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Attack of the Locusts! Not long ago, going public was the hottest move a company could make. These days, it's going private. Private equity funds are soaring worldwide, particularly in Europe, where the value of buyouts rose by 23% last year to €80 billion, according to the U.K.-based Centre for Management Buy-Out Research, and seems likely to keep rising. Not everyone likes the trend; German officials have likened the firms to "locusts." But U.S. funds alone have trebled their investments in Europe over the past four years. Many of them are currently raising huge war chests...
...HOTTEST PAPARAZZI MAGNET...
Taking a decidedly untraditional route, many teenagers are pursuing an opportunity more akin to the Peace Corps than camp. Gordy Kaplan, executive director of the Midwest Association of Independent Camps, says community-service camps are the hottest development in the field. Particularly popular, other experts say, are those programs in which participants travel to remote parts of the U.S. and to foreign countries to help local populations. Last summer Ryan McNeill, 16, of Lake Forest, Ill., went to Costa Rica with the Road Less Traveled. At a cost of $3,995 for 22 days, McNeill and his group stayed...
March Madness? That is so last month. A nationwide rally modeled after NCAA’s famous brackets has developed a new contest for May: this one to find the country’s hottest undergrads...
...competition begins at individual colleges, including Harvard, where 64 of the hottest ladies from all classes are nominated by their peers to compete for the crown of “Madness Champion...