Word: rubins
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...Wham! Pow! Zap! Quincy House non-resident tutor and former librarian Julia S. Rubin '84 estimates the Qube's hulking collection to include at least 5,000 titles. Volumes range from old-school-classics like Batman to fresh-off-the press X-Men. Some are yellowed and faded, others shiny and prime for paper-cuttage; every character, from the Avengers to the X-Men, exercises powers even the most ambitious Harvard student can't access...
...economics, and many developing nations are paying more attention to their policies. Says a Treasury official: "It was awfully hard to tell the Thais they had something to worry about when they were growing at 8% a year. They're a lot more attentive now." Greenspan and Rubin hope they can turn that attention into the kind of reforms that will make these emerging markets closer to ideal. Among the top priorities: cleaner international banking systems, transparent lending practices and more open markets. As soon as they can ram those changes through, they expect growth to pick up again--possibly...
None of the three men will talk about life after government, though Rubin says of Summers, "Larry is one of the few people smart enough to be either chairman of the Federal Reserve or Secretary of the Treasury." Few who know Summers doubt that he will someday hold one of those jobs...
JOSHUA COOPER RAMO, editor of TIME's World section, takes you inside the most powerful economic triangle in Washington in this week's cover story on the Committee to Save the World, a.k.a. Fed Chairman Alan Greenspan, Treasury Secretary Robert Rubin and Deputy Treasury Secretary Larry Summers. As volatility has upset foreign markets and economic models, the three men have forged a unique partnership to prevent the turmoil from engulfing the globe. "They are motivated by the prospect of confronting entirely unprecedented economic challenges," says Ramo. Reporting this tale proved a challenge too. Ramo followed Summers to Russia this summer...
MICHAEL O'NEILL and DIANA WALKER, two veteran photographers, together captured the telling pictures of Greenspan, Rubin and Summers that appear in this week's issue. O'Neill had only 25 minutes to shoot the cover image of the three, who had never before posed together. One of America's premier portraitists, O'Neill composes artistic yet journalistic images that convey a message quickly and clearly, as a cover must. Walker, a TIME photographer since 1979, has captured six White House News Photographer awards for pictures of the First Family. Her ability to gain a subject's trust allows...