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Market bubbles are not obvious when they are occurring. Even former U.S. Federal Reserve Chairman Alan Greenspan says he's unable to tell for sure when exuberance becomes irrational. While being questioned before Congress a couple of years ago about the 2000 tech-stock meltdown, Greenspan famously said: "As events evolved, we recognized that, despite our suspicions, it was very difficult to definitively identify a bubble until after the fact - that is, when its bursting confirmed its existence...

Author: /time Magazine | Title: Flying Too High? | 10/18/2007 | See Source »

...easy. For electric utilities, it might seem relatively straightforward to count the carbon burned through smokestacks, but even there, emissions need to be weighed against the size of a company and its plans for growth. For retailers with long and varied supply chains, it can be almost impossible to tell where a carbon footprint begins or ends...

Author: /time Magazine | Title: The Cost of Being Clean | 10/18/2007 | See Source »

...Life Church, as well as a Buddhist and a Scientologist. I am not saying that being a member of three churches makes you insane, but perhaps it makes you prone to crazy pants with appliqué on them (Sharon seems to love these. I can’t even tell you how many times I open a magazine to see Sharon Stone running an errand in appliqué pants. It is insane). This is not to say that Miss Stone doesn’t look great sometimes. Sometimes she makes some fantastic choices, like the time she wore her husband?...

Author: By Rebecca M. Harrington, CRIMSON STAFF WRITER | Title: Iconoclastic! | 10/17/2007 | See Source »

...tell you why,” she responded through gritted teeth. “I woke up this morning and thought, Look how far we’ve come as an institution. What a great day to be a woman. Then I actually listened to her speech...

Author: By Daniel J. Mandel, CRIMSON STAFF WRITER | Title: The Bystander | 10/17/2007 | See Source »

...asked about Russian President Vladimir Putin's authoritarian tendencies, he said in dealing with foreign leaders he tries "to be in a position where I actually can influence people, and one way to do that is to have personal relationships that, that enable me to sit down and tell people what's on my mind without fear of rupturing relations." In other words, like any subtle diplomat, Bush underplays disagreement and emphasizes consensus when dealing with autocrats...

Author: /time Magazine | Title: Bush's New Shades of Gray | 10/17/2007 | See Source »

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