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Santander's Other Secret The Abbey turnaround came straight from the Santander playbook - and highlights the second key to the company's incredible success: software. First step, in goes Santander's proprietary Parthenon software, which organizes a bank's business by customer instead of by product line, as had been the case at Abbey. "This is the kind of sophisticated information JPMorgan still didn't have, and I saw it at a Santander branch in Chile," says Davide Serra, head of the U.K.'s Algebris hedge fund. The system facilitates cross-selling to existing customers while allowing Santander...

Author: /time Magazine | Title: Santander: The Most Boring Bank in the World | 1/18/2010 | See Source »

...that games' remarkable ability to forge otherwise distant connections. When racists attacked a virtual Darfur refugee camp in 2006 in the online role-playing game Second Life, it caught the attention of KallfuNahuel Matador, a bald, blue-skinned avatar. "It was like somebody had thrown a virtual bomb," says Matador, a Canadian who asked to be referred to by his online name so as not to blend his real life with his second one. What he saw motivated him to organize a team of online superheroes to secure the camp, make patrols and recruit players to stop similar acts...

Author: /time Magazine | Title: Can Video Games Save the World? | 1/18/2010 | See Source »

...just one terrorist. Once upon a time, al-Qaeda's modus operandi was to launch multiple, simultaneous attacks. That way, even if one attack failed, the entire operation wouldn't. On 9/11, the network deployed 19 hijackers on four planes; on 12/25, by contrast, it managed only one. Second, the underwear attack failed because Abdulmutallab wasn't particularly well trained. The 19 Sept. 11 hijackers were personally selected by Osama bin Laden from the tens of thousands of potential killers who went through al-Qaeda's Afghan training camps in the 1990s. The ringleaders got extensive training on the design...

Author: /time Magazine | Title: Amid the Hysteria, a Look at What al-Qaeda Can't Do | 1/18/2010 | See Source »

...second day was more of the same for Harvard. Saturday’s events started off with the first run of the Men’s Slalom, where Crimson sophomore Kevin McNamara finished 34th, and he maintained that position after his second run with an overall time of 1:51:71. Freshman Kevin Sprague—who is also a Harvard cross-country runner—came in the 33rd spot in the Men’s 20k Freestyle Mass Start, an even won by the University of New Hampshire. The Women’s 15k Freestyle Mass Start...

Author: By Brian A. Campos, CRIMSON STAFF WRITER | Title: BRIEF: Skiing Comes Up Short at St. Lawrence Carnival | 1/17/2010 | See Source »

Saturday’s events ended with the second run of the Women’s Slalom. Dartmouth came in on top to solidify its victory overall, while Crimson freshman Catherine Sheils came in 21st place. Sheils ran both times in the 58-second range to finish with a combined time...

Author: By Brian A. Campos, CRIMSON STAFF WRITER | Title: BRIEF: Skiing Comes Up Short at St. Lawrence Carnival | 1/17/2010 | See Source »

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