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...with the speed and the pacing." Soon enough, though, he designed a lucrative $100 million trade - then the largest of its kind Goldman had ever handled - for a Muslim client to comply with the religion's rules against receiving interest payments. In 1984, Goldman partner and J. Aron chief Mark Winkelman put Blankfein in charge of a group of foreign-exchange salesmen and later in charge of all foreign-exchange business. Rubin, then on the firm's management committee and responsible for both risk arbitrage and J. Aron, had advised Winkelman against it. According to Charles Ellis' 2008 book about...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...integration of baseball and with it, the opening of the door to greater integration in society. The deaths of the Kennedy brothers and Martin Luther King, Jr. had their baseball echo in Roberto Clemente’s death in 1972, which served as an explosive punctuation mark at the close of the “60s” and ushered in the era of what-do-we-do-now malaise, stagflation, oil shocks and Nixon’s demise. Finally, the economic boom of the 1990s and early 2000s had its home-run kings, whose singular ability to hit balls...

Author: By Gabriel J. Daly | Title: Little Papi | 8/31/2009 | See Source »

...August 2006. Yet upon learning that he had thrown himself in front of a train a few hours after she escaped, she reportedly burst into tears. "All I can say is that, bit by bit, I feel more sorry for him," Kampusch said in a 2007 documentary intended to mark her first year of freedom, calling Priklopil a "poor soul - lost and misguided." (Experts note that because they are especially vulnerable and impressionable, children may be particularly prone to forming bonds with their captors, a phenomenon that may differ from Stockholm syndrome in adults.) Victims generally stand a good chance...

Author: /time Magazine | Title: Stockholm Syndrome | 8/31/2009 | See Source »

...mission and for the broader educational environment Harvard seeks to foster,” University Provost Steven E. Hyman said in a statement. The University Safety Advisory Committee will advise Harvard administrators and serve as an umbrella group to the existing safety committee at the College. Kennedy School Professor Mark H. Moore, who served on the original committee that drafted the report, will chair the University committee comprised of faculty, staff, students, and Harvard police representatives. The announcement did not clarify the specific responsibilities of the safety committee. The University did not respond to a request for comment over...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Committee To Improve Police Relations | 8/30/2009 | See Source »

...biggest in Boston, though by no means the fanciest. This is the church where people come for healing; it was known for so many miracles it was called "the Home of Wonders," the Boston Globe explained, its chapel flanked by bouquets of crutches and braces that mark the healings. When Kennedy's daughter Kara was being treated for lung cancer at the Dana- Farber Cancer Institute nearby, he came regularly to pray...

Author: /time Magazine | Title: Gathering to Pay Last Respects | 8/29/2009 | See Source »

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