Posts Tagged ‘New York Times’

The End of the Financial World as We Know It

Saturday, January 3rd, 2009

New York Times Op-Ed, with David Einhorn (January 3, 2009)

This is one reason the collapse of our financial system has inspired not merely a national but a global crisis of confidence. Good God, the world seems to be saying, if they don’t know what they are doing with money, who does?


Serfs of the Turf

Sunday, November 11th, 2007

New York Times (November 11, 2007)

The three most lucrative college football teams in 2005 — Notre Dame, Ohio State and the University of Texas — each generated more than $60 million for their institutions. That number, which comes from the Department of Education, fails to account for the millions of dollars alumni donated to their alma maters because they were so proud of their football teams. But it still helps to explain why so many strangers to football success have reinvented themselves as football powerhouses (Rutgers?), and also why universities are spending huge sums on new football practice facilities, new football stadium skyboxes and new football coaches.

via Serfs of the Turf – New York Times

Baseball’s Losing Formula

Saturday, November 3rd, 2007

New York Times (November 3, 2007)

The Colorado Rockies’ appearance in the World Series last month may have looked like evidence of success for revenue-sharing. Like the Oakland Athletics, the Minnesota Twins, the Detroit Tigers and the San Diego Padres last year, a small-market team proved competitive enough to reach the playoffs. But revenue sharing, as it is now structured, actually makes lasting success less likely for all five of these teams.

via Baseball’s Losing Formula – New York Times

The Kick Is Up and It's … A Career Killer

Sunday, October 28th, 2007

New York Times – Play Magazine (October 28, 2007)

The Saints had the ball, and a field goal would win it — except the ball was in the Saints’ half of the field, on the 43-yard line. And the record distance the ball would have to travel — 63 yards — was only the first of the kicker’s problems. He was kicking from a dirt surface churned up like a World War I battlefield. The ball would need to cut through the thick, humid New Orleans air and into the closed end of Tulane Stadium, where the wind swirled unpredictably. On top of all that, the kicker lacked the most basic requirement for his job: a foot.

via The Kick Is Up and It’s … A Career Killer – New York Times

Reluctant Warrior

Sunday, November 26th, 2006

New York Times (November 26, 2006)

A few years later, when Colin Powell, an otherwise aimless freshman at City College in New York, enrolled in the R.O.T.C. program, those who knew him best would conclude that he was less interested in serving his country than in the spit and the shine. “What attracted him more than anything else was their uniforms,” Karen DeYoung writes in her account of Powell’s life. “The young cadets looked sharp in their dark brown shirts and ties and gleaming brass buckles. Compared to his solitary, stumbling progress through college, they seemed to belong to something and to know where they were going.” The young Colin Powell seems to have been a character in search of a role, who sensed that it would be easier to play if it came with a costume.

via Reluctant Warrior – Books – Review – New York Times

What Keeps Bill Parcells Awake at Night

Sunday, October 29th, 2006

New York Times – Play Magazine (October 29, 2006)

After racing out to a 10-0 lead, the Cowboys collapsed. They threw interceptions, dropped passes, allowed sacks, committed penalties. The journalists know this, but they also know that they saw only the same tiny slice of the game that the fans saw on TV. They don’t really know why the team fell apart, and the only way to find out is from the inside — from some coach with a knowledge of the plays, who has studied the game film. But since the head coach, Bill Parcells, forbids his 14 assistant coaches from talking to the news media, the pool of possible informants is one. It’s as if a sensational crime has occurred in broad daylight and there’s only one witness. And he is an extraordinarily reluctant witness.

via What Keeps Bill Parcells Awake at Night – New York Times

The Irresponsible Investor

Sunday, June 6th, 2004

New York Times (June 6, 2004)

In their recent letter to financial markets in which they lay out the ground rules for their public-share offering, the company’s founders, Larry Page and Sergey Brin, insist that Rule No.1 will be ”Don’t be evil.” This, they seem to think, will strike their audience as a radical idea. That is because the audience consists, mainly, of investors. Five long years in Silicon Valley have apparently taught the Google founders a great deal about the people who are about to make them billionaires.

via The Irresponsible Investor – New York Times

Coach Fitz's Management Theory

Sunday, March 28th, 2004

New York Times (March 28, 2004)

A few people, and a few experiences, simply refuse to be trivialized by time. There are teachers with a rare ability to enter a child’s mind; it’s as if their ability to get there at all gives them the right to stay forever. I once had such a teacher. His name was Billy Fitzgerald, but everybody just called him Coach Fitz.

via Coach Fitz’s Management Theory – New York Times

The Personal Is the Antipolitical

Sunday, September 28th, 2003

New York Times (September 28, 2003)

This woman, unreachable by phone, is herself a clue to a mystery: how did California go so quickly from order to chaos? Republicans say it’s because Gray Davis caused and then covered up the state’s financial crisis. Democrats claim the attempt to remove Davis from office just six months after he was legally elected is a right-wing conspiracy. Both are obviously wrong. What we have here is a crime of passion, committed by the people upon their ruler. It demands an investigation.

via The Personal Is the Antipolitical – New York Times

The Trading Desk

Sunday, March 30th, 2003

New York Times (March 30, 2003)

This article is adapted from ”Moneyball: The Art of Winning an Unfair Game,” published in May 2003 by W.W. Norton & Co.

The next day, when Billy Beane sits upright in his office, a few yards from Oakland’s Coliseum, he faces a wall covered entirely by a white board and, on it, the names of the several hundred players controlled by the Oakland A’s. Mike Magnante’s name is still on that board. Swiveling around to his rear, he faces another white board with the names of the nearly 1,200 players on other major league rosters. Ricardo Rincon’s name is on that board. At this point in the year Beane doesn’t really need to look at these boards to make connections; he knows every player on other teams that he wants, and every player in his own system that he doesn’t want. The trick is to persuade other teams to buy his guys for more than they are worth and to sell their guys for less than they are worth.

via The Trading Desk – New York Times