Enron, what's an audit committee to do?
Roman Weil how to prevent another Enron, and the V. Duane Rath
professor of accounting in the Graduate School of Business tells
a parable about leases. "If a company leases a plane from
another company," he posits, "whose balance sheet should
list the plane?" The company leasing the plane doesn't own
it and won't think to list it as an asset. Then again, because
the lease is long-term the plane's lessor has essentially removed
it from its inventory and turned a profit on it-so why, the leasing
company's managers demand of their accountants, should the plane
sit on its balance sheet?
politics of free trade
trade, most observers acknowledge, brings long-term economic gain.
But does it also carry political consequences? Lloyd Gruber, associate
professor in the Irving B. Harris School of Public Policy Studies,
believes it does-and notes that they may be negative.
A time before
East vs. West
stark, otherworldly images of Afghanistan filling newspaper pages
and television screens have made many Americans feel exactly that:
as if the Middle East is another world.
rocks and mossy caverns: A grand tour of English gardens
mind what the end of civil war and 1688 meant for the British
monarchy and Parliament-it's what happened to gardens that Kimerly
Rorschach wants her students to consider on this drizzly February
a really, really, really, really small world after all
Parthasarathy used to consider the big picture, but now he attends
to the small details. As an astrophysics major at the University
of California at Berkeley he became more interested in the tiny
electronics of the telescope's inner space than the swirling clouds
of outer space. Switching his focus from radio astronomy to semiconductors,
the Ph.D. candidate in physics has moved to the other end of the
scale-he measures in nanometers rather than parsecs.
scholar in training
hand gets grabbed. A foot gets stepped on. Something that should
not be touched gets touched. A wallet gets picked from inside
a kimono sleeve in a momentary impulse.... Caring parents must
not let their darling daughters ride the train during rush hour,"
writes Maeda Hajime in Sarariman monogatari (The
story of the salaryman), his 1928 handbook for young Japanese
birds do it, the bees do it-even the monkeys in the trees do it.
So why don't human beings do it? Ask James Roney. The "it"
in question involves courtship displays, and the Ph.D. candidate
in the Committee on Human Development observes that humans go
about it differently than our branch-swinging cousins.
smells, she smells
apparently prefer the odor of men who are genetically similar
to themselves, according to research reported by postdoctoral
fellow Suma Jacob, AB'91, PhD'98, MD'01; Martha K. McClintock,
the David Lee Shillinglaw distinguished service professor in psychology;
and human-genetics professor Carole Ober in the February
Nature Genetics. The study, which had women sniff T-shirts
that men had worn for two days, found that a woman's preference
is based on the man's genetic match to her paternal genes.
dig deep into gardening theory with Christopher Thacker's History
of Gardens (California, 1979). Thacker traces the origins
of gardening back to the natural paradises of Greek myth and surveys
the shifting trends of garden design through the ages: the Renaissance
in Italy, France, and England; the reign of Louis XIV, who set
the standard for the formal French garden at Versailles; 18th-century
England, when the landed gentry took up gardening.