Word: modernity
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This was my first glimpse into the strange modern methods of making money from making markets in stocks. Madoff's version of it was actually outdated by the time he explained it to me. With the government-ordered advent of decimalization in 2000 (stocks were previously traded in eighths of a dollar) and the rise of nimble competitors, the big spreads that Madoff Securities once feasted on were already a thing of the past...
...Monday, officials from the European Rugby Cup punished a gaggle of people from the storied London pro club the Harlequins for behavior that, even by modern standards, seems astonishingly under-handed. Harlequins staffers, the club's coach, and one player were banned from the sport for up to three years for staging a blood-gushing injury to help the team gain an illicit advantage over rival Leinster in the dying moments of a European Cup tournament quarter-final match in April. The goal: have a player simulate an open wound in order to exploit an exemption to substitution rules that...
...opportunity for me to both listen, and hopefully in a humble way, to share some experience and perhaps a little learned wisdom that I may have to offer," said Coleman, who emphasized his desire to better understand "how we can improve the political process," particularly through the use of modern communications technology and social networking tools. "How do you reach out to young people? My party has not done a good job of that...
...epic could use a little dusting off. The younger generation of Indians, not to mention non-Indians who haven't grown up listening to the epics stories, find the long, complicated tale too difficult to follow. Even in modern retellings - of which there are many - the Hindu philosophy, the wide cast of characters, and the scope of the tale make the Mahabharata a challenging read. Sreedharan says he wants to simplify the story and make it accessible to both young Indians and foreigners alike. "Without giving it the canopy of an epic, if it's projected as just a tale...
...many Afghanistan experts, that's as it should be. U.S. security goals in the region, they argue, cannot be achieved purely by military means; good governance and modern institutions are essential to prevent the resurgence of extremism and to allow American and NATO troops to someday head home. "Democracy and development have to be part of any exit strategy," says the Rand Corp.'s James Dobbins, who was President Bush's first envoy to Kabul. (Read "Afghanistan Exit Strategy: Buying Off the Taliban...