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Word: eying (lookup in dictionary) (lookup stats)
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...thing that all financial calamities have in common is that they are unexpected, at least by the officials who are supposed to keep an eye out for these things. There were no plans for oil prices to spike up before the Arab Oil Embargo in the 1970s and no roadmap to follow after the S&L crisis the following decade. Banks can be brought down by fraud and errors in large gambles made on proprietary trading desks. Most of the things that cause systemic failure are unexpected and therefore cannot be prevented...

Author: /time Magazine | Title: Setting Up War Games for the Banking System | 2/26/2009 | See Source »

Taste is a disappearing commodity. Today a Russian oligarch or a Park Avenue hedge-fund manager might still have the bucks to buy Saint Laurent's Matisse, but the real investment is in something far scarcer: Saint Laurent's eye, his love of beauty and mannerisms and the exotic dream world within which he lived. As Christie's Giovanna Bertazzoni said of the viewing, which was open to the public, "it gives ordinary people the experience of what it might be like to actually own works of this quality." Perhaps the greatest and last gesture of good taste came from...

Author: /time Magazine | Title: The Moment | 2/26/2009 | See Source »

...Oxygen deprivation rendered him mute and quadriplegic at birth, forcing him to write with a "unicorn stick" strapped to his forehead. Yet Christopher Nolan, 43, became a literary sensation, besting authors like Ian McEwan and Seamus Heaney to capture the 1988 Whitbread Award for his autobiography, Under the Eye of the Clock...

Author: /time Magazine | Title: Milestones | 2/26/2009 | See Source »

While most of the development is still to get under way, a clutch of Casco cafés, hotels and cultural sites have already had their makeovers. The most eye-catching is the Canal House Hotel (www.canalhousepanama.com), an elegantly renovated late 19th century mansion where actor Daniel Craig stayed during the three-month Bond shoot. The hotel's three guest rooms are named after the Canal's massive locks - Miraflores, Pedro Miguel and Gatun - and each has a wrought-iron balcony with views of the Casco's Cathedral Plaza and surrounding red-tiled roofs and cobblestone alleyways...

Author: /time Magazine | Title: Colonial Revival in Panama City's Casco Viejo | 2/25/2009 | See Source »

...educating the flower of our youth. The drab monotony of a nation’s students taking notes off of a chalkboard in classrooms unchanged since Ike will be remade precisely the way our phones have been remade: with an explosion of unimagined options and quality, and with an eye to helping us remain productive in a newly complex and global world...

Author: By Kiran R. Pendri | Title: Futurology 1 | 2/22/2009 | See Source »

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