Word: chicago
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Actually, it is rather hypocritical that students here feel superior to the idea of recruiting. Harvard has always attempted to exemplify the ideals of a society at a given period and recruiting is just another expression of this. We are, after all, not the University of Chicago, who have defined excellence as academic achievement and correspondingly produced intellectuals, regardless of society’s valuation for them. Harvard is instead in the business of producing heroes, living ideals of society’s idea of excellence. Were American society to idealize bookish grad students, Harvard would churn them...
...HOUSING BUBBLE Speaking to execs in Chicago last March in his capacity as Fed official, Bernanke parsed the dynamics in the economy and their policy implications. The speech echoed some familiar warnings by Fed Chairman Alan Greenspan, particularly the prediction that the housing bubble is unsustainable, and while it's unlikely to burst, it will likely deflate slowly, bringing returns on property investments gradually more into line with the more modest gains yielded by other assets...
Third-generation corn farmer Paul Siegel says working the land will always be his true love. "There's nothing like planting a seed, nurturing it and harvesting it," says the owner of Siegel's Cottonwood Farms in Crest Hill, Ill., near Chicago. But Siegel admits that it is his annual Pumpkin Fest that keeps his farm afloat. Started in 1990, with a pumpkin patch and hayrides, Siegel's fall festival has mushroomed into a full-fledged theme park complete with haunted barns, a petting zoo, a 10-acre corn maze and snacks such as smoked turkey legs, kettle corn...
...fervor of the converted. In their previous apartment the master-bedroom closet was wedged between two walls and outfitted with wire-mesh shelving from Home Depot. "Our clothes were crushed together," says McGoldrick, a sales representative for a carpet company. In their new $915,000 apartment in Chicago, the couple spent $20,000 to upgrade all six of their closets. Of that amount, $11,000 went toward a 9-ft. by 9-ft. master closet. A cabinet holds 48 pairs of shoes on quartersawn white oak; a four-slotted drawer, up to 30 belts. There is another drawer to display...
...information must sift through the voluminous filings of individual companies with the SEC or the Labor Department, where pension-plan finances are recorded, or turn to the reports of independent firms such as Standard & Poor's. The findings aren't reassuring. According to S&P, Sara Lee Corp. of Chicago, a global maker of food products, ended 2004 with a pension deficit of $1.5 billion. The company's pension plans held enough assets to cover 69.8% of promised retirement pay. Ford Motor Co.'s deficit came in at $12.3 billion. It could write retirement checks for 83% of money owed...