Word: falling
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Dates: during 1990-1999
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...that the Undergraduate Council's fall elections have finally concluded, we can expect a much-needed reprieve from the frivolous debate that surrounded it. Optimistically, we can hope for more enlightened discourse about the future of the council and its ultimate role within the student body. But realistically, there is a disturbing sense that this year will not bring any significant progress to the area of student government...
...rejected the $6.6 million-budgeted The Usual Suspects), is ready for Hollywood, on his terms. "My goal," he says, "is to bridge that gap between the independent and the mainstream film." Apt Pupil, a big subject compacted into a wee space and a tidy $15 million budget, may fall between the two. A bright high-schooler (Brad Renfro) learns that an old Nazi (Sir Ian McKellen) is living in his small town. The two strike up a symbiotic suspicion, each playing nastier games than the other knows and revealing more of his disease than he knows himself. If Apt Pupil...
...would anyone want to invest in a hedge fund? Historically, these funds have delivered superior long-term returns--in falling markets as well as rising ones. Hedge funds are so named because they're better able to hedge risks. They are meant to play both offense and defense. They can bet on some stocks to rise and others to fall. Even when they bet on a stock to rise, they can buy a separate position that cuts their losses if that stock falls sharply. And they can invest in any instrument--stocks, bonds, pork bellies--in any country they want...
Another kind of agenda is advanced by Danilo Perez's Central Avenue (Impulse!), one of the fall's most passionate and enjoyable albums. Perez wants to broaden the Latin jazz palette beyond Cuba to embrace the entire hemisphere. And why stop there? In one cut, the 32-year-old pianist works in motifs from his native Panama as well as Brazil, Cuba, the Middle East (via Spain) and, thanks to the contributions of a tabla player, India. Perez sees a pendulum effect at work: after a period of retrenchment, jazz, as it often has been in the past...
Lyerly's work has been furthered by one of the many infusions of corporate money that the medical center has been aggressively pursuing in recent years. Last fall Duke opened a new 10,000-sq.-ft. laboratory, a set of "clean rooms" where cell cultures can be cultivated in sterile surroundings. The $1.5 million facility was paid for by the pharmaceutical giant Rhone-Poulenc Rorer, based in Collegeville, Pa. But this particular deal is unusual in that the company has no commercial claim on any products developed through the use of the new lab. Sue Strauss...