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...number of academics have pretty much refuted nearly every one of those early explanations as being too specific. Some economists have even questioned whether there was a credit crunch. Economic professor René Stulz of Ohio State University, for one, has written papers trying to clear Wall Street pay and credit-default swaps of any blame. Despite recent apologies, Goldman Sachs executives, too, say that they are no more to blame than anyone else in the financial markets. (See high-end homes that won't sell...
Helping women in the Middle East and other areas of the world to achieve equality does something else: it reminds the rest of us how much there is still to do. In many Western countries, strong equality laws are in place, but the pay gap between men and women is widening, while the glass ceiling remains as resilient as ever. Today, we may be looking to the positive role that women can play in regions such as the Middle East. But the fight for true equality is a global one, and it is far from won. Cherie Blair...
HEATHER BAKER, a suburban-Washington homeowner who is purposely defaulting on her mortgage despite having the money to pay it. She cites the property's devaluation as her reason...
...role in the 2008 Brideshead Revisited remake, and who is Colin Firth's lover in A Single Man. Here he agreeably inhabits his character even as he somehow stands outside the film, fixing it with the same skeptical eye Declan focuses on Anna. "The countryside's pretty and the pay's OK," Goode's attitude seems to say, "and it's not my disaster." Welcome another gentleman Brit to possible leading-man status in Hollywood. Everyone else involved should redact Leap Year from...
...Magazine’s Daily Intel blog, we were amused to find an interesting little “quote” from one of our very own—HBS professor William W. George (better known as simply Bill George). “If you don’t pay them for their performance, you’ll lose them. It's much like professional athletes and movie stars," George had said, supposedly referring (as the blog had initially suggested) to bankers...