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...only problem with the Macquarie-model funds, according to a tough review by corporate governance service RiskMetrics. It found that the funds also pay too much for assets and charge too much in fees, and that their operations lack transparency. "Our real concern is disclosure," says director Dean Paatsch. "The investment funds are asset vehicles that have outsourced 100% of the assets' management to a third-party company, but the terms ? are not known...

Author: /time Magazine | Title: End of the Toll Road? | 10/16/2008 | See Source »

...living room, interhouse rivalries and organized activities galore. But if you're thinking high school, think just a little bit higher; this is the Commons at Vanderbilt University, a brand-new campus within a campus to house the entire class of 2012, 10 professors and its own Dumbledore-like dean. The school spent $150 million and a decade creating this community, designed to help 1,570 first-years get acclimated to college life. And the Commons is just the most holistic example of something that more and more campuses are prioritizing: the new freshman experience. (See pictures of the college...

Author: /time Magazine | Title: A Frosh New Start | 10/16/2008 | See Source »

Vanderbilt tries to make palling around with teachers the norm, believing that even casual exchanges with faculty can broaden kids' academic and social perspectives. As dean of the Commons, Frank Wcislo has films and forums in his living room, a.k.a. Wcislo's Salon. The 10 profs who live in the Commons' dorms host similar extracurriculars, and 55 others have agreed to come hang out with frosh. But amid all this bonding with authority figures, there's a risk that some students won't learn independence. "A very small percentage of students see me as a father figure...

Author: /time Magazine | Title: A Frosh New Start | 10/16/2008 | See Source »

...Christian de Duve, used electron microscopy to identify the functions of mitochondria (the powerhouse of a cell) and ribosomes (proteinmakers), as well as other cell components. Having emigrated from Romania in 1946, Palade became chairman of the cell-biology department at Yale in 1973 and then the founding dean of scientific affairs at the University of California at San Diego...

Author: /time Magazine | Title: Milestones | 10/16/2008 | See Source »

...recent days, Ayers' colleagues have circulated letters expressing support. Similar formal statements may soon come from a group of alumni and the university itself. "Bill has nothing to be ashamed about in his scholarly career - it's one that any scholar can take pride in," says Victoria Chou, dean of the College of Education at the University of Illinois here, and a friend of Ayers for years. She adds, "I'm just disappointed in those in our country who would try to tear down and destroy his reputation for political purposes. This is about Obama, not really about Bill...

Author: /time Magazine | Title: Chicago Says There Is Too Much Ado About Bill Ayers | 10/16/2008 | See Source »

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