E-mails inside AIG reveal executives struggling with growing crisis
The Tablet
Hitting Bottom
Dr. Drew is a TV doctor seemingly engineered for this moment. Unlike talk-show therapists whose go-to prescription is “get real,” he commands an unusual blend of medical credentials and pop-culture savvy — he is fluent in textese, neuroscience, nitrous hits and psychodynamics, which he combines with a cool, eloquent charisma honed over 25 years in the media.
Food Fighter
Does Whole Foods’ C.E.O. know what’s best for you?
Ten years of BlackBerry
The Hunt For the Perfect Screen
Night
In effect, ALS constitutes progressive imprisonment without parole. First you lose the use of a digit or two; then a limb; then and almost inevitably, all four. The muscles of the torso decline into near torpor, a practical problem from the digestive point of view but also life-threatening, in that breathing becomes at first difficult and eventually impossible without external assistance in the form of a tube-and-pump apparatus. In the more extreme variants of the disease, associated with dysfunction of the upper motor neurons (the rest of the body is driven by the so-called lower motor neurons), swallowing, speaking, and even controlling the jaw and head become impossible. I do not (yet) suffer from this aspect of the disease, or else I could not dictate this text.
Banks Bundled Bad Debt, Bet Against It and Won
In late October 2007, as the financial markets were starting to come unglued, a Goldman Sachs trader, Jonathan M. Egol, received very good news. At 37, he was named a managing director at the firm. Mr. Egol, a Princeton graduate, had risen to prominence inside the bank by creating mortgage-related securities, named Abacus, that were at first intended to protect Goldman from investment losses if the housing market collapsed. As the market soured, Goldman created even more of these securities, enabling it to pocket huge profits. Goldman’s own clients who bought them, however, were less fortunate.
The End of Influence
Excerpt: For as long as many can remember, the United States has been the country with money, influence, and power. But all that is changing, write Brad DeLong and Stephen Cohen in their new book, The End of Influence.
The Running Back, The Cheerleader And What Came After The Greatest College Football Game Ever
The magic carpet ride began for Boise State with the unbelievable finish to the 2007 Fiesta Bowl, but what became of the heroic prince and the beautiful princess who waltzed into a nation’s embrace that night? How did their fairy tale turn out?
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