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Explaining the stock market's behavior is always something of a mug's game, but there was a consensus that the main problem seemed to be that Geithner was just too vague. "Unfortunately, he led the market to believe there would be more details," says Kurt Karl, U.S. economist for the insurance firm Swiss Re. "You can't make the equity market happy every day, I guess...

Author: /time Magazine | Title: Justin Fox Reviews Tim Geithner's Big Day | 2/10/2009 | See Source »

...Gist: Even Barack Obama can't match the Super Bowl's hype. By the eve of "the world's biggest single-day sporting event," even casual fans can recite the betting line, retrace Kurt Warner's journey from an Iowa supermarket to the cusp of the Hall of Fame, or explain why the Steelers' zone-blitz scheme bedevils opponents. St. John's book is not for those casual fans. The veteran sportswriter and Wall Street Journal columnist spent a year covering the foot soldiers who prep the gridiron for glory-and who ensure the event is delivered to an electrified...

Author: /time Magazine | Title: Behind the Scenes at the Super Bowl | 1/29/2009 | See Source »

...this makes forecasting the economic future even harder than it usually is. "It's not a science," says Kurt Karl, head of economic research for the insurance firm Swiss Re's American operation. "A lot of it comes from historical experience, and this is a time for which we don't have a lot of good historical parallels." Karl sees continued sharp economic contraction and big job losses for the first half of next year, then a recovery. That's close to the consensus view at the moment. That doesn't mean it's right...

Author: /time Magazine | Title: Don't Say the D Word | 12/11/2008 | See Source »

...Unlike some fandroids, Ackerman actually got married. His wife Wendayne, four years older than Forry, translated SF novels by the German authors Karl Herbert Scheer, Kurt Mahr and Walter Ernsting. She died in 1990 and is buried at Forest Lawn Cemetery in Glendale, Calif., under the marker "Wife of Mr. Science Fiction." On his MySpace page, Forry wrote: "My life companion, Wendayne (the only one in the world) Ackerman, as the aftermath of a mugging in Italy, died some years ago, but not before translating 150 sci-fi novels from French & German, moonlighting while teaching for 20 years at university...

Author: /time Magazine | Title: Sci-Fi's No. 1 Fanboy, Forrest J Ackerman, Dies at 92 | 12/6/2008 | See Source »

...rhythm from Boston's "More Than a Feeling," but it's not a riff anyone had heard before. If you'd asked one hundred Sex Pistols/Ramones wannabes how F-Bb-Ab resolves, one hundred of them would've told you it goes to C, duh. Kurt knocked the world on its ass by choosing Db instead. Turn up "Teen Spirit" even louder and the noise goes fractal, exposing the overdubs and high production values, and revealing the apotheosis of punk-rock authenticity as a magnificent simulation - better than the real thing could ever...

Author: /time Magazine | Title: The Pitchfork 500 | 11/26/2008 | See Source »

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