Word: reds
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...Wall St.'s primary argument for keeping a high level of compensation for its best investment bankers and traders is that, if they leave, overall losses at banks could get worse. People can be profit centers. The most successful ones help offset the red ink created by the series of poor decisions that big financial firms made about mortgage-backed paper and commercial credit loans. It is easy to assess the value of the best traders by looking at a bank's books. (See pictures of TIME's Wall Street covers...
...Thursday afternoon, and Sever 106 is filled with the lively chatter of students in English 192p: “Postmodern Literature.” Glenda R. Carpio, associate professor of African and African American Studies and of English, is dressed in a fitted black suit with red embroidery, her dark curls swept into a ponytail. She begins to speak, but her words are devoured by the noise. Seconds later, she picks up her pace and volume, and silence falls over the room—it’s clear that she is the master of the classroom with her spunk...
...bottom of the nation's education achievement tests, and what would Davis, as governor, do about it? "We pat ourselves on the back when we move from 46 to 42 in education," he tells the audience, standing in front of a large blue sign that says, in white and red ink, DAVIS 2010. There are a couple "uh-huhs" and "hmmmms" from the crowd, as the candidate makes clear Alabamans need "more of a sense of ambition than we've ever...
Forty-three years ago, this magazine published a stark cover with the words "Is God Dead?" stamped in red against an inky black background. The accompanying article predicted that secularization, science and urbanization would eliminate the need for religious belief and institutions before long; in modern society, only the weak and uneducated would persist in their faith. Yet rumors of religion's demise turned out to be premature. Over the past few years, neo-atheists like Sam Harris and Christopher Hitchens have taken up the cry again, encouraged by studies showing that the percentage of Americans who report no religious...
...least four more years to pursue his "citizens' revolution," which has seen increased spending on the poor and the scrapping of some red tape for everyone else, including an end to Soviet-style exit permits the 14 million Ecuadorians previously needed to travel outside the country. "People believe in him," says political scientist Simón Pachano at FLACSO University in Quito. "His leadership, the economic situation to date and the breakdown of the old party system all favor...