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The Subprime Drama Continues, but for How Long?
Almost every day, a new twist seems to appear in the subprime crisis drama. This week, the investment arm of the government of Abu Dhabi announced an infusion of US7.5 billion to acquire a 4.9 percent stake in Citigroup, which has been slammed by enormous losses in the credit market. The announcement came on the heels of a report from Bank of America that the subprime mess is about to get messier as interest rates "reset" -- or rise -- on more than US360 billion worth of adjustable rate subprime
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Microsoft and Yahoo: Does It Make Sense (and Will It Work)?
On Friday, February 1, Microsoft announced it was making an unsolicited bid to acquire Yahoo for $44.6 billion in cash and stock, a 62% premium over Yahoo's stock price at the time. Yahoo is officially "evaluating" the offer and, according to reports, is talking to other companies as possible suitors. Meanwhile, Google seems determined to derail the deal, stating that it finds the proposed acquisition "troubling" and offering to help Yahoo come up with other options. Does the deal make sense, an
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AIG Rescued but Crisis Continues
After refusing to bail out Lehman Brothers, the government agreed to an $85 billion loan to insurance giant AIG, effectively taking over the company. Knowledge@Wharton talked to Wharton insurance professors Olivia Mitchell and Kent Smetters to find out how the world's largest insurer got into this situation and how it can be prevented from happening again.
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High-leverage Innovation, Part Three: Lessons from the Auto Industry
In this final part of a three-part interview, Wharton professor of operations and information management Karl Ulrich and Kevin Dehoff, a partner at Booz & Company, talk about innovation in the auto industry -- what constitutes it, why some manufacturers, like Toyota, are more innovative than others, and the role that customers play in innovative product development.
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The New Role of Risk Management: Rebuilding the Model
Risk managers armed with the most sophisticated quantitative tools available did not foresee the biggest development in a generation -- the systematic breakdown and global contagion of financial markets. In an interview with Knowledge@Wharton, John Drzik, president and CEO of the Oliver Wyman Group, Richard J. Herring, a finance professor at Wharton, and Francis X. Diebold, a Wharton professor of economics, finance and statistics, discussed how to build a more informed risk management model. All
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Farhad Mohit: DotSpots and the Wisdom of Crowds
Entrepreneur Farhad Mohit is hardly resting on his laurels, although he could. In 1996, he launched BizRate, a consumer rating site, and then in 2004, Shopzilla, a shopping search engine. His latest venture is DotSpots, a service that lets people update the news in real-time with dots, or distributed objects of thought. These could include mini-blog posts containing text, videos, images, documents, perspectives from the blogosphere or eye-witness accounts from the scene. Mohit talked with Knowle
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Comcast and NBC Universal: The Rise of a Content King?
Philadelphia-based Comcast, the largest cable company in the U.S., has made a bid to merge its operations with NBC Universal -- home to the NBC television network, Universal Studios and popular cable channels including Bravo, USA, CNBC and MSNBC. If the deal goes through, it would create a programming giant, allowing Comcast to produce and distribute content throughout its cable networks and on web sites such as Hulu, which is partially owned by NBC Universal. Steve Ennen, managing director of t
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Empty Pockets: What Does the Greek Debt Dilemma Mean for the Global Economy?
Fear is growing that Greece may default on a massive pile of debt, creating a ripple effect of problems throughout Europe and beyond. Following pressure from the European Union and the European Central Bank, the Greek government on March 3 announced a new round of austerity measures that include spending cuts and tax increases which critics fear will harm Greece's economy. Meanwhile, Wall Street banks are facing scrutiny for the complex financial instruments they used to allegedly disguise the c
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Linda Katz of Children's Literacy Initiative: Why Teaching in U.S. Classrooms Isn't Making the Grade
"Dire" is one adjective that Linda Katz, founder and executive director of Children's Literacy Initiative (CLI), uses to describe the U.S. education system, which is leaving an increasingly high number of children without adequate reading and writing skills. For more than 20 years, CLI has been working with school systems across the country to overhaul how teachers are trained, hired and mentored. In an interview with Knowledge@Wharton, Katz discusses not only why classroom teaching is broken an
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04 Oct 2010: The Fate of Embryonic Stem Cell Research: Examining the Legal Battle Behind the Science
The Science and Technology Policy Program of the James A. Baker III Institute for Public Policy invites you to attend a presentation on The Fate of Embryonic Stem Cell Research. At this event, experts will address recent court rulings that reinterpret the Dickey-Wicker Amendment, which prohibits the creation of human embryonic stem cell (hESC) lines from destroyed embryos. Federal funding currently is allowed for research using existing lines, all of which were created with private funds, but th
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06 Oct 2010: How Things Really Work: Lessons From a Life in Politics
Bill Hobby was elected lieutenant governor of Texas in 1972. As the longest-serving lieutenant governor in Texas history, a media executive, distinguished university professor and philanthropist, he has worked to guide the state into the future. During his 18 years in office, Hobby made education a top priority and helped make health care more accessible. After leaving office in 1991, he continued to run Hobby Communications but was soon tapped to lead the University of Houston System through a
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25 Oct 2010: Debt and Deficit: Long-term Fiscal Issues
A leading voice for fiscal discipline, U.S. Senator Judd Gregg, R-N.H., is currently serving his third term in the Senate and is the ranking member of the Senate Budget Committee. Previously, he served his state as governor (1989-1993) and U.S. representative (1981-1989). Gregg is a national leader on fiscal policy, a well-known budget expert and a respected voice on health care, economic and financial regulatory issues. He played a major role as a chief negotiator of the Emergency Economic Stab
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Hearing the Japanese Earthquake Clip 1
Georgia Tech Associate Professor Zhigang Peng has converted the 2011 Japanese earthquake's seismic waves into audio files. The results allow experts and general audiences to "hear" what the quake sounded like as it moved through the earth and around the globe. This recording was taken about 90 miles from the Japanese earthquake's epicenter. There are two distinct sound waves. Both are caused by the mainshock. A "pop" is heard 90 seconds (in actual time) after the main event. This pop wasn't re
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Can fingerprints be forged?

This MythBusters video shows that fingerprint security systems can be beaten using latex fingerprints - in less than 10 minutes.


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New microscope 100 million times stronger than MRI - IBM research

IBM scientists have demonstrated MRI (Magnetic Resonance Imaging) with volume resolution 100 million times finer than conventional MRI. This will enable the study of complex 3D structures at the nanoscale level.

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The Humanitarian Toolbox

The Humanitarian Toolbox is a collection of open source software that helps disaster relief workers organize and collaborate more effectively. Bill Wagner was recently on campus for an event and we asked him to stop by to tell us more about the projects in progress and the dozens of applications they would still like to create. 

Author(s): Larry Larsen

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Bulletin of the Institute for Antiquity and Christianity, Volume XXVII, Summer 2000
CONTENTS: Cover Illustration Description, Egyptian Christianity Project, Rhetorics and Hermeneutics, IAC Alumnus, 2000 Fall Lecture Series, Book Review: Judges, Book Review: The Homeric Epics, Upcoming Publications
Author(s): The Institute for Antiquity and Christianity

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Physical rights are retained by the institution. Copyright is retained in accordance with U.S. Copyright laws.

Bulletin of the Institute for Antiquity and Christianity, Volume XXX, Winter 2003
CONTENTS: Cover Illustration Description, In Memoriam: Hans Drijvers, Brent Knutson, Roland Murphy, Hans-Martin Schenke, International Q Project, Lectures/conferences, Publications
Author(s): The Institute for Antiquity and Christianity

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