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...French are quite in touch with their hatred of capitalism, but they hardly remember France’s original sin with financial markets. Back in 1719, in what became the first modern bubble (and bust), John Law single-handedly obliterated the incipient Parisian stock market. Once a penniless gambler, the rogue Law became part of the King’s court and eventually rose to Controller-General of Finances. He achieved control of the central bank, most money-issuing mints, the national debt, the collection of indirect taxes, and the largest player in the market, the Company of the Indies...

Author: By Pierpaolo Barbieri | Title: When It Hits the Fan | 2/12/2008 | See Source »

...talk, but not much action at the Group of Seven (G-7) meeting in Tokyo on Saturday, where finance ministers and central bank governors discussed how to minimize what U.S. Secretary of the Treasury Henry Paulson, Jr., referred to as the "spillover of capital markets to the modern global economy" - that is, the global turmoil that has built up in markets since last August...

Author: /time Magazine | Title: G-7: Global Markets, Global Warming | 2/10/2008 | See Source »

...Così fan Tutte,” which means “women are all alike,” was originally considered highly controversial due to its racy subject matter and was rarely performed for much of its early history. However, this same bawdiness appeals to modern college audiences; the DHO performed “Cosi fan Tutte” as recently as 2004. In keeping with its mission to make opera that is “youthfully innovative,” the DHO decided to set the production in the 1920s and all songs are performed using Andrew Porter?...

Author: By Eric M. Sefton, CRIMSON STAFF WRITER | Title: 'Così fan Tutte' Carried by Cast | 2/10/2008 | See Source »

...Divine Reality Comedy,” performed at the Cyclorama from Feb. 4 to 10, is a complex production by the Vermont-based Bread and Puppet Theater, featuring both masked and unmasked actors, elaborate props, and the occasional puppet. It’s a modern adaptation of Dante’s “The Divine Comedy,” a medieval epic poem that detailed the author’s view of the Christian afterlife.“The Divine Reality Comedy” is perhaps best described as a proselytizing Polyphonic Spree meets political theater. As intriguing...

Author: By Molly O. Fitzpatrick, CONTRIBUTING WRITER | Title: This 'Reality' Not Very Divine | 2/10/2008 | See Source »

...have to be more than an electoral version of loaves and fishes. It would require him to become a completely different candidate. Preferably Mitt Romney. Romney, for all his bland disingenuousness, worked the hardest of any of the final front-runners to pander equally to all segments of the modern Republican Party. Huckabee and McCain have both hesitated to make promises that would go against what they see as their core constituencies. Huckabee refuses to soften on his liberal spending policies in order to appease pro-business Republicans; McCain refuses to moderate the thumb-in-the-eye rhetoric that...

Author: /time Magazine | Title: Obama Sweeps, Huckabee Hangs On | 2/10/2008 | See Source »

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