Word: happeners
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...years has produced a lamentable history of failed community relations in Cambridge, Boston, and elsewhere. By turning its back on the Charlesview project it has privately engineered, Harvard risks another iteration of that sad pattern. We ask President Faust and all our Harvard neighbors not to let this happen. Let’s reopen the conversation on Charlesview, and this time take a larger view of how this relocation could benefit us all. Let’s work together to design a new community we can all be proud...
Also, I spoke to the coach of the U.S. Olympic handball team on the phone last night. It does not look like that’s going to happen. Apparently, as with all the other Olympic sports, handball requires a combination of natural prowess, unyielding self-discipline and ruthless competitive spirit. I have (Coach informed me) maybe one, probably none of those things...
...only a small part of the myriad problems that exist in the American school system. No matter what renovations the SAT undergoes, it will not change the fact that some American children receive an education far inferior to the education of other American children—those whose parents happen to make more money. Until the evils of bad policy and lack of funds are addressed within American secondary school education, higher education—and its admissions procedures—can never be free of socioeconomic bias...
...Corp. (CIC), the country's sovereign wealth fund, sank $3 billion into Blackstone Group, the U.S. private equity firm, only to watch its stake shrink by half in value as financial stocks tanked. "The leadership [in Beijing] thinks they got taken and they are determined not to let it happen again," says a Hong Kong investment banker close to CIC. But that does not mean the Chinese aren't interested. CIC bought 9.9% of Morgan Stanley in December for $5.5 billion; last week Gao Xiqing, CIC's chief investment officer, was in New York for talks with Mack about expanding...
...cure the headache. That only fixes the problem, not the system," Professor Hu of the Beijing Institute of Technology wrote in his essay. "Now is the time to transform the way of thinking, to repair the system." Beijing-based China scholar Russell Leigh Moses isn't optimistic that will happen anytime soon. The problem is "not so much political or structural as psychological. The top leadership can't get over their anxiety that any structural reform will mean the end of one-party rule," Moses says. "They are more and more out of step with the public, and even though...