER | Title: Esbjorson Does Ample and Timely Justice to Classic Miller | 1/22/2010 | See Source »

...Michigan through economic and financial crises driven mainly by the state's dependence on the ailing auto industry. Several Republicans have emerged as hopefuls for the the primary to be held in August, including Mike Cox, Michigan's attorney general, and Mike Bouchard, a former state senator and the current sheriff of Oakland County, the center of Michigan's wealth. So far, however, none has generated much excitement...

Author: /time Magazine | Title: Michigan's Governor's Race Tests the Democrats | 1/22/2010 | See Source »

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