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...also given sufficient moola to hire top-tier talent, who were put on handsome retainers. Tom Wolfe was rumored to be paid $12 a word; Michael Lewis $50K an article. David Margolick was poached from Vanity Fair, where the contributing editor's retainer was well into six figures. Less renowned staff writers were said to make over $150,000 a year. Deputy editor Amy Stevens was making north of $400,000, several colleagues said. Even some of the bloggers were hitting the $120,000 mark...

Author: /time Magazine | Title: Portfolio's Flameout, or How to Burn Money Fast | 4/28/2009 | See Source »

...considered one of the most influential law school deans in recent memory. Upon her departure for the Solicitor General’s office, Kagan left a legacy of reform, through which she spearheaded the Law School’s effort to reinvent the student experience. Compared to other top-tier schools, Harvard had sometimes been perceived as overly competitive and unwelcoming to its student body—an image Kagan worked to help the Law School shed since assuming the deanship in 2003. As dean, the student-friendly initiatives Kagan promoted ranged from free coffee in the renovated Harkness Center...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: HLS Selects Class Speaker | 4/22/2009 | See Source »

...injury alone that prompted Witt’s departure. Football at Harvard was just not his brand of football. The lack of enthusiasm from students, the Ivy League restrictions, the impossibility of seeing an NCAA playoff spot: for Witt, it all led to a second-tier level of competition that was not reflected in the talent or devotion of the players themselves...

Author: By Mark J. Chiusano and Hyung W. Kim, CRIMSON STAFF WRITERS | Title: Leaving the Locker Room | 4/22/2009 | See Source »

...state of the Mexican economy - dragged down, as it is, by its close ties to that of the U.S. Alfredo Coutino of the Dismal Scientist projected this week that Mexico could contract by 4% to 5% this year, maybe more, which would put its recession in the same bottom tier as other hard-hit economies such as the U.K. and Japan, and rival that seen during Mexico's "tequila crisis" in 1995. (Read a brief history of the U.S.'s war on drugs...

Author: /time Magazine | Title: Obama Visits Mexico, Where the News Isn't All That Bad | 4/15/2009 | See Source »

...goes well, the deal could propel Tech Mahindra into the top tier in Indian software services. Satyam's client base, which includes Cisco Systems and Nestle SA, would reduce the company's heavy reliance on British Telecom, its biggest customer. The markets gave the purchase a thumbs-up. Tech Mahindra shares were up 12% at the end of trading Monday, while Satyam shares were up 3%. Also applauding the deal were India's business groups. "The smooth completion of the bidding process for Satyam demonstrates that India has an adequate legal and institutional mechanism for handling and resolving a major...

Author: /time Magazine | Title: India's Satyam Computer Finds a Buyer | 4/13/2009 | See Source »

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