Word: forme
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Dates: during 2000-2009
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...computer, offers a lousy deep-reading experience. (That's why its signal application was called a "browser.") The Web has too many distractions in the form of links, e-mails, instant messages and now Twitters. Besides, if a device has a real keyboard, it's for "writing," not reading - the user is primed more for output than input. Amazon was the first to exploit that weakness and is building a billion-dollar business built around a gadget aimed at people who read offline. In fact, it has already supposedly sold more than 500,000 of its $359 e-readers, despite...
...Although a CDS is, in its simplest form, an insurance policy, AIG was selling something far more exotic. Say you buy a house and insure it. The insurer doesn't offer the same policy on your house to everyone else in the neighborhood; if it did and your house went up in flames, the insurer could get wiped out. In its CDS contracts, though, AIG wrote multiple insurance policies covering the same underlying package of increasingly toxic assets. In essence, it was underwriting systemic risk. This is the opposite of what insurance companies are supposed to do: diversify risk across...
...primary projection of American authority overseas. These were, in some cases, fantasy attributes: After lowering taxes in 1981, Reagan raised them in 1982 and 1983. In many cases, especially deregulation--I'm talking about you, Lawrence Summers--Democrats were complicit in the excesses. In almost every case, a mild form of Reaganism was a plausible corrective for the Democratic excesses that had gone before. In a few cases, like Reagan's toughness toward the Soviet Union and in some forms of deregulation, it actually worked...
...flatter yourself. But in Hollywood it mostly leads to unintentional vanishing acts or inspires unfortunate experiments with surgery. Roberts could toss aside her career--unless Bernie Madoff managed her money, she shouldn't need the paycheck--but she doesn't want to. Working, she has said, brings some form into the "shapeless blob of happy chaos" that is motherhood. I've already seen Duplicity, but I'd be willing to give her my $10 just for summing up the working mother's perspective so nicely...
Student entrepreneurs were awarded a total of $80,000 in prize money to help them develop and execute their business projects at yesterday’s I3 Harvard College Innovation Challenge. The night’s largest catches came in the form of three $15,000 McKinley Family Grants, which went to a Web-heavy slate that included online enterprises geared towards providing free SAT prep to low-income students, making holiday travel cheaper, and navigating New York City more easily. The I3 event was intended to spur greater student interest in entrepreneurship projects, which tend to go underrepresented...