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Before Travelers, Weill had built a small New York brokerage firm into the second biggest in the land, Shearson Loeb Rhoades, which he sold to American Express in 1981. Boxed in at Amex, he quit and later started over with Commercial Credit, a Baltimore consumer-finance company. To that he added Smith Barney, his old firm Shearson, Salomon Brothers and Travelers insurance...

Author: /time Magazine | Title: Assessing the Mess at Citi | 11/8/2007 | See Source »

...must be asked after the University of Delaware announced last Friday that it would suspend its diversity training program for first-year students. Since its inception in August, the program has drawn heat at the university and nationally because of its controversial content. Many first-year students at Delaware expressed intense discomfort with the program on account of its divisive mechanisms. Students were forced to publicly state stereotypes they held and their views on divisive issues like race and gay marriage, making students uncomfortable just as they were settling into their new homes. Not only did the program make many...

Author: By The Crimson Staff | Title: ‘Diversity’ Gone Awry | 11/8/2007 | See Source »

...Adoring Springbok fans have called talk shows to express their fears that their stars would all bolt from the country and leave South Africa with little hope for future wins. A few weeks ago, government officials dropped a decision to bar Springbok players from playing future international tournaments if they played for local teams overseas. As the political arguments have grown more heated, one South African rugby blogger wrote wistfully this week: "We knew it was too good to last! The feel-good atmosphere in SA Rugby after the Boks' World Cup triumph did not even make...

Author: /time Magazine | Title: South Africa Backtracks on Quotas | 11/7/2007 | See Source »

...fourth definition is “to efflubiate.” I use it to express my need to exaggerate, to fluff up, to embroider upon something I experience as wonderful. I use it when I want to encourage the sense of awe. That’s what you can say about my work; I’m interested in wonder and awe, and I think we’re losing that—I’m tired of talking. You can listen to my tape, no more talking...

Author: By Xiaofei Chen, CONTRIBUTING WRITER | Title: 15 Questions With Paulus Berensohn | 11/7/2007 | See Source »

...event will be part of the Dubai International Film Festival, and Stone's trip to Dubai has garnered major coverage in Dubai's Gulf News daily. On Friday evening, as TIME met Véronique Robert in a Paris café, amfAR's organizers in Manhattan called her to express concern about Alexandre's alleged attack and ask what she wanted them to do about the Dubai event. The organization's chief executive officer, Kevin Frost, says has not ruled out canceling the fund-raiser - whose tables are selling for between $20,000 and $100,000 each. But he said...

Author: /time Magazine | Title: Outrage Over Dubai Rape Case | 11/5/2007 | See Source »

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