Word: stanleys
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...already has her. He has to become a supporter of Guy Marriage. And he needs another guy, someone who lives in the modern movie world, to teach him. Peter and Sydney represent old and new movie men as sure as Vivien Leigh's Blanche duBois and Marlon Brando's Stanley Kowalski in A Streetcar Named Desire cued the collision of old-movie refinement and the new brutalism...
...money center banks. Their CEOs are talking about profits and paying back TARP money the same way that they were calling an end to banking write-offs a year ago. Former Lehman CEO Fuld said last April that the worst of the writedowns was probably over and Morgan Stanley (MS) chief John Mack said that the financial crisis was in the "eighth inning or top of the ninth." (See pictures of baseball...
...swift rebound once a recovery is in progress. Americans are starting to save more, and they may not return to their free-spending ways for years. "There is good reason to believe the capitulation of the American consumer has only just begun," said economist Stephen Roach, chairman of Morgan Stanley Asia. Ajay Chhibber, director of the Asia bureau at the United Nations Development Program in New York City, says the tigers can't expect to weather this recession by temporarily increasing government spending to boost growth until Western export markets recover. "The model where you stimulate and [then] go back...
...engravings are typically copied from another source, like a drawing or painting. Shakespeareans have been tantalized for generations by the possibility that a genuine life portrait of the man survives somewhere. Now Stanley Wells, professor emeritus of Shakespeare Studies at Birmingham University and one of the world's most distinguished Shakespeare scholars, says he has identified one. Wells is convinced that an oil painting on wood panel that has rested for centuries in the collection of an old Irish family was painted from life around 1610, when Shakespeare was 46. If that's so, it would be the only true...
Byron Wein was senior investment strategist at Morgan Stanley until 2005, when he left to join Pequot Capital Management, a hedge fund in Westport, Conn. Each December, Wein forecasts 10 possible surprises for the year ahead, events that may not be on Wall Street's radar but nevertheless have good chance of occurring. His prescience on market issues has won him a wide following. In an interview with TIME contributing editor John Curran, Wein reviews his 2009 list and opines on the stock market's prospects...