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...while the firm will shut down part of its trading desk it has no plans to fully exit the investment-banking business. It still plans to advise clients on mergers and manage stock and bond offerings, as well as complete trades for others. Gorman recently told employees at a town-hall-type meeting, "The heart, the DNA - the fabric of this place - has always been the institutional securities [investment banking] business and, frankly, should always be ... That's our roots." (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: How the Financial Crisis Reshaped Morgan Stanley | 9/22/2009 | See Source »

...reconnected with her first crush, "the embarrassing kind where I couldn't even talk to him, I liked him so much." He had liked her too; they confessed their old crushes on each other through MySpace and arranged to meet in person the next time Stein was in town. But when she met him at a bar, she was immediately disappointed. He had gained weight, worked in a dead-end job and had already been engaged three times. "I was like, um, no," she says...

Author: /time Magazine | Title: Facebook Gives Birth to the Retrosexual | 9/21/2009 | See Source »

...fact, Baumwoll authored the Student Government resolution this past summer which addressed student concerns after the Hauser Center for Non-Profit Organizations moved into a student social space known as Town Hall...

Author: By Brandon M. Law, CONTRIBUTING WRITER | Title: HKS Elects Student Gov’t Leaders | 9/21/2009 | See Source »

...doors set between the arches on two sides of the stadium. Those let in an exceptional amount of natural sunlight for a climate-controlled environment and give anyone approaching the building a clear vista straight across the field and out the other side. After the infernal summer weather leaves town, a line of glass doors at each end zone can slide away to admit real air into the place. (Read "The NFL's Huge Linemen: Healthier Than You Think...

Author: /time Magazine | Title: Inside the New Dallas Cowboys Stadium | 9/21/2009 | See Source »

...never dreamed that they would become so uncivil and so rude. But the town halls are exactly what I wanted to see. Those town halls, in a word, bring back accountability. (Read "How to Speak Like a Real Republican...

Author: /time Magazine | Title: Pollster Frank Luntz, Warrior with Words | 9/21/2009 | See Source »

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