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...They're very different. The dotcom bubble was business models that were too good to be true, followed by valuations imploding. That had nothing to do with liquidity and credit. I hate to use the "G" word - but a lot of greed was involved in the IPOs those days. And the impact on our business -technology - was profound in the sense that a lot of those businesses that went away bought a lot of our products. Not just Herman Miller chairs, but also racks of servers and laptops and stuff. For a long time, throughout most of 2001, you could...
...Obamas have descended on Kogelo to celebrate an event so improbable--so audacious, to use their American cousin's word--that, as Malik says, "it's beyond comprehension." The Jor'Obama have gone from barefoot subsistence farmers to the U.S. presidency in two generations. Many still live the life of their grandfather, growing maize, millet and sweet potatoes and tending cows, chickens, goats and ducks. As the first-born son of the first-born son, Malik is the clan head, and at night the men build a fire outside his hut, drink moonshine and talk...
...Kisumu; Malik's brother Sadiq, who has brought his daughter Shami from Britain; and uncles Patrick, Tom and Elly and all their sons and daughters from Kendu Bay, who brew the moonshine behind their huts on the southern shores of Lake Victoria. The Luo, the Obamas' tribe, have no word for cousin, so everyone is simply "brother," "father," "daughter...
...plane?" Marvin said there was something wrong with the hydraulic system. He told us that we would be landing in a city other than our destination and that we might want to assume the brace position. [Obama] said, "What's that?" Marvin explained, and Obama's reaction was one word: "Golly." After we landed safely, the first thing he did was call his wife, who had been watching it on cable. Linda Douglass, Obama spokeswoman...
...Ibrahim Kalin, a Turkish-born Islamic theologian who teaches at Georgetown University, was one of 38 Muslim scholars and imams who sent a "letter of clarification" after the Pope's speech. Exactly one year after Regensburg, he helped establish "The Common Word" committee of Muslims to improve relations with all Christian denominations. His group has already met in the U.S. and Britain with Protestant leaders. To be now invited to the Vatican, Kalin says, is a major step toward a permanent dialogue to improve relations between Muslims and Christians...