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...primarily being used by college students, I see that as a good thing,” said Hathaway Fiocchi, a researcher at the Massachusetts Public Interest Research Group (MASSPIRG...

Author: By Brendan R. Linn, CRIMSON STAFF WRITER | Title: Night Owl Bus Gives Its Final Hoot | 7/8/2005 | See Source »

...interest rates. Derivatives were at the core of the 1994 bankruptcy of California's Orange County and the 1998 demise of hedge fund Long-Term Capital Management. Buffett once called derivatives "financial weapons of mass destruction," so you'd think he would steer clear. But his company, Berkshire Hathaway, has acknowledged a $307 million pretax loss in the first three months of this year that's due to a $21.4 billion position in "currency contracts," which are derivatives that hit pay dirt when the dollar falls. Problem is, the dollar is rallying. The greenback--up 4% against the euro...

Author: /time Magazine | Title: Another Bad-News Bear? | 6/27/2005 | See Source »

...shrewdest analysts of the industry are directors without intellectual pretensions. Henry Hathaway (The Lives of a Bengal Lancer; True Grit) watches Darryl Zanuck turn misogynism into money: "In the early days we always had as a leading man . . . elegant, fashionable men who had good speaking voices. And Darryl said . . . 'Women love bums!' He took all the heavies; Bogey was a heavy; when he picked Clark Gable, Gable was playing a heavy . . . Richard Widmark . . . was the worst . . . heavy in the world . . . And it's still true. Look at the Burt Reynolds and the Clint Eastwoods and all of that crap coming...

Author: /time Magazine | Title: Books: PEOPLE WILL TALK | 6/21/2005 | See Source »

...accusing Greenberg of orchestrating "sham transactions" that hid losses and inflated AIG's net worth. Just last week he resigned from AIG's board, ending his last official tie to the company--the same week two executives at General Re, a unit of Warren Buffett's Berkshire Hathaway that did business with AIG, pleaded guilty to civil fraud charges that name Greenberg as a co-conspirator...

Author: /time Magazine | Title: Down...But Not Out | 6/13/2005 | See Source »

This begins with wiring up Kent so that he thinks he is hearing a heaven-sent voice and ends with Hathaway gloriously hoist on his own laser beam. The path between those two points leads through farcical situations, but the Animal House spirit is not present in this academic grove. Real Genius, directed by Martha Coolidge and written by Neal Israel, Pat Proft and Peter Torokvei, is a smart, no-nonsense movie that may actually teach its prime audience a valuable lesson: the best retort to an intolerable situation is not necessarily a food fight. Better results, and more...

Author: /time Magazine | Title: Cinema: Guess Who Flunked the IQ Test? | 4/18/2005 | See Source »

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