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This yearning to be an individual is certainly not unusual, but the social and intellectual conditions at Harvard intensify it. We’re exposed to some of the smartest, some of the most talented, some of the wealthiest (but perhaps not some of the best-looking) young people in the country. Somehow in the struggle to cope with all the talent and prestige, with the sliding scale of relative happiness in constant flux, we criticize. We cling to the thing about ourselves we find distinctive. We fear so passionately that somebody might have everything—brains, looks, social...

Author: By Benjamin P. Schwartz | Title: A Culture of Criticism | 11/20/2009 | See Source »

Perhaps the most surprising revelation during last month's hearing was that four of Michigan's wealthiest men - including Compuware CEO Peter Karmanos Jr., auto retailer Roger Penske and Quicken Loans chairman Dan Gilbert - had given a total of nearly $240,000 in loans to Kilpatrick's family around the time he left prison. Precisely how the money was used is unclear. The executives swiftly issued statements nearly identical in tone to explain their actions. "We were concerned about the city's inability to move forward due to the situation and circumstances that had surrounded Mayor Kilpatrick and his administration...

Author: /time Magazine | Title: In Detroit, Kwame Kilpatrick's (Money) Troubles Continue | 11/17/2009 | See Source »

...predecessor of the New York Stock Exchange, first assembled to formulate a response to that market crash.) Nineteenth century railroad magnate Jay Gould didn't try to hide his flagrant insider trading; profits from buying and selling stock in his own companies helped make him one of the wealthiest men in U.S. history...

Author: /time Magazine | Title: Insider Trading | 11/9/2009 | See Source »

Assuming, as the smart money is betting, that Obama pursues an Afghan surge, why not propose a surtax on the wealthiest Americans to pay for it and, for that matter, to pay for the entire Afghan war from this point forward? Such a tax could be deferred a year or two until we’ve emerged more from the recession so bad economic timing wouldn’t have to be an issue. How better to send the message that (1) certain things have to be done, even though they cost money; (2) increasing the deficit in the short...

Author: By Clay A. Dumas | Title: Operation Enduring Deficits | 10/23/2009 | See Source »

...Taliban threat has now spread well beyond its northwestern borderlands and grown tentacles that reach deep into the country's heartlands. Five of the 10 attackers who laid siege to Pakistan's equivalent of the Pentagon in Rawalpindi came from Punjab, Pakistan's largest and wealthiest province. It is also home to the bulk of the army. The Punjabi militants involved in the audacious assault were linked to groups that once enjoyed the military's patronage, and until five years ago, the ringleader had been among its very own ranks. (See pictures of Pakistan's vulnerable North-West Frontier Province...

Author: /time Magazine | Title: Why Pakistan Must Widen Hunt for Militant Bases | 10/13/2009 | See Source »

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