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...TIME's Pictures of the Week...
Conglomerate banks that are too big to fail are often too big for executives to manage effectively. As Spitzer pointed out last week, most bank CEOs probably did not want to take on ruinous amounts of risk, but the scale of their operations hindered their oversight. Unsurprisingly, these financial behemoths tend to become unwieldy as they attempt to do too much at once. Consider the case of Citigroup, the product of Citibank’s historic 1998 merger with Travelers, an insurance company. The one-time “financial supermarket” was exposed as a bloated, mismanaged basket...
...that moment, my horoscope for the week flashed across my mind: “Don’t be too alarmed if you start to see or hear things that aren’t there—it’s just your subconscious trying to spice things up a little! Go with the flow and things should settle down soon.” Comforting words, perhaps, but a shiver still crawled up my spine...
This was more than just a coincidence. Three days earlier, I was meant to navigate a trying ordeal because the planets were misaligned—and I couldn’t use credit at Boston Tea Stop. A week earlier, I was supposed to undergo a difficult negotiation, and I had a face-off on that narrow little sidewalk down Plympton when some frail little freshman was skittering in the other direction. There was only room...
Recruited for his shooting ability, Boehm averaged six points and two rebounds per game and led his team with 123 three-point attempts—going 36 percent from behind the arc—and was named Ivy League Rookie of the Week twice last season...