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...central banks. With interest rates low, no fund manager worth his bonus wanted to park money in low-yielding money-market accounts. Stocks, for most investors, were the only game in town. The rise of hedge funds, which seek to earn high returns for wealthy investors in return for stiff fees, added to the pursuit of fat payoffs in markets all over the globe. Indeed, a flood of foreign institutional demand for stocks is one of the primary reasons why markets in countries like Japan and India have performed so well...

Author: /time Magazine | Title: Pumped about stocks | 4/10/2006 | See Source »

...operetta is a delightful update of one of Gilbert and Sullivan’s best. It is not so much that they are faithful to the nearly 120-year-old material, as it is that they retain the spirit of the original writing and music without making it too stiff or old-fashioned...

Author: By J. samuel Abbott, CRIMSON STAFF WRITER | Title: Updated 'Yeomen' Boasts Timeless Appeal | 4/10/2006 | See Source »

...Gore won Michigan and Pennsylvania, but he lost an election he should have won, and he lost it on intangibles. He lost it because he seemed stiff, phony and uncomfortable in public. The stiffness was, in effect, a campaign strategy: just about every last word he uttered-even the things he said in the debates with George W. Bush-had been market-tested in advance. I asked Devine if he'd ever considered the possibility that Gore might have been a warmer, more credible and inspiring candidate if he'd talked about the things he really wanted to talk about...

Author: /time Magazine | Title: Pssst! Who's behind the decline of politics? [Consultants.] | 4/9/2006 | See Source »

...Paper tickets. Airlines want to encourage you to use e-tickets, and many charge extra if you buy your tickets on the phone, rather than online. Not all are as tough as US Airways, though, which slaps on a stiff $50 extra for a paper ticket...

Author: /time Magazine | Title: How Much for That Aisle Seat? | 4/7/2006 | See Source »

...cards. But by the time the PMO released a press advisory hinting at that, the session was well under way. Moreover, the veiled wording of the advisory--"There will be a Government media availability, today in the foyer of the House of Commons"--was almost Soviet in its stiff obfuscation...

Author: /time Magazine | Title: Controlling The Message | 4/3/2006 | See Source »

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