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Everyone - or at least everyone who claims to be happy - has some reason for finding the upside to the downturn. Mine has to do with the end of Expectation Inflation, a phenomenon that can be as corrosive to our spirits as price inflation is to our savings. Expectations are a mash-up of hope and conceit, what you've earned and what you imagine luck might hand you as a bonus for just showing up. So what did it mean that over the past generation our expectations grew so big so fast that we had effectively supersized the American Dream...
...profane, telling quote--the high-noon drama of the meltdown. When Morgan Stanley CEO John Mack tells Lehman boss Dick Fuld, "There are rumors that you guys are in trouble," Fuld, the "Gorilla of Wall Street," answers with tough-guy bravado, "It's bullshit." Lehman's stock price was soon in free fall...
Apart from his wife, the pivotal figure in Carver's adult life was Gordon Lish, an influential fiction editor at Esquire magazine who later became a power in book publishing. In 1970, when Carver was 32, Lish gave him his first crucial exposure in Esquire--but at a price. He revised Carver's manuscripts extensively, cutting out whole pages, changing titles, expelling lyrical passages and moments of uplift. The result was a set of stories more terse and elliptical than the originals, more "minimalist," which was how Carver's early style came to be known...
...green cleaning is to use liquid carbon dioxide. CO2 is nontoxic - thankfully, since so much of it is in the atmosphere. In CO2 cleaning, clothes are put in a vacuum chamber with gaseous and liquid CO2, which dissolves dirt and oil. The drawback here is price: a new CO2 dry-cleaning machine can run more than $100,000. Cleaning green "does take longer and cost more," admits Kistner. How much more? Green Apple charges at least $6.16 to clean a shirt using wet methods or CO2. (See TIME's special report on the climate change summit in Copenhagen...
...People's Republic beginning in the mid-1960s. Cheng was an improbable survivor of Chairman Mao's brutal campaign, a porcelain-boned diplomat's wife who spent the precommunist years swathed in silk. Yet as she recalled in her best-selling account, she would learn to "fight, whatever the price...