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Lastly, according to Harvard law professor Allen Ferrell, who has studied corporate giving, where Goldman employees donate may matter as much as how much they end up contributing to charity. And a look at past donations suggests that Goldman and its employees will have to do a better job of choosing their charities if they hope to get the maximum image boost. Among the roughly 450 nonprofit organizations that Goldman employees donated to through the voluntary program in 2008 are some of the nation's most élite private schools. One of the largest recipients of Goldman money...
...unlike the risks at the poker table, where your losses are just yours, in the larger world, you can take down a lot of other people with you. "Organizational malfeasance in general depends on this kind of risk analysis," says Siler. "Look at a place like Enron. People took a lot of small chances and won, then took big chances and lost big." Indeed, Siler points out, during the recent financial crisis, an entire nation - Iceland - went bankrupt in a similar way, trusting high-risk, high-reward investments that quit paying...
...things generally about earthquakes," says Blanpied. "We look at faults and patterns of quakes over many years and say where on the landscape they're likeliest to occur next. This forecasting is usually in the long term." Indeed, scientists predicted as recently as 2008 that a fault zone on the south side of Haiti's island of Hispaniola posed a "major seismic hazard...
McCain, meanwhile, is still trying to enforce a no-look-back zone on the facts in our book and on his presidential bid. Palin, after all, was a bet that didn't pay off - and probably backfired - for the Arizona Republican. Understandably, McCain isn't keen to admit he played a poor hand. During a Jan. 12 appearance on the Today show, he was asked by Matt Lauer if it was true that his campaign had done only a cursory background check on Palin before selecting her as his running mate. McCain disavowed responsibility for the process used to scrutinize...
...Soon, the idea of a global concert for peace was born. Though it was originally intended to be held within the Vatican, years of delays and cancellations led Garson to look further afield. At one point the concert was to be held at the U.N. office in Geneva, but that, too, was cancelled, leading him to search in the Middle East. Eventually, his work took him to China, where he believes he was destined to hold the concert all along. "Things happen for a reason," he says...