Word: morgane
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...cost housing to schools to mining ventures. Li, a key player in the blossoming romance between China and Africa, said he's visited more than 20 African nations in the past year alone. Others are eyeing the region more intently, too. A panel of moneymen from companies like JP Morgan and Barclays Capital spoke of mounting enthusiasm among foreign investors for leveraged buyouts of African firms, prompting bullish talk that Africa may be private equity's "next frontier...
...nation's largest hedge fund. Plus it trades at 10 times earnings, less than half of Blackstone, and doesn't have its tax bracket being debated by Congress. In fact, many Wall Street firms have significant divisions devoted to alternative investments. Among them, fund manager Schutz most likes Morgan Stanley for its lower valuation...
...elected as their presiding bishop Katharine Jefferts Schori, who had supported Robinson's elevation. Today Williams calls Robinson's election - absent any prior general decision allowing the ordination of people in same-sex relationships - "bizarre and puzzling." "His heart is where it's always been," says Welsh Archbishop Barry Morgan, a good friend. "His natural sympathies and theological understanding are on the side of those who are gay." And yet Williams insists that churches should not outpace the Communion's consensus...
...Many old allies, Williams admits, saw his shift on gays as a "betrayal." One British gay-rights activist snapped: "I hope he likes his newfound friends." But in fact, he has few on the right. "He's a very courteous man," says Morgan. "Sometimes the nuanced way in which he says things is lost on people." Certainly it is lost on archconservative Nigerian Archbishop Peter Akinola, who has said that God regards homosexuality as the equivalent of humans having sex with various animals, and who has commented, "We don't have to go through Canterbury to get to Jesus...
...Poetry magazine begat a larger entity, more suited to wielding nine-figure sums, called the Poetry Foundation. The foundation needed somebody to run it who was equally at home serving art and Mammon, and they found what they were looking for in John Barr, who spent 18 years at Morgan Stanley before co-founding a boutique investment-banking firm on his own. During that time he also published six books of verse and taught in the writing program at Sarah Lawrence. "For me all the stuff I've experienced in the business world was, in a deep way, feedstock...