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...investors who are suffering the losses. Many of the industry's biggest stars are licking their wounds this year. Last week, Tontine Partners, a formerly $10 billion hedge fund based in Greenwich, Conn., told investors it had lost 65% of their money. Tontine's manager, Jeffrey Gendell, made Forbes' list of richest Americans in 2008 with an estimated net worth of $1 billion. Och-Ziff Capital Management Group, which became one of the first hedge-fund companies to go public last November, recently reported that its Asia fund had fallen nearly 17% for the year. Even the fund of David...

Author: /time Magazine | Title: Hedge Funds: How the Smart Money Looked Dumb | 10/15/2008 | See Source »

...meant he ruled out Harvard before he knew more about it.“I felt like not being informed about Harvard as a college was an issue. If I had known the liberal arts feel, I might have applied,” Brebnor said.Brebnor’s list included Amherst, Bowdoin, and Williams.Rose A. Aldea, a QuestBridge Scholar and freshman at Columbia, said she “probably” would have applied to Harvard if it were part of the program, but she was doubtful she would have attended, as Columbia was her first choice.Joseph L. Barnett...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Overlooking QuestBridge Applicants | 10/15/2008 | See Source »

Despite having played at venues like Carnegie Hall in high school ensembles, Campbell also views his small self-orchestrated gigs as major accomplishments. “Even though I wouldn’t list playing at the Queen’s Head on my career resumé, I’m almost more proud of making my own opportunities...

Author: By Samantha L. Connolly, CRIMSON STAFF WRITER | Title: The Pursuit of Jazziness | 10/15/2008 | See Source »

...Today, Columbus should by all means have made the list of things deemed politically incorrect. But Columbus floats in limbo between public reverence and public outrage. Children learn that some Indians died when he came to America, but not that, as Spain’s first viceroy in the New World, Columbus was directly responsible for their deaths. And we still honor this man with a holiday in his name...

Author: By Marina S. Magloire | Title: America Discovers Columbus | 10/14/2008 | See Source »

...Gist: There's something about film critics (or maybe all critics, or possibly just people who like things) that makes them susceptible to the lure of lists. Top Ten Films of All Time, Top 14 Movie Villains, Top 25 Serbian Horror Flicks-the combinations are endless. In his latest, Have You Seen...?, film critic and historian David Thomson, author of the singular The New Biographical Dictionary of Film, delivers a binding-busting list of one thousand flicks you need to check out. Not that he likes-or even respects-all of these movies. Rather, he writes, "This is a book...

Author: /time Magazine | Title: 1,000 Movies To Watch | 10/13/2008 | See Source »

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