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...support this work. I also want to promote culture. There is a very strong link between culture and conservation. If our people had a reverence for the mountains that our forefathers had, they would not be raping that mountain. Instead, we view that mountain as a resource to exploit rather than as something to appreciate because it gave us water and wood. YOU'VE SAID AIDS IS A BIOLOGICAL WEAPON MANUFACTURED BY THE DEVELOPING WORLD TO WIPE OUT THE BLACK RACE. do you still believe that? I have no idea who created aids and whether it is a biological agent...

Author: /time Magazine | Title: 10 Questions: Wangari Maathai | 10/10/2004 | See Source »

...pension managers are feeling the heat and turning to so-called alternative investments, like hedge funds, in search of better returns. Most hedge funds try to exploit temporary price discrepancies between, say, a barrel of oil and stocks of oil producers, making money as prices fall back in synch--even if the overall markets are sinking. It's a fairly conservative approach--until a hedge-fund manager attempts to multiply profits by borrowing many times over the amount of assets in the fund. Such borrowing is legal, and even expected, but since Long-Term Capital's meltdown, the Federal Reserve...

Author: /time Magazine | Title: WILL HEDGE FUNDS TAKE A DIVE? | 10/4/2004 | See Source »

...hedge funds are showered with new money, they end up seeking to exploit the same opportunities, and returns that once routinely hit double-digits naturally fall. It's happening now. Some $80 billion flowed into hedge funds this year through August, and the average hedge fund rose about a woeful 1%. The hedgies are under pressure to pump up returns to justify their steep fees--which run to 2% of assets plus 20% of profits. The SEC's primary concern is fraud, in which a hedge fund hides losses or misstates the value of its holdings. Worse, says Donaldson...

Author: /time Magazine | Title: WILL HEDGE FUNDS TAKE A DIVE? | 10/4/2004 | See Source »

...Over the years, Hua's web of erotic and financial alliances unravels. Wealthy lovers tire of her imperiousness; the gigolo she supported (and whose exertions Zhang overheard that first day) has found younger flesh to exploit. She can't pay the tailor bills, yet Zhang remains her faithful couturier and courtier, flattering Hua on her waist size, whispering compliments to a woman in need of them and, finally, secretly, paying for the dingy hotel room she's forced to move into. Gratitude, or desperation, leads her to ask, "Do you have a wife yet?" "No." "How about...

Author: /time Magazine | Title: 2046: A Film Odyssey | 9/27/2004 | See Source »

...like Li and Zhang. Is it difficult to accustom them to your working methods? Wong: The script actually develops with the characters. If you want to make a film with an actor or actress, there must be something that attracts you. I'm trying to exploit it, the quality that they might not even be aware of themselves. Normally, I don't ask people to act certain persons. It's just be you. Like Gong Li when I'm making Eros with her, I have kind of a picture what if she's a gambler, or a hustler, it would...

Author: /time Magazine | Title: "We love what we can't have, and we can't have what we love" | 9/27/2004 | See Source »

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