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...several young men sitting near us kept referring in Cantonese to Williams as "black demon," as well as another unprintable epithet. They shut up when my wife, an American citizen who is ethnic Chinese, berated them for their racist language. (Williams, by the way, won the tournament.) What, I wonder today, would those men say about Barack Obama, who soon could be the U.S.'s first African-American President...

Author: /time Magazine | Title: Race to Judgment | 10/8/2008 | See Source »

Jeremy Siegel, professor of finance at the Wharton School of the University of Pennsylvania, says the Fed's actions this week - effectively lending a trillion dollars into the financial system - may have a more dramatic immediate impact. "Given what the Fed is doing now, I wonder if we even need the $700 billion,"Siegel says. If the Fed and Treasury steps turn out to be effective, the market could turn the corner sharply. The most dramatic growth in U.S. stock market history took place between 1932 and 1933, out of the depths of the depression...

Author: /time Magazine | Title: Why the $700 Billion Isn't Helping | 10/7/2008 | See Source »

...from China, where it is extremely difficult for leaders to apologize publicly for the mistakes they make. I always thought Americans were much better in this respect. However, I wonder why there has been no one from Wall Street or the White House who would apologize to the American people or even to the global community for the horrible financial mess we are now facing - someone who would have the guts to stand up and say, "I am sorry for my mishandling, my misjudgment, my negligence." Wang Zhixue, MONTEREY PARK, CALIF...

Author: /time Magazine | Title: Recession Redux | 10/7/2008 | See Source »

...company, died early in Grossman’s business career.“I slowly began to realize that I could stay in my business or potentially see my skills transferred to achieving a different bottom line,” Grossman said. “And I began to wonder if I could use my managerial and organizational leadership skills to build social value in addition to economic value.”Grossman decided to sell the company he had inherited from his father and enter the nonprofit sector. He volunteered for a few years and did pro bono consulting...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: At HBS, Doing Good—Not Just Well | 10/5/2008 | See Source »

...nationwide non-profit literacy effort begun by pediatricians at the Boston Medical Center in 1989, encourages reading by providing books to preschool children each time they visit the doctor's office. Why not piggyback messages about healthy lifestyle habits on this existing reading framework? "This study makes me wonder if we could do that with older kids as well," says Hassink. "We are already thinking at our hospital about mixing in positive lifestyle books with what the kids read." It's a win-win situation, note Armstrong and Hassink. After all, there are few negative side effects to encouraging kids...

Author: /time Magazine | Title: Can Reading Help Kids Lose Weight? | 10/4/2008 | See Source »

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