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...some extent, this is the inevitable cooling down of an overly intense relationship. But in economics as in love, breaking up is hard to do. Bremmer recently co-authored the book The Fat Tail, which details the political risks facing the global economy. (Major, unlikely events that are difficult to fit into statistical models are known as fat tails.) He counts the U.S. relationship with China among the fattest of fat tails. American corporations may come to see China as a rival - meaning they'll be less likely to fight congressional crackdowns on trade. The U.S. investment banks that have...

Author: /time Magazine | Title: The End of the Big Business-China Love Affair | 6/8/2009 | See Source »

...months with interim HMC CEO Robert Kaplan, a professor at Harvard Business School and a former vice chairman of Goldman Sachs, both to make the transition to HMC seamless and to prepare the portfolio for volatile market conditions triggered by the subprime mortgage crisis. Kaplan says HMC invested in tail-risk insurance and aimed to deleverage the portfolio. While various media reports have called attention to Harvard’s attempts to sell large portions of its private equity portfolio at the height of the financial crisis, Kaplan notes that HMC had been preparing for such sales long before then...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Despite Tough Year, New HMC Chief Remains Optimistic | 6/3/2009 | See Source »

...take [Douglas] and he doesn’t play right away, he’s going to make everyone in front of him work harder,’” Walsh said. “‘This kid’s just going to work his tail off and get better for you.’ Mike was right...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: MALE BREAKOUT ATHLETE OF THE YEAR RUNNER-UP: Hard-Working Captain Excels in Final Season | 5/30/2009 | See Source »

...exciting." If not the best performance of the festival, Gainsbourg's was surely of the self-punishing kind that could be appreciated by jury members Huppert, Asia Argento and Shu Qi, all of whom have played similarly extreme roles. Waltz, the suave German on Brad Pitt's tail in Inglourious Basterds, thanked the film's "unique and inimitable creator," Tarantino, because, he said, after 30 years in the business, "You have given me my vocation back." Later, the press asked both actors what they'd think if some of their scenes were cut for international release by their respective directors...

Author: /time Magazine | Title: Haneke's The White Ribbon Wins Cannes Palme d'Or | 5/24/2009 | See Source »

...astonishingly complete. "Most of what we understand about primate evolution is pieced together from bits of teeth and jaws," says Michael Novacek, curator of paleontology at the American Museum of Natural History. Ida, by contrast, has pretty much every bone, from the skull to the tip of the tail, and they're all in place. Not only that: you can see impressions of its fur in the surrounding material, and there are even the remains of what was presumably Ida's final meal (leaves and fruit) still visible where the digestive tract used...

Author: /time Magazine | Title: Ida: Humankind's Earliest Ancestor! (Not Really) | 5/21/2009 | See Source »

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