Word: lite
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Kerviel was no superstar either. He had graduated from what's described as an élite school in Lyons with a degree in "trading" (OK, fellow history majors, once but only once: Hah! Hah! Hah!). But at SocGen, a bank that had made a name for itself trading derivatives - the ever more exotic instruments now available to investors worldwide - he worked in what his colleagues sniffily called "the mine": a trading desk that made uncomplicated up-or-down bets on the direction of Europe's largest stock markets. Kerviel made about $145,000 a year...
...scored by someone who went to a Top 100 school. Which did not stop me from placing my bet. Because real gambling isn't about the odds; it's about the personal narrative you want to project?which, for me, is my need to root for the overeducated élite in everything. Except, of course, when Michael Kinsley's columns beat mine on the Time.com "most e-mailed" list. Don't make me write about the Oscars too, Mike...
...husband Omar worked for TIME as an office manager and translator, and he brought me to meet his family. Faeza, a computer engineer, had never been drawn to housework. Before the war, when she wasn't programming computers at the Baghdad airport, she was swimming laps at the élite Hunting Club. Life wasn't always good in Saddam's Iraq, but for Faeza, it was relatively easy...
...policy-lite message often helps women - a demographic Obama has lost in the last two primary contests - feel better about voting for her husband over New York Senator Hillary Clinton. "She was really a real person, I was inspired, just in awe," Haley Dreis, 18, a freshman at the University of South Carolina, said after seeing Michelle speak. Dreis had been split between Clinton and Obama but was leaning Obama after seeing Michelle. And while Obama's rallies tend to get the crowd chanting and energized, Michelle Obama's are much more poignant, sometimes bringing attendees to tears. At that...
...Western Europeans have been joined by Russians, Chinese, Indians and Eastern Europeans whose wallets have grown along with their countries' GDPs. Now Bentleys and Mercedes roll through London's streets, past the luxury stores, expensive restaurants and exclusive nightclubs that have sprouted to cater to the new élite. With their billions and their brain power, wealthy foreigners help keep London plugged into the world economy as their presence transforms the city into a preserve for the extremely well...