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...square footage. In 2005, he bought a 27% stake in the company that owns the Chrysler Building. A year later he acquired a minority share in the Flatiron, which today is valued at a total of $180 million. With the latest deal, he holds a 53% share of the famous building. "The Flatiron is expensive, but with the [cheap] dollar, it made sense to increase our share," says Mainetti. "The stability of the New York real estate market is unique. This current crisis will pass, and the dollar will re-establish itself. We are confident...

Author: /time Magazine | Title: An Italian Snags the Flatiron | 6/10/2008 | See Source »

...Eastwood's portrayal of the specific battle is, if narrow, also essentially accurate. Flags Of Our Fathers zeroes in on the soldiers who hoisted the U.S. flag atop Mount Suribachi, and this task, memorialized in a famous staged photograph, was accomplished by five white servicemen and a sixth, Ira Hayes, of Pima Indian descent. (His other entry in the Iwo Jima category, Letters from Iwo Jima, is told largely from the perspective of Japanese soldiers...

Author: /time Magazine | Title: Were African-Americans at Iwo Jima? | 6/9/2008 | See Source »

Comedy is no laughing matter in Burma. Just ask Maung Thura, the country's most famous satirist, who performs under the stage name Zarganar, or "tweezers." On the night of June 4, the 47-year-old Burmese was arrested at his Rangoon home, shortly after he led a group of volunteers on an aid-delivery mission to the Irrawaddy Delta, which was devastated last month by a cyclone that left 134,000 people dead or missing. Before the police took him away, Maung Thura told foreign media outlets that many of the places he visited in the delta...

Author: /time Magazine | Title: Burmese Police Arrest Comedian | 6/6/2008 | See Source »

...1960s through this decade brought similar admissions and accusations of failure and subsequent attempts to review, renew, and reorganize. In fact, in June 1980, the now-famous Susan C. Faludi ’81 begins her Commencement issue editorial by saying that “it has become a Harvard tradition of sorts to report periodically on the failures of advising.” Indeed...

Author: By Monique Rinere | Title: Are We Deluding Ourselves? | 6/5/2008 | See Source »

...first things every Harvard freshmen sees when they walk into their room is a list of the most famous alumni who were also housed in that room. From Ralph W. Emerson, class of 1821, to Natalie Portman ’03, these lists are full of people who have been very successful in very different career paths. It’s an opportunity for one to see what others who have been in your shoes have accomplished...

Author: By Ronald K. Kamdem | Title: Low-Hanging Fruit | 6/5/2008 | See Source »

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