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...Bank, he penned a memo explaining the "impeccable" economic logic of dumping toxic waste in developing countries, igniting a firestorm despite his protests that he was being sarcastic. Years later, as president of Harvard, he publicly raised the hypothesis that women have a less innate ability for science and math than men do, sparking a controversy that helped lead to his dismissal from the top job, despite repeated apologies and clarifications. "The stories are legend, and he definitely has some rough edges," says a former official who worked with Summers at Treasury. "I thought it was just that...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

...tabloid math, the only thing better than a picture of a celebrity is a picture of a celebrity with his or her cute kid - or in some cases, just the kid (see Suri Cruise). There's no bigger celebrity at the moment than President Barack Obama, who has already been on the cover of such august political organs as TV Guide and Entertainment Weekly. As luck would have it, Barack and Michelle Obama have two of the cutest - and therefore potentially lucrative - offspring on the planet. Beanie Babies maker Ty has already released Sweet Sasha and Marvelous Malia dolls...

Author: /time Magazine | Title: Sasha and Malia: In the Eye of the Paparazzi | 1/28/2009 | See Source »

...failing and turbulent economy, looking at how a company may do over the course of this year requires more imagination than it does math skills. Earnings actually tell very little. They are a picture of the past. Most come out several weeks after a quarter ends. In a recession, that gap in time may make looking backwards a process which is nearly useless. Looking forward. nearly every public company in America is basing its guidance on conjecture more than predictable sales. That is why a growing number of companies are withdrawing forecasts all together...

Author: /time Magazine | Title: Why Earnings Don't Matter in the Current Economy | 1/23/2009 | See Source »

...Chaos theory says that behavior that appears to be random is not. The future dynamics of chaotic systems are always defined by their initial conditions. Even the most unruly process cannot defy prediction. That may work for people who have PhDs in math but for the balance of investors chaos is chaos, plain and simple. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: Chaos Theory Takes Hold Of Corporate Earnings | 1/13/2009 | See Source »

...Rodriguez ’05, Siegel and Zaccagnino organized roughly 10 pub nights in Loker Commons in order to demonstrate interest in creating a social space. Ultimately, the Queen’s Head was created from what Zaccagnino called “an empty place where people met for math tutoring.” Siegel and Zaccagnino decided to pursue music full-time after Harvard, and they have since founded Indaba Music, a Web-based service that connects musicians around the world and allows them to record music online. The site now boasts more than 100,000 members...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Veritas Aims for the Stars | 1/11/2009 | See Source »

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