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...findings come from an imaginative experiment conducted by a group of business professors from Stanford, Brigham Young and Northwestern universities. The investigators first recruited 200 student volunteers from various fraternity and sorority houses and divided them into 50 same-sex, four-person teams. The teams were brought in two at a time and given 20 minutes to solve an imaginary murder mystery, relying on made-up evidence and detective interviews. One of the suspects in the mystery was indeed guilty, which meant that the test did have a right answer...
...According to Harvard’s annual financial statement issued in October, the University continues to use a variety of financial instruments with undisclosed risk—including options, forwards, credit default swaps, and exchange agreements—to gain exposure to various asset classes without having to actually invest in those assets...
...Star Factor At the moment, the world is roiled, leaders are nervous, and everyone wants a piece of the media magnet that is Barack Obama. That means the White House is expecting all kinds of posturing in and around the meetings with Obama for domestic consumption in various nations. Will Russian leader Dmitri Medvedev use the meeting to highlight the U.S. role in the financial collapse? Will Chinese President Hu Jintao bring up the proposal for a new international currency to supplant the U.S. dollar? Will Mirek Topolanek, the recently displaced Prime Minister of the Czech Republic, renew his rhetoric...
...will host a town hall, "taking some questions from students from throughout Europe and discussing the transatlantic alliance," according to an aide. In Turkey, Obama will host a "new media" roundtable discussion with young people from Europe and Southeast Asia. The hope of the Administration is that despite the various distractions, Obama will be able to maintain message control, something he showed a talent for during last year's presidential campaign...
...February, the government announced it would spend some $7 billion on various projects as part of an overall stimulus package. Since taking office in 2004, Yudhoyono has held two major "infrastructure summits" offering close to $38 billion dollars' worth of projects to private investors, though few have had any takers. Jakarta's business community cites a range of problems and obstacles that are keeping investors on the sidelines while funding remains sorely needed for the building of new ports, power plants and roads across this huge nation. "Lots of projects were showcased but very few have been realized because...