Word: manness
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...needed that the world is in a chastened mood these days, there's this: the Pritzker Architecture Prize, one of the most prestigious honors in the field, will go this year to Peter Zumthor of Switzerland. At 65, Zumthor is to architecture what Samuel Beckett is to literature, a man who has set out to draw maximum impact from a bare minimum of means...
Imagine taking out a life-insurance policy, not on yourself, but on a sick man who lives down the street. That way, if he dies, you’ll be sure to turn a profit. This is but one of many bizarre features in the world of credit default swaps—a financial instrument that crippled our global economy. While many different events and policies contributed to the financial crisis, it is safe to point a finger at credit default swaps. The U.S. government should decisively regulate these complex financial instruments...
...Soon after tugboats pushed the Maersk Alabama into port, crew members appeared at the stern of the ship to praise Capt. Richard Phillips. "He saved our lives!" said one man, identified by The Associated Press as second mate Ken Quinn, of Bradenton, Florida. "He's a hero." Another, who identified himself as ATM Reza, said that he had persuaded one pirate to go to the engine room, where he overpowered the pirate, stabbing him in the hand and tying him up. (Photographer Jehad Nga offers a rare glimpse of the men who plunder the east coast of Africa...
...Somali man who said he was a go-between for Somali pirate leaders and the men who captured the Alabama told TIME that the pirates are not sure what to do with Phillips. Somali elders were trying to negotiate his release with the U.S. Navy, but by Saturday evening there was no apparent progress...
...strangers in town, they said, and promised to report any suspicious activities. We talked about the village's needs and fielded complaints about the goats that had been killed by mortar fire a few days before. Sergeant First Class Lucas J. Young, who was leading the mission, asked one man what he could do to help the village. "Nothing," he responded. "We don't want anything, just peace." Previous missions had elicited the same response. To Lucas, it was a repeat of the charade that had been going on for the past five months. "We are just moonwalking here. There...