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Most worried of all is Stephen Roach, chief economist at U.S. investment bank Morgan Stanley, who for several years has warned that the U.S.'s borrowing and consumption binge will come to a bad end, with consequences that include a likely fall in the value of the dollar. (And this bear doesn't cry wolf--Roach was right in predicting the dotcom crash.) The problems will not have gone away even if the dollar remains buoyant, he said, warning of a "dangerous degree of complacency" among investors. "The weakest link in the global-growth chain in 2006 is the most...

Author: /time Magazine | Title: Two for the Road | 2/19/2006 | See Source »

...universities, that have brought more attention to black history. There has been a “great deal of improvement and there’s a long way to go,” Matory said. An economist historian who is a fellow at Harvard’s DuBois Institute, Stanley Engerman, said that Woodson first proposed Negro History Week because “most history discussions didn’t say anything about black history.” According to Engerman, black history is no longer divorced from American history in history textbooks. “The goal has really...

Author: By Stephanie S. Garlow, CONTRIBUTING WRITER | Title: Scholars Defend Black History Month | 2/17/2006 | See Source »

...wanted to play in the NHL,” Hagerman, who first played hockey at age three, writes in an e-mail. “As I got older, I realized that wasn’t really a possibility.” Then one day, dreams of the Stanley Cup were replaced by dreams of a burning torch, eternal glory, and global competition. Hagerman knew that she couldn’t play for the NHL, but she could play for her country.“I wanted to be amongst the best players in the country, and being...

Author: By April B. Wang, CRIMSON STAFF WRITER | Title: Step Aside, Mr. Gretzky | 2/8/2006 | See Source »

...first-year Medical School student, Stanley R. Vance Jr., said the protesters felt that allowing military recruiters on campus was a direct violation of that policy...

Author: By Joyce Y. Zhang, CRIMSON STAFF WRITER | Title: Protesters Greet Army at HMS | 2/3/2006 | See Source »

...Male-oriented business entertainment is hardly unusual, even if it isn?t always expensed. Morgan Stanley fired four employees last year after learning that they - on their own dime -had taken a client to Skin, a Phoenix strip club. Rick?s Cabaret, a publicly traded operator of upscale topless bars, estimates that 40% of its $24 million in revenue last year came from businessmen and their clients. ?This is what the clients want,? says CEO Eric Langan. ?A lot of deals get closed in strip clubs...

Author: /time Magazine | Title: Here Come the Super Bowl Perks | 1/31/2006 | See Source »

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