Word: karl
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...market for housing futures gets large enough, though, other sorts of financial products more useful to homeowners should crop up, says Robert Shiller, a Yale University economist who has been pushing the idea for 15 years. The grander vision, developed with Karl Case of Wellesley College, includes home-equity insurance. The idea is that companies will write those policies if there's a robust futures market for hedging risk. "Real estate is bigger than the stock market," says Shiller. Twenty trillion dollars big, in fact...
Fendi CEO Michael Burke faced a similar dilemma when he took over the Roman-based brand in 2004. With a mandate from LVMH boss Bernard Arnault to turn the company around, Burke had to find a way to keep designer Karl Lagerfeld in the fold and also massage a better relationship between the designer and Silvia Venturini Fendi, the talent behind Fendi's handbag business. That required yet another kind of nuclear power plant, one that Burke promptly set about creating in the form of Fendi's historic palazzo in the center of Rome, which he renovated in order...
Deputy White House chief of staff Karl Rove, the architect one last time, says he is confident that voters will buy the President's message. "Given a choice between doing the job and walking away, they will want to do the job," Rove tells TIME. "Given a choice between winning and losing, the American people will always pick winning." But the trouble for Bush is that, at the moment, lots of folks think he lacks a winning formula. In a TIME poll last month, 63% of those surveyed disapproved of the President's handling of the Iraq...
...normally disciplined Republican machine let their primary for such an important office turn into a laughing stock is grist for comedy shows and conspiracy theories alike. Abandoned early and publicly by both state and national party leaders - everyone from Jeb Bush to Karl Rove reportedly tried to recruit an alternative candidate - Harris's every campaign stumble and fashion faux-pas has eclipsed virtually all other issues, even her questionable dealings with Mitchell Wade, the defense contractor who funnelled $32,000 in illegal contributions to her 2004 reelection campaign and has also plead guilty to bribing California congressman Duke Cunningham. (Harris...
...History hasn't been kind to losing international coaches. Georgetown's John Thompson won a bronze with college players at the '88 Olympics - and never made another Final Four. George Karl's cachet dropped after the '02 loss, and Larry Brown, the '04 Olympic coach, is currently out of work after his debacle of a season with the Knicks...