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...opportunity--everything from distressed Japanese real estate to Russian oil futures--marketed and packaged by giant banks like BankAmerica or by fund companies like Fidelity Investments and the Vanguard Group. "This is like the automobile's coming," says Sanford. "We'd always had transportation--people walked, eventually they rode donkeys--but the automobile was a break from everything that came before it. Risk management will do that to finance. It's a total break...

Author: /time Magazine | Title: The Big Bank Theory | 4/27/1998 | See Source »

Last night in Amherst, No. 19 Harvard (7-3,3-1 Ivy) looked like they might fall to the No. 10 ranked Minutemen (6-3), but rode on the shoulders of senior attackman Jim Bevilacqua whose outstanding six goal performance lifted the Crimson to a 13-12 victory. The climax was the offensive star "getting Jimmy with it," scoring in spectacular fashion with only 12 seconds left to turn out the lights on their opponents. HARVARD 13 UMASS...

Author: By Owen Breck, CONTRIBUTING WRITER | Title: Belivacqua's Heroics Spur Crimson Upset | 4/16/1998 | See Source »

...been taken at a construction site. Boyz II Men competed with the machine, which sounded like a jack hammer. It wasn't ideal, but the second picture was undoubtedly my least favorite. The machine rocked me as if I were reclining atop ocean waves. The waves of magnetism forcefully rode up my spine and made me ill. At that point, I closed my eyes and kept them closed for the rest of the procedure...

Author: By Melissa ROSE Langsam, | Title: Life As a B-Movie | 4/9/1998 | See Source »

Todos Santos is famous for big waves, which generally range between 25 and 35 ft. tall. This year, however, because of the storms ushered in by El Nino, the waves at Todos Santos have been epic. The official word isn't in yet, but the wave Knox rode may well have been more than 50 ft. high. If that's the case, Knox should win the K2 Big Wave Challenge, which at the end of this month will award a $50,000 prize to the surfer who caught the biggest wave of the season. And if he wins...

Author: /time Magazine | Title: The Winter Of Giant Waves | 3/30/1998 | See Source »

This is the second year of living dangerously for Indonesian President Suharto. During the first, in 1965, he coolly rode out a coup, followed by massacres that killed 500,000 people, and emerged as the country's leader. In this one, economic ruin threatens to topple him. Yet as the rupiah plunges into worthlessness, the nation's debts go unpaid, the International Monetary Fund suspends emergency aid, and students riot in universities, he blithely has himself reappointed to his seventh five-year term as President...

Author: /time Magazine | Title: Indonesia On The Brink | 3/23/1998 | See Source »

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