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...When Gorman was named CEO that was a defining moment in Morgan's history," says Charles Geisst, a Wall Street historian and author of the book Collateral Damaged. "The large brokerage force is going to change Morgan. People begin to see you more as a distribution business than in the investment-banking business...
Your favorite barista. Your acquaintance at the gym. Your fellow dog walker. Your co-worker. Perhaps these people are more important to your health and welfare than you realize. In her new book, Consequential Strangers: The Power of People Who Don't Seem to Matter ... but Really Do (W.W. Norton), author Melinda Blau and Purdue psychology professor Karen Fingerman explore the meaning of these often overlooked ties. TIME senior reporter Andrea Sachs reached Blau at her home in Northampton, Mass. (See TIME's list of the top 10 doctored photos...
...write in your book about "social convoys" What are they? As we travel through life, we're surrounded by intimates and consequential strangers who make the journey with us. Some of them go the whole distance, usually our intimates, and others are there for specific periods of time - whether it's because you have a particular job, because you're interested in a particular subject or because you have a crisis in your life such as illness. My feeling is that it's important to look at your life as a cavalcade of people, not just a series of events...
...frustration and even rage we've seen during the debate over health-care reform has been really staggering. You talk to people for a living - did you know what kind of anger was simmering out there? I did, and it's in my book. You can pull out paragraphs on how mad people were about pork-barrel spending, about taxes and about the lack of accountability [in Washington.] You had all these people who were mad, but there wasn't a spark that would cause them to get involved. Health care became that spark...
Still, in his book, Erikson describes how increased cultural-exchange activity at the end of the 20th century led to more robust public discussion and independent journalism in Cuba by the start of the 21st century - enough so, he writes, that an alarmed Fidel Castro cracked down with sweeping arrests of dissidents and writers in 2003. Despite that setback, exchange advocates feel it's time to start again. The point, they say, is that even if Juanes meant nothing by shouting "Cuba libre!," it was enough if he got some of those 1 million Cubans wondering what he did mean...