In This Issue
Feb 19 2008
Boomtown, Iraq
Illustration by Bryan Christie
A journey into the fledgling oil industry of Iraq's Kurdistan region finds welcoming locals and posh hotels. Is this the next Dubai? Read the story
A journey into the fledgling oil industry of Iraq's Kurdistan region finds welcoming locals and posh hotels. Is this the next Dubai? Read the story
The Toxic Ten
Some of the corporations that claim to be the greenest are surprisingly eco-unfriendly. Read the story
The Art Party
Illustration by Andy Friedman
You don't have to be a mogul to matter at Art Basel Miami Beach, but it helps. Read the story
You don't have to be a mogul to matter at Art Basel Miami Beach, but it helps. Read the story
Inside Wall Street's Black Hole
Investors for years have relied on a complex formula to manage risk. But what happens if the Black-Scholes model is wrong—and we're in bigger trouble than ever? Read the story
Natalie Bancroft
The new (and only) woman on Rupert Murdoch's board is a 27-year-old fledgling opera diva. Murdoch may have gotten more than he bargained for. Read the story
Your Hospital's Deadly Secret
Hospital pharmacies across America are being contracted out to companies with little or no medical expertise. Patients are paying the price. Read the story
Obamanomics
Barack Obama and Hillary Clinton are such economic twins, it's hard to tell them apart. Why his approach has the edge. Read the story
Do You Trust This Man?
Photoillustration by Wes Duvall
The famed investor is getting into municipal-bond insurance. Too bad the industry is a racket. Read the story
The famed investor is getting into municipal-bond insurance. Too bad the industry is a racket. Read the story
The Poor Give More
Illustration by Post Typography
Surprising findings show that low-wage earners step up to the charity plate big-time. Read the story
Surprising findings show that low-wage earners step up to the charity plate big-time. Read the story
The Doom Index: Housing Prices
Since the subprime crash, new home sales have fallen more than 26 percent nationwide, and prices slid 10 percent in December. The question on everyone's mind now: How much worse will things get? Read the story
Wall Street Bonuses Explained
Photoillustration by Tamara Shopsin and Jason Fulford
Wall Street is still handing out bonuses for 2007, when the five biggest independent banks earned a total of $11.4 billion, down from $32.1 billion in 2006. But those banks paid their employees a record $66 billion last year, 10 percent more than in 2006. It's worth asking why banks are giving away huge bonuses at all. Read the story
Wall Street is still handing out bonuses for 2007, when the five biggest independent banks earned a total of $11.4 billion, down from $32.1 billion in 2006. But those banks paid their employees a record $66 billion last year, 10 percent more than in 2006. It's worth asking why banks are giving away huge bonuses at all. Read the story
