Word: picking
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...turmoil has some questioning not just hedge-fund performance of late, but also the industry's essential business model. Hedge funds employ a dizzying array of investment strategies, from reliance upon superstar managers who preside like Delphic oracles to the use of byzantine computer algorithms that pick out minute pricing discrepancies and take advantage of them. The profits on these transactions may be small, but funds multiply them many times over by leveraging their investors' capital. This strategy can go awry - as it did spectacularly in 1998 when Long Term Capital Management, a giant U.S. fund whose founders included...
Offshore, a growing flotilla of warships from the U.S., Russia, the European Union and India has been trying to keep Somali pirates from taking their pick of the 16,000 mainly cargo ships that pass through the Suez Canal annually. There are several gangs of pirates; armed with Kalashnikov rifles and traveling on small fishing boats and skiffs, they have attacked more than 80 ships and hijacked at least 30, collecting anywhere from $18 million to $30 million in ransom, according to the British strategic think tank Chatham House. Big paydays have made them progressively bolder: one gang is still...
That kind of bad guy is no joke these days, so screenwriters Paul Haggis, Neal Purvis and Robert Wade pick their Quantum villain from Column A. Greene is a zillionaire tycoon who uses environmental philanthropy to mask his plan to divert water from the peasants of South America. (Bolivia is the new Chinatown.) Amalric, the French actor often seen in harried, sympathetic roles like the paralyzed writer in The Diving Bell and the Butterfly, is effectively reptilian here, his whispers tinged with menace, his smile hinting at sadism...
...winner of our focus group was Oliver, the fake choice we put on the list to see if people would just pick a superpopular name. Griffin came in second, followed by Ezra and then Isaac and Levi. Judah and Edison were right behind, with Zed coming in a shocking ninth out of 20, thus proving I need new friends, because ours are either idiots or trying to sabotage...
...halo beaming around his head. Too bad the blinding light of Skinner’s presence blocks out the Powerpoint presentation behind him. I, too, want to experience Dr. M. Skinner’s spiritual counsel. Three minutes of religious elation is not enough. Anyone know where I can pick up my own copy of “Go Low?” —Madeleine M. Schwartz