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...Murdoch saw an opportunity in the jigsaw of James' businesses. Late last year, Packer's people split the family conglomerate into media and gaming divisions, with James more focused on the latter. Just before Christmas, Murdoch approached his mate about doing a deal on the group's media fragment, CMH. Over a wet January weekend, bunkered down in a city office, the pair nutted out their privatization plan, which would raise Packer's stake in CMH from 38% to 50% and give the other half to Murdoch, who would take charge as executive chairman. "I am only interested in running...

Author: /time Magazine | Title: Back in Business | 3/7/2008 | See Source »

...frequency with which the latter phenomenon occurs could suggest that the business of competitive college athletics is incompatible with a rigorous academic environment. Some argue that a reason to admit academically dubious athletes is that they tend to possess a deep discipline for their sport and this is grit we can learn from. Yet mediocre athletes can be highly disciplined too—athletic talent is not absolutely correlated with discipline for the sport...

Author: By Lucy M. Caldwell | Title: Are Jocks Necessary? | 3/7/2008 | See Source »

...loss, but we have to use it as a springboard,” Rueb said. With East Tennessee State undefeated against teams outside the top 25 this season and Harvard defending a perfect home record, something had to give in this contest. Unfortunately for the Crimson, it was the latter...

Author: By Allen J. Padua, CONTRIBUTING WRITER | Title: Harvard Loses First At Home To Buccaneers | 3/6/2008 | See Source »

...high school, he recalled, he once gave up sex with his girlfriend to study for a physics SAT II.Grosslight was also a Pac-Man and Mrs. Pac-Man aficionado, having recorded what he said he thinks is likely one of the top ten scores of all time in the latter game—though he said he does not play as frequently now because it would be a “three-hour process.” Grosslight initially matriculated at Northwestern University, where he and his friends had “algebra parties” on weekends. He eventually...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Beauty and the Teaching Fellow | 3/3/2008 | See Source »

...sign of abating. As Michael Reid notes in his insightful new book on Latin America, Forgotten Continent, "Plan Colombia [has] proved to be far more effective as a counter-insurgency plan than as an anti-drug plan, though it [has] been sold to the American public as the latter." The U.S. had put a $5 million bounty on Reye's head - and the Bush Administration is betting that as more headlines like his death come out of Colombia, the American public might not care all that much about being fooled...

Author: /time Magazine | Title: Fallen Rebel: The U.S. Connection | 3/2/2008 | See Source »

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