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...Kerviel had yet to answer publicly some of the scheme's most intriguing questions: Did he personally sock away millions from his fictitious trading? And if not, what made a quiet trader - whose Facebook page had just 11 friends - engage in a gargantuan con job and risk years in jail? Those answers might have to wait for Kerviel's trial. Or perhaps for another movie along the lines of the 1999 film Rogue Trader, which portrayed Leeson's extraordinary operation. And should you wish to try and make some money yourself, Leeson has been quoted by one British bookie...

Author: /time Magazine | Title: Behind the Trader's Market Chaos | 1/27/2008 | See Source »

...decades, South Korean entrepreneur Kim Cheul Young has struggled to keep his manufacturing business from unraveling. Kim's company, Sunghwa Trading, makes socks for familiar Western brands including Calvin Klein and Gap. His is a business that competes on cost and not much else, which is why the majority of the world's sock supply comes from countries such as China and Vietnam where labor costs are low. Five years ago Kim opened a factory in Qingdao in northeast China to combat intensifying competition from Chinese garmentmakers, but that move wasn't enough to keep his profit margins from eroding...

Author: /time Magazine | Title: Prying Open Pyongyang | 1/9/2008 | See Source »

...tiresome business. Weekly, I lug piles of dirty clothing down the stairs to Weld basement, greeted each time by the same blast of heat and rhythmic ka-thump of wet articles. But it’s not the sweltering air that disturbs me, nor the abundance of lone socks littering the floor. It’s other students’ failure to grasp basic laundry etiquette that frightens me time and time again. It seems that most undergrads had never handled a Tide bottle before arriving here in Cambridge; they exhibit the same blatant lack of conscientiousness in laundry rooms...

Author: By Molly M. Strauss | Title: A State of Detergency | 12/4/2007 | See Source »

...that committed comic-book aficionado spirit that "From Superman to the Rabbi's Cat" presents some 230 American and European works dating back to 1890, including the 1940 strip How Superman Would End the War. "I'd like to land a strictly non-Aryan sock on your jaw," grumbles the Man of Steel as he drags Adolf Hitler off to be tried for crimes against humanity. For the late comic-book artist Will Eisner, the Jewish people, faced with the rise of fascism, "needed a hero who could protect us against an almost invincible force." Jerry Siegel and Joe Shuster...

Author: /time Magazine | Title: In Search of Superman's Inner Jew | 11/2/2007 | See Source »

...promise, these are an entirely natural part of the process). After six days of nurturing, the rotgut should reach maturity. It’s then time to finalize the process. Open the bag and scoop out the unrecognizable, mold-laced remnants of the dinner rolls. Then using an old sock or T-shirt strain the contents of the bag as you pour them into a new container. You are now in possession of a stomach-churning, 2 to 14 percent alcohol mixture. Serve on the rocks and fend off the urge to vomit. Enjoy, if you can. [WARNING...

Author: By Jeremy D. Hoon, CRIMSON STAFF WRITER | Title: Making Moonshine | 10/10/2007 | See Source »

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