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...market has been in what futures traders call a massive contango - that is, future prices of oil are at extreme highs relative to the current price. Therein lies opportunity: buying and holding oil now, then selling it in the future, can generate an almost risk-free profit. Citigroup has already leased a supertanker to store oil that it will sell later this year. (Read "A Brief History of the Oil Barrel...

Author: /time Magazine | Title: How Citigroup Makes Hay in the Oil Market | 2/2/2009 | See Source »

...with inspired ensemble performances and directed with astonishing empathy." Added critic Rajeev Masand, "It's a great, fun film with a big heart. The success of the film lies in the fact that it's told using the Bollywood idiom - the West has embraced this unique, unusual format." And therein lies the rub. What works for the West may not necessarily work for India...

Author: /time Magazine | Title: Slumdog Millionaire, an Oscar Favorite, Is No Hit in India | 1/26/2009 | See Source »

...been put in front of my face steals my attention: the graffiti on the walls of the Political Science Facultad at the Universidad Complutense de Madrid. It is mostly ugly, and come to think of it, the walls themselves, in addition to most structural features located therein, are pretty ugly.My classes began at 6:30 p.m., so I would typically approach its hulking, rectangular silhouette in the nighttime. Perhaps I’d slip into the cafeteria first. On my left would be a poster of a young man name Carlos, admonishing its readers to “Continue...

Author: By Amanda C. Lynch, CRIMSON STAFF WRITER | Title: Oh Say Can You Sí | 1/15/2009 | See Source »

...Therein lies the problem, or problems. Unlike pensions, 401(k)s are voluntary, and many workers either don't participate or don't set aside enough money to give them a shot at a comfortable retirement. Those who do save enough often bungle their investment choices. Those who choose well pay higher investment fees generally than pension funds do. Even participants in the best-run, lowest-cost retirement funds face the risk that the market will tank - as it has done this year - when they're close to retirement. At retirement comes another issue: pensions insure against the risk that...

Author: /time Magazine | Title: Should the 401k Be Killed? | 12/4/2008 | See Source »

...sloshing back and forth from side-to-side. I will light you from the feet up and the audience will see sparks.’” It was an inexplicable moment of artistic telepathy—one Brown did not care to explain but simply accepted. Therein lies the beauty of her life and work: she embraces the illogical and the unpredictable. At the end of the evening I asked her if she had any advice for pragmatic Harvard students. “Go where the energy is,” she said. “That helped...

Author: By Ama R. Francis, CRIMSON STAFF WRITER | Title: LINEAR PERSPECTIVE: Trisha Brown | 11/21/2008 | See Source »

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