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...common is that they are unexpected, at least by the officials who are supposed to keep an eye out for these things. There were no plans for oil prices to spike up before the Arab Oil Embargo in the 1970s and no roadmap to follow after the S&L crisis the following decade. Banks can be brought down by fraud and errors in large gambles made on proprietary trading desks. Most of the things that cause systemic failure are unexpected and therefore cannot be prevented...

Author: /time Magazine | Title: Setting Up War Games for the Banking System | 2/26/2009 | See Source »

Handling that influx is what concerns the planners most at l'hôtel de ville, the city hall. Paris got a dose of overload when Japanese visitors, armed with the supercharged yen, arrived by the 747-load in the 1980s. Now think about Chinese and Indians arriving in similar numbers...

Author: /time Magazine | Title: Much Greater Paris | 2/26/2009 | See Source »

...Bomb” versus when a woman did, saying that the casual drop of the H-bomb is a golden ticket for the Harvard men, while a gross turn-off if mentioned by women. Other students were keen to debate the issue further. Jarell L. Lee ’10, said he had enjoyed the event and that it had helped him to gain a new perspective on the issue of the masculinity. “When I was high school, I had to be a man and I think tonight definitely helped me figure out what type of person...

Author: By Jessie J. Jiang, CONTRIBUTING WRITER | Title: Harvard Men Gather at Women’s Center Event | 2/25/2009 | See Source »

...students to feel comfortable asking questions, and engaging in discussion,” Knill said. “I stripped once for a demonstration,” he said. “I think it relaxes everyone. I think they appreciate it.” Associate Professor Stephen L. Burt, who teaches English 10b, also maintains a personal blog. Even though there’s a link on the syllabus, he is less eager than Knill to share it with his students. “I don’t point it out because it’s a personal...

Author: By Laura C. Schaffer, CONTRIBUTING WRITER | Title: Profs Online: From FYI to TMI | 2/25/2009 | See Source »

...looking for buyers. Onnasch owns vast amounts of contemporary art and he's content with sharing his cultural wealth with the public. Running through 2009, the rotating exhibition at the art gallery El Sourdog Hex highlights 19 artists from the 1950s to the '90s. Works by German sculptor Markus Lüpertz go on display March 9-April 25, followed, on May 4, by a show on American neo-conceptual artist Peter Halley. Check out www.elsourdoghex.org. - by William Boston...

Author: /time Magazine | Title: Small Wonders: Quirky Art Collections | 2/25/2009 | See Source »

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