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...Macquarie manages for an annual fee of up to 1.25%, depending on its market value. If this fund outperforms its benchmark, Macquarie also pockets a juicy incentive fee of 15% of the profits. "It's a hedge-fund model being applied to infrastructure-asset management," says financial analyst Brian Johnson of JPMorgan Securities...

Author: /time Magazine | Title: Eyes on the Prize | 7/2/2006 | See Source »

Wilson received her master of science degree from the University of Texas and was selected as one of 35 Americans to join NASA’s class of 1996. At the Johnson Space Center in Houston, TX, Wilson has worked in Mission Control as a capsule communicator (CAPCOM) for orbiting space crews. In 2003, she served as lead CAPCOM for the ill-fated Columbia mission...

Author: By Ying Wang, CRIMSON STAFF WRITER | Title: Graduate To Launch On NASA Shuttle | 6/30/2006 | See Source »

...Congo for so many years. The Rwandan genocide is etched in our memories, and Bosnia and Kosovo received much international attention, yet the most deadly of all recent conflicts seems to go largely unnoticed by both the left and the right. Thank you for awakening us. Nicholas Kerton-Johnson Bristol, England...

Author: /time Magazine | Title: Letters | 6/26/2006 | See Source »

...Thanks to McDonald's, Holiday Inn, and Howard Johnson, one suddenly could travel coast-to-coast and eat from an unvarying menu and sleep in the same room every night. As Alphonse Karr might have mused, "The more one travels, the more one stays in the same place." Indeed, by now, the Interstates' uniform signages - emblazoned with the system's own red-white-and-blue shield icon; others proclaiming speed-limits and upcoming exits; and still others touting McDonald's, Best Western, Exxon, BP, and Wendy's - float through our subconscious like so many branded Jungian archetypes...

Author: /time Magazine | Title: The Interstates Turn 50 | 6/26/2006 | See Source »

...pure act." Roosevelt entered the White House after three decades during which Congress had consistently had the upper hand over the President. He lost no time in making it plain that he was a different breed. The "imperial presidencies" that followed his, from those of Franklin Roosevelt to Lyndon Johnson to George W. Bush, all owe something to his example. When Congress did nothing to curb the power of the trusts--huge monopolistic corporations--Roosevelt simply directed his Justice Department to start bringing suits. When Congress balked at embarking on the Panama Canal, Teddy found a way to go forward...

Author: /time Magazine | Title: The Making of America — Theodore Roosevelt | 6/25/2006 | See Source »

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