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Lowenstein has a pitch-perfect sense of the Street's monumental recklessness. The chorus line of overpaid bad actors in this book is endless. Held out for particular scorn is Lehman CEO Richard Fuld, who has "the daring of a gambler who believes, deep down, that he will always be able to play the last card." Maybe he did, yet as the book impressively shows, Fuld lost...
...changes to American society due to outsourcing, one in particular has recently raised eyebrows: the delegation of paper grading at some colleges to companies that work in India and Malaysia. This particularly worrisome trend received media attention when the practice was adopted in a University of Houston class, and brings up concerns about the quality of contact that students are receiving in large classes...
...this particular case, a company called EduMentry that hires workers in India, Malaysia and Singapore provided a service called Virtual TA, which grades papers for large classes that lack enough teaching assistants. Outsourcing in this manner takes away from the education that students are receiving, as there is considerable value in having teaching assistants who experience the class and then evaluate students accordingly. This allows the graders to take into account dynamics in the course that otherwise would be missed by an international firm. Furthermore, outsourced grading strictly limits the range and scope of the papers being considered. Companies that...
...early '80s. He'd been interested in what he calls "the bubble worlds of the rich and powerful" for a while, and asked Cook to work with him on a set of songs that would be both about and in the musical forms associated with Imelda's particular bubble world. Here Lies Love was first performed in concert in 2006; Byrne had initially hoped to stage it in dance clubs. "In those days, there were these giant mega-clubs in warehouses," he says, "and I thought: what if you put a little stage at one end with a video screen...
...Noriega] is a perfect example of how this particular field has grown in importance due to the efforts of a particular individual,” said Associate Harvard Art Museum Curator Mary S. Enriquez...