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Merton, who won the 1997 Nobel Prize in Economic Sciences for his work on a formula that calculates the risk and value of given economic decisions, was one of 16 partners of the investment group and was directly affected by the collapse...

Author: By Osborne A. Jackson, CONTRIBUTING WRITER | Title: Business Professor's Investment Firm Loses $100 Billion | 10/2/1998 | See Source »

...leaders of the Undergraduate Council say this semester they will stick with a formula that worked: short debates and visible student services...

Author: By Barbara E. Martinez, CRIMSON STAFF WRITER | Title: Council Lays out Year's Agenda | 9/28/1998 | See Source »

...successful can Primakov be? His opening moves are not promising. He is pledging to form a kind of coalition government, apparently to please several of the Duma's parties, and that may be a formula for confusion. In a statement last week, he denied any plans to return to the Soviet past but said flatly, "The government should intervene in economic affairs and regulate them." Then he selected two men with a lot of experience with such intervention. As his first Cabinet appointment, he named Yuri Maslyukov, a Communist Party member and a former head of the Soviet State Planning...

Author: /time Magazine | Title: Russia: Better Than Nothing | 9/21/1998 | See Source »

...Mahathir's plan, of course, baldly flouts all the IMF's ?- and nearly everyone else?s -- current wisdom on saving Asia. According to their formula, a package of stopgap loans and high internal interest rates can protect the currency and attract foreign capital in the short term by restoring investor confidence. Follow that with swift and painful economic reforms, and recovery should be imminent. But for Mahathir, flipping the Western economic establishment the bird is part of his plan?s allure. The West, Mahathir insists, fears a ascendant Asia, with its large Muslim populations and strong governments, and is gleefully...

Author: /time Magazine | Title: Malaysia?s Desperate Gamble | 9/4/1998 | See Source »

...HOUSECLEANING FORMULA The idea here is to set a new tone as quickly as possible. Clinton might announce that he will immediately drop all appeals of the various legal privileges and answer any questions Kenneth Starr cares to ask. Clinton could also release his grand jury testimony. He might even ask for the resignation of anyone who tried to help Monica Lewinsky find work, such as Energy Secretary Bill Richardson or deputy chief of staff John Podesta, no matter who asked them to do so. Problem: that could leave people wondering why Clinton is still there...

Author: /time Magazine | Title: How to Survive The Scandal | 8/31/1998 | See Source »

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