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...With 100 rooms, "our approach is that of a small country hotel," says general manager Peter Bowling. Except that this one has dozens of private assistants who can arrange shark fishing for the adventurous. But if you just want to take a walk, that's fine too. They'll lend you a pair of Wellington boots to keep your feet dry and send the hotel's two Irish setters, Earl and Countess, with...

Author: /time Magazine | Title: The Grander Hotel | 9/6/2007 | See Source »

...Chicago finance professor Robert Vishny (who has since left Chicago to become a full-time money manager). Their argument focused on arbitrageurs who use borrowed money to bet that small market mispricings will disappear but who can't get banks to go along with their sometimes contrarian thinking and lend them money exactly when the mispricings--and thus the opportunities--are the biggest...

Author: /time Magazine | Title: Herd on the Street | 9/6/2007 | See Source »

...last big mortgage debacle, the savings-and-loan crisis, was made mostly in Washington. The S&Ls were required by law to borrow short (via savings deposits) and lend long (via 30-year, fixed-rate mortgages). When that led to big losses in the inflation-racked early 1980s, Congress encouraged thrifts to grow their way out of trouble, in part by financing commercial real estate, with disastrous results...

Author: /time Magazine | Title: Reward the Good Guys | 8/30/2007 | See Source »

...uterus or ovaries removed? Studies have suggested that there's a critical, age-dependent window before menopause during which the hormone - either the body's natural estrogen or that which is introduced during therapy - is protective. Now, two new, related studies in the Aug. 29 online edition of Neurology lend more support to that theory: these studies show that in women under 50, estrogen acts as a defense against later cognitive impairment, dementia and Parkinson's disease...

Author: /time Magazine | Title: Study: Estrogen May Fight Dementia | 8/29/2007 | See Source »

...matter Matisse, she offered us a bright, beckoning palette as a point of entry into all kinds of sophisticated reckonings with form. And though her work is full of references to comic books and cartoons, she didn't put them there as lazy quotations, a means by which to lend herself pop culture street cred. She connected her memories of Disney and Dick Tracy to the tropes of Surrealism, conflating them into a parallel reality that's both funny-pages funny and uncanny in that Surrealist...

Author: /time Magazine | Title: Elizabeth Murray: Bringing Painting Back to Life | 8/14/2007 | See Source »

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