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...doing a marathon reading of your book - eight nights, seven venues, over the next two months. Is it even worth it these days for authors to do readings unless they're going to be unique or kooky in some way? Readings are usually ... deadly. It can be kind of a strange ritual. I probably shouldn't say this, but I'm permanently in a kind of moderately bad faith as a giver of readings, because I'm not a great fan of them. I don't think of that as a hot night out. So I usually try to make...

Author: /time Magazine | Title: Novelist Jonathan Lethem | 10/19/2009 | See Source »

Hall's success in calling the oil market is what has led him to demand higher pay than most. In 2003, Hall had the belief that the price of oil would rise dramatically in the next few years. Back then, oil was trading at around $30 a barrel, and coming out of a recession few thought prices would rise anytime soon. So Hall bought so-called long-dated oil-futures contracts that would pay off if the price of oil topped $100 at some point in the next five years. Because Hall made a bet oil would reach a price...

Author: /time Magazine | Title: How Citi's Andrew Hall Made $100 Million Last Year | 10/19/2009 | See Source »

...gold paydays at financial firms are about to become a hot topic - again. In the next week or so, Kenneth Feinberg, the U.S. Treasury Department's special master of compensation who is scrutinizing pay packages at bailed-out banks, is expected to release a report on the 75 top pay packages at the seven firms that have received the most government support. Feinberg may say some of the salary deals are too rich and need to be reduced...

Author: /time Magazine | Title: How Citi's Andrew Hall Made $100 Million Last Year | 10/19/2009 | See Source »

Rose, an acclaimed interviewer, contented himself with pitching softballs (How is the Harvard of the '60s and '70s different from that today?) and inane questions (Imagine a freshman asks you, "What do you want me to get out of this? What kind of person should I become in the next four years?"). Faust, the humble historian, talked about diversity and lauded the Q guide as an example of Harvard's dedication to quality teaching. (Unfortunately, only the first ten minutes of Faust's interview were posted on Charlie Rose's Web site...

Author: By Peter F. Zhu | Title: Our Fearless Leader on the Tube | 10/18/2009 | See Source »

Anticipation for the Waziristan offensive began this summer, after the conclusion of active fighting in Swat, another militant stronghold in Pakistan. Provincial officials announced that the government had decided to move next against the then chief of TTP, Baitullah Mehsud, in his South Waziristan stronghold. But military operations in Swat continued and fighting spread to other districts, which tied up army operations for several more months. (See pictures of art from Pakistan and Afghanistan...

Author: /time Magazine | Title: Pakistan: Behind the Waziristan Offensive | 10/18/2009 | See Source »

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