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Jobs is different. He's a one-man brand, an innovator and agitator, a technical and cultural touchpoint for the media and information industries. He brought us the Mac machine that defines the personal-computer experience today. He changed music with the iPod, nearly making Sony obsolete. The touchscreen iPhone conquered Motorola's once so hot Razr. It's his vision and insane focus on style and function that made Apple the temple of techno-cool. So, if Apple is Jobs, what is it without...
...rapid recovery from the 2001 recession due to tax cuts and shrewd economic policy, the administration has made consequential efforts to shore up America’s economy in this latest financial crisis. As the largest buyers of sub prime mortgages from 2004 to 2007, Fannie Mae and Freddie Mac helped fuel the housing bubble and exacerbate the burst. The Bush Administration tried no fewer than 18 times, publicly and on the record, to push Congress to agree to reform these Government Sponsored Entities. And while Defense and Homeland Security spending has increased to face the perils of a post...
Among the top-tier performers are also, perhaps surprisingly, a number of banks. While it's true that plenty of finance firms have been absolutely clobbered - worst of all, nationalized housing giants Fannie Mae (down 98%, to $0.70) and Freddie Mac (down 98%, to $0.74); insurers AIG (down 97%, to $1.80) and Ambac (down 95%, to $1.38); and brokerage MF Global (down 94%, to $1.96) - operators of smaller, community banks that ostensibly didn't get caught up in so much mortgage-related fancy footwork have often thrived. Among them: Capitol Federal Financial in Kansas (up 41%, to $43.65), Tompkins Financial...
...sitting in the basement trying to count 350 rings and stop the bells.” The synchronous ringing may last longer than 10 minutes, in which case the event will override Memorial Church’s regular 4:00 p.m. bells. —Staff writer Mac McAnulty can be reached at mcanulty@fas.harvard.edu...
...Mac McAnulty contributed to the reporting of this story...