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...BEGINNING OF THE STORMWhile her sojourn at Wellesley prepared her to take the helm of Harvard’s mammoth endowment, the company she returned to was dramatically different from the one she had left years earlier. In 2005, HMC’s legendary CEO Jack R. Meyer left the company with 30 other employees in tow to start his own hedge fund after enduring heated criticism for what some saw as excessive company compensation. Meyer, a 15-year veteran of HMC, had grown the endowment from $4.7 billion to $26 billion, achieving an annualized average return rate...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Despite Tough Year, New HMC Chief Remains Optimistic | 6/3/2009 | See Source »

...notch financial journalist, Suzy Wetlaufer knew a good business story when she saw one. Unfortunately, the biggest story of her career turned out to be a tabloid-ready bombshell starring Suzy herself--specifically, her relationship with corporate titan Jack Welch. "Jack and I gave the press a magnificent cocktail," she told TIME recently. "You couldn't have made it up. Here we have a very famous CEO who's married, who has just written a big, best-selling autobiography, and he runs off with this mother of four who [is the editor] of the Harvard Business Review." TV trucks camped...

Author: /time Magazine | Title: Suzy Welch on How to Make a Sound Decision | 6/1/2009 | See Source »

...keep humming after hearing it on the radio. When applied, it immediately cuts down on foolish impulses. But the author, whose husband famously wrote the best seller Straight from the Gut, isn't discounting intuition. That's what governed her decision to dive--joblessly--into a new life with Jack. "I failed 10-10-10 because I was overwhelmed by events," Suzy admits now, with a touch of authorial embarrassment. "I was sort of standing in the middle of a field, and suddenly the skies opened up, and the skies fell down on me, and I didn't stop...

Author: /time Magazine | Title: Suzy Welch on How to Make a Sound Decision | 6/1/2009 | See Source »

...networks (again, like politicians) tell us what we tell ourselves: that changing times make us changed people, even as we revert to age-old patterns. (This season on 24, Jack Bauer sounded ambivalent about torture but roughed up people anyway.) The zeitgeist makes convenient wrapping to repackage the same sitcoms, hospital dramas and game shows: what was "comfort food" after 9/11, "optimism" in boom times and "inspiration" after Hurricane Katrina is "escapism" today...

Author: /time Magazine | Title: The Networks Look Ahead: Change, the Channel | 6/1/2009 | See Source »

...variety show in 1954, The Tonight Show formed a template for late-night TV that everyone from Arsenio Hall to Jimmy Kimmel has since followed: witty banter, famous guests and eccentric sidekicks. Its first M.C., talk-show veteran Steve Allen, gave way just three years later to the unpredictable Jack Paar. In 1962, Paar left the show in the hands of a 36-year-old game-show host, Johnny Carson, who turned The Tonight Show from a success into a legend. (At one point, it accounted for 17% of NBC's revenue.) Carson's affable charm helped snag top-notch...

Author: /time Magazine | Title: The Tonight Show | 6/1/2009 | See Source »

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