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...wanted to run a sniff test for his audacious tax-cut program, which includes eliminating the levy on corporate dividends, he dispatched his new economics chief, Stephen Friedman, to New York City to wave it under the noses of such bankers as UBS America chairman Donald Marron and brokerage legend Muriel Siebert. Friedman is a polished pinstriper, a former Goldman Sachs chairman with the kind of Street cred the Administration lacked before purging its economic team last month. In four meetings, Friedman did as much listening as talking, knowing enough not to insult his former brethren with a lecture...

Author: /time Magazine | Title: Get Ready For Class Warfare | 1/20/2003 | See Source »

...with more conventional qualifications. But he opted to be daring. He touched my hair and said, 'I want you with your dreadlocks.'" Though Brazil's population is 45% black, Gil and Social Assistance Minister Benedita da Silva are only the second and third black ministers in its history (football legend Pelé was the first). "We belong to the real Brazil that is finally starting to win a place in power, a place in the national leadership," he says. Gil grew up with the inequities Lula has vowed to fight. "I am the son of a doctor and a teacher...

Author: /time Magazine | Title: 'We Belong to the Real Brazil' | 1/19/2003 | See Source »

Forget champagne. To celebrate the weekend-long visit of the Korean American diving legend Sammy Lee, Harvard’s head diving coach brought out a case of Sammies, the eponymous floppy, plastic towels named after Lee that divers use to dry off between dives...

Author: By Sarah L. Park, CRIMSON STAFF WRITER | Title: Korean Students Meet Legendary Diver | 1/13/2003 | See Source »

Taylor, celebrated as a living legend in dance and a master of archetypal imagery, has choreographed 118 pieces during his 48-year career...

Author: By Allie R. Murray, CONTRIBUTING WRITER | Title: Visiting Teacher Gives Students a Reason To Dance | 1/10/2003 | See Source »

Investors who want a decent return--but don't want to take on a lot of risk--have few choices. Many are turning to preferred stock, which comes in a handful of confusing varieties. There's convertible preferred, favored by investing legend Warren Buffett. Traditional preferred is bought mainly by insurance companies and pension-fund managers. But a relative newcomer, fully taxable preferred, is the best type of preferred stock to consider today, if a secure income stream is your goal...

Author: /time Magazine | Title: Fishing for Yield? | 12/23/2002 | See Source »

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