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...heavy cost of being big. Too-big-to-fail banks should have a capital cost that will make it a disadvantage to compete in the riskiest parts of the financial-services market. I also like President Obama's recent proposal, the so-called Volcker Rule, which would limit proprietary trading and investing. Combining these two regulatory changes ought to encourage big banks to figure out new business strategies, and that would involve selling off some of their riskier businesses...

Author: /time Magazine | Title: An Ex–Goldman Partner Lets Loose on Wall Street | 2/2/2010 | See Source »

...like French fries, and I probably shouldn't eat them very often. I actually came up with a rule: Eat all the junk food you want as long as you cook it yourself. One reason we struggle with obesity today is that special-occasion foods like French fries, cakes and cookies have become so easy to obtain...

Author: /time Magazine | Title: 10 Questions for Michael Pollan | 2/1/2010 | See Source »

...superb lawyer and a true leader in the legal community,” HLS Dean Martha L. Minow said in a press release. “His wisdom, judgment, and intellect infused his deep commitments to enhancing justice and the rule of law around the world and his outstanding service to this law school...

Author: By Zoe A.Y. Weinberg, CRIMSON STAFF WRITER | Title: Robert D. Joffe ’64, Former Cravath Head and Corporate Legal Adviser, Dies at 66 | 2/1/2010 | See Source »

...have a rule list of things you can and can’t do. The all-black rule is for fashion shows and events. It’s like a private school. We don’t want self-expression at our shows. Do you think Martin Margiela wants his PR team to wear Cavalli? I don’t think so. Black is non-descript. You don’t know if it’s GAP or Yohji...

Author: By Charles A. Lacalle, CRIMSON STAFF WRITER | Title: 15 Questions with Kelly Cutrone | 2/1/2010 | See Source »

...Hossein Mousavi, the candidate who opposition supporters believe actually won the disputed election - have publicly recognized Mahmoud Ahmadinejad as President while reiterating their belief that his re-election involved widespread irregularities. They have also distanced themselves from calls among demonstrators for the overthrow of Khamenei and clerical rule. Observers believe these gestures have opened the way for more-pragmatic conservatives within the regime to press for reconciliation with the opposition. (See the top 10 players in Iran's power struggle...

Author: /time Magazine | Title: Iran's Opposition: Confrontation or Compromise? | 2/1/2010 | See Source »

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