Word: welled
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...Forbes. But at least one Wall Street executive has a different description: "A monumental asshole, who added dramatically to the financial instability during '08 and early '09." Gasparino's news bulletins (or rumormongering, depending on your view) on CNBC during that period often moved the market. He's well aware of the animosity. "They don't like the fact that I called them on the carpet," he told me. "I mean, you are not going to see a lot of Wall Street guys hanging out at my book party...
...Carol Sklenicka's judicious, thorough and sometimes harrowing biography, Raymond Carver: A Writer's Life (Scribner; 578 pages), we learn just how well Carver knew the worlds he wrote about. He grew up mostly in blue collar Yakima, Wash., where his father worked in a sawmill, changed jobs frequently and drank heavily, patterns he passed on to his son. Carver was barely 18 when he married 16-year-old Maryann Burk, but he had already dedicated himself to life as a writer...
...challenges at Yinghua are numerous. Most teachers come from Taiwan or mainland China, and cultural misunderstandings prevail. Lueth's instructors are learning to be tolerant of local norms like nontraditional families and boys who cry - as well as a lot more parental input than they're used to. "In China, teachers are revered. They are not questioned," says Luyi Lien, Yinghua's Taiwan-born academic director. "In America, parents are more ... expressive of their opinions." (See TIME's photo-essay "The Making of Modern China...
Research has shown that in the long run, immersion programs can provide cognitive benefits, including more flexible, creative thinking. Though students from the programs lag for a few years in English, by fifth grade they perform as well as or better than their monolingual peers on standardized reading and math tests. For multicultural families, the psychological boost can also be important. Lueth, a former teacher and manufacturing executive, co-founded the school as a way to expose her adopted Chinese daughter Lucy to her native culture. Lucy used to squirm when cousins asked why her skin color was different from...
Allan Sloan concludes that because some CEOs didn't cash in their stocks, they didn't understand what they were doing. A more plausible explanation: unfettered greed blinded them. Sloan also omits the question of where the "well run" Goldman Sachs would be if it had not received a whopping $12.9 billion in bailout funds...