Word: happeners
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...destroyed the institution—once the 18th largest public company in the world. To prevent an abrupt and potentially catastrophic collapse, AIG was forced to take a $182.5 billion lifeline from the U.S. government to cover losses that its forecasts indicated were never supposed to happen. Quantitative models like Gorton’s—equally likely to emerge on a dusty blackboard as the frenzied trading floor—have come under fire over the past year, which saw a seismic reshaping of the global financial landscape.Mere months later, academic economists are for the most part presenting...
Blemishes and all, the Stanley Cup is a beauty. What other trophy may show up at your local tavern for a shot or two? But if you happen to see the Cup this summer, please keep it clean. And do yourself a favor: no matter how psyched you are to see the trophy, keep your lips off Stanley...
...Kipman also showed me a version of Burnout that had been set up to work with Project Natal. Burnout is a serious game, not just a tech demo - it's a polished, fast-paced racing game with high-end graphics, and I happen to have played a lot of it. With Project Natal, instead of using a joystick, you steer by holding your hands up in the air like you're gripping a steering wheel. To hit the gas, you move your foot forward along the floor. To brake, you move it back. To trigger the turbo boost...
...that the resources are amazing and the people are great.RR: What’s your plan for the next year?TL: I’m going to study in London this summer, then back to Harvard. Right now I have a sense of stability that nothing bad can happen for two years.RR: But then you won’t get a job.TL: I’d like to think otherwise.RR: But you probably won’t.TL: We’ll see...RR: Yeah, we will. TL: Wow, way to lower my self-esteem.RR: Sorry...
...Given the stormy weather off the Brazilian coast, Air France said the plane may have been struck by lightning, but that alone wouldn't necessarily lead to catastrophe, Gourguechon says. "Lightning strikes happen every day and usually have no consequences. The airplane was built to survive that...