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...fellow entrepreneur, who, not too long ago, got into the karaoke biz after hosting a sing-along party at his home with a bunch of rented high-end sound equipment. "It was a cumbersome project," he admitted. But it was fun: "We ended up going to bed at 3 o'clock in the morning, which is quite unusual for me and my friends." In case it wasn't obvious, Taillefer is Canadian...

Author: /time Magazine | Title: Battling the Recession with My Own Karaoke Bar | 10/30/2008 | See Source »

...Pizzotti sacked for 11. Thomas Hull out for the punt. Liam O'Hagan drags down the receiver at the Princeton...

Author: By Crimson staff, CRIMSON STAFF WRITER | Title: LIVE BLOG: HARVARD AT PRINCETON (10/25) | 10/25/2008 | See Source »

...banks have a severe agency problem. ... When I trade I don't have an agency problem; I have my neck on the line. When a bank or banker trades, it's not his neck on the line. He has an agency problem, and like [former Merrill Lynch CEO] Stanley O'Neal, if you follow the strategy you're going to make $160 million, and keep it, even if you blow up. And you'll do it again...

Author: /time Magazine | Title: Nassim Nicholas Taleb | 10/24/2008 | See Source »

Friday's stock-market action was a microcosm: in Tokyo the Nikkei was down 9.6%; in Frankfurt the DAX - after dropping as much as 10% during the session - was down 5%; in São Paolo the Bovespa was down 6.35%. It was a global panic! Until things got to New York. The Dow and S&P both ended the day down about 3.5%. Big deal...

Author: /time Magazine | Title: The Bright Side of Friday's Dow Drop | 10/24/2008 | See Source »

Openings. Doubletree opens in Milan...St. Regis Houston completes a refurbishment and updating of all 232 rooms and suites...W Scottsdale Hotel & Residence opens with 224 rooms...Sheraton opens in the Northbrook, Ill., near O'Hare Airport...

Author: /time Magazine | Title: Travel News: Low Fares to Oz, and Other Goodies | 10/24/2008 | See Source »

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