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James Watson The chancellor emeritus of Cold Spring Harbor Lab was one of TIME's People of the Century Thomas Jefferson said, "The press is the best instrument for enlightening the mind of man." When reading a column by Frank Rich, we suspect that Jefferson was right. With peerless intellectual clarity and wit, Rich holds our leaders to a higher standard than the one at which they too often settle...
...haywire (Kellermann was pegged to receive a retention bonus of $850,000). "It's hard to see any common sense in management decisions that award hundreds of millions in bonuses when their organizations lost more than $100 billion in a year," Senator Charles Grassley said in a statement. Barney Frank, chair of the House Financial Services committee, wrote to Lockhart: "I am writing to urge strongly that you rescind the retention bonus programs at Fannie Mae and Freddie...
Fleming is not alone. Frank Yeary, Citigroup's former head of mergers and acquisitions, left the bank last summer to become a vice chancellor at the University of California, Berkeley. Apparently, Yeary's boss at the time was a little jealous. A month later, Citi's head of investment banking, Michael Klein, left for Princeton University. Harvard has nabbed a top Wall Streeter as well: Edward Frost left the job of Goldman Sachs' head of investment management to join that school as executive vice president. (See pictures of 10 cities that are hiring at LIFE.com...
...former assistant director-general of the World Health Organization came in the midst of a talk about the often neglected relationship between the health of a nation and its security at the Kennedy School’s Belfer Center for Science and International Affairs yesterday. Zucker struck a frank note about the impending possibility of international health threats. “The data shows that about three times a century, you’ll have a pandemic,” Zucker said during the event. “It is true, we are due for one.” Zucker...
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