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Byron Wein was senior investment strategist at Morgan Stanley until 2005, when he left to join Pequot Capital Management, a hedge fund in Westport, Conn. Each December, Wein forecasts 10 possible surprises for the year ahead, events that may not be on Wall Street's radar but nevertheless have good chance of occurring. His prescience on market issues has won him a wide following. In an interview with TIME contributing editor John Curran, Wein reviews his 2009 list and opines on the stock market's prospects...
...first rise of the curtain, revealing pairs upon pairs of synchronized tapping feet. While perhaps hewing a bit too close to the design and staging of the excellent 2001 Broadway revival, the Boston Conservatory’s production—which ran through March 8—is nevertheless an exuberant triumph on all levels.The ultimate backstage musical, “42nd Street” follows ingénue Peggy (Riley Krull) as she attempts to get a part in a new Broadway show directed by the famous director Julian Marsh (Brennan Roach). As Peggy’s celebrity grows...
...clear that the independence of the Emerald would have been threatened under the arrangement proposed by the board of directors. Though Smith and the board assured the students that the publisher would not make serious changes to the content of the newspaper, giving an outside source complete supervisory control nevertheless places the editorial freedom of the Emerald’s student editors in a precarious position...
...with a wild story of a car accident in the U.S., followed by a mafia demand that Sgarbi pay compensation to the parents of a child that had been hurt. Business colleagues and German reporters have described Klatten as normally skeptical and the possessor of a highly analytical mind. Nevertheless, she handed over $8.84 million in cash in the underground parking lot of the Munich Holiday Inn, according to Italian newspapers. The money was a "loan" to help Sgarbi out of his troubles...
...current draft of the school budget calls for an increase of 2.5 percent over the 2009 budget, which nevertheless represents significant cutbacks in school expenditures, due to increases in energy and personnel costs, Tauber said...