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...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 that few could imagine was possible, he was able to buy the contracts cheaply. It was a risky move. If the price of oil never reached $100, the contracts would expire worthless. Instead, when oil topped $100 in 2008, Hall's Phibro division made a bundle, far more than...

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

...fact that the show’s run has already sold out is an indication of its fame and also of its thematic appropriateness to this academic setting. “We really wanted to reach out and branch out beyond the typical theatergoers,” Lodha said. “There is something interesting in the convergence of mathematics and theater. What’s very interesting about this show is taking something that seems like two polar opposites and showing that there isn’t that much of a difference after...

Author: By Daniel K. Lakhdhir, CONTRIBUTING WRITER | Title: Proving the Links of Math and Art | 10/16/2009 | See Source »

...order for “ACT UP” to be more than just another exhibition and to actually affect such change, it needs to have a reach beyond the activist and artist community. “One of the most wonderful things about this exhibition, and about visual arts in general, is that it can provide us with an opportunity to really strike at a topic from many different disciplinary perspectives. Because this is such an essential historical material and one that has really been lacking in popular consciousness now—or at least on campus?...

Author: By Susie Y. Kim, CRIMSON STAFF WRITER | Title: Re-Act | 10/16/2009 | See Source »

...about communism and the people who lived under it—not when it collapsed under its own weight, but when it threatened to become the world’s dominant form of government. The authors of the anthology, as disparate in their ideologies as in their backgrounds, reach no conclusions. They make few grand claims about communism as a system of government. To some extent, the lack of some overarching statement or idea is frustrating, but it simultaneously feels just. Instead of prescribing a specific view, “The Wall in My Head” makes the reader...

Author: By Daniel K. Lakhdhir, CONTRIBUTING WRITER | Title: The ‘Wall’ in their Own Words | 10/16/2009 | See Source »

Pigs still can't fly, but this winter, the mayor of Moscow promises to keep it from snowing. For just a few million dollars, the mayor's office will hire the Russian air force to spray a fine chemical mist over the clouds before they reach the capital, forcing them to dump their snow outside the city. Authorities say this will be a boon for Moscow, which is typically covered with a blanket of snow from November to March. Road crews won't need to constantly clear the streets, and the traffic - and quality of life - will undoubtedly improve...

Author: /time Magazine | Title: Moscow Mayor Promises a Winter Without Snow | 10/16/2009 | See Source »

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