Month: April 2010

  • BooksJorge Luis Borges Jose Saramago Nobel Prize The Notebook

     
    The Notebook: Saramago’s Sudden Clarity
    10:30 am Monday Apr 19, 2010 by Chelsea Bauch

    José Saramago has the ability to simultaneously seduce and piss off his audience more than perhaps any other living writer. From absurdist premises to an ascetic approach to punctuation, his fiction breeds a kind of intellectual isolation that becomes addictive with each turned page. His novels, for which he received the Nobel Prize in 1998, consist of complex allegories, fantastical scenarios, rewritten histories, and the occasional inside literary joke, each of which is at once stunningly executed and maddeningly disorienting. It comes as a welcome shift, then, that Saramago’s most recent release, The Notebook, is a work of nonfiction, an overview of contemporary society that offers clarity and sobering directness without sacrificing any of the author’s love/hate appeal.

    The book presents an intelligent twist on the blogs-turned-books phenomenon, proving that the two mediums are compatible beyond social curios and cultural gimmicks. Made up of blog entries written by Saramago between September 2008 and August 2009 — yes, even an 87-year-old, Marxist, Nobel laureate has a blog now, too — The Notebook portrays a different kind of writer, one who remains effortlessly analytical even during his most indignant outbursts (of which there are many here).

    The immediacy of the format suits him well, too, inviting an impressionistic style that is refreshingly short on polish or forethought. Each entry is pointed, at times barbed, with Saramago’s candid opinions on religion, leftism, American politics, as well as famous literary figures like Jorge Luis Borges and Carlos Fuentes. He imparts pieces of wisdom and reflection — not all of it agreeable, not all of it compelling — in his musings, while exploring everything from mortality to utopia along the way.

    Saramago was a journalist for most of his early career — much of it under Salazar’s dictatorship in Portugal — and it’s his seasoned eye for politics that most vocally comes through. He can be contentious in his critiques, but engagingly so — one day he sneers at George W. Bush for “[presenting] himself to humanity in the grotesque pose of a cowboy who has inherited the world and mistaken it for a herd of cattle,” the next day he assesses Berlusconi’s inexplicable electoral successes with near-academic restraint, and later he lets loose on the left for “[having] no fucking idea of the world it’s living in.” Some of his political predilections may not agree with certain readers, but it’s the critical approach through which he engages each subject that makes it interesting to read nonetheless. The result is a portrait of a philosopher who is as hotheaded and bleakly funny as he is shrewd.

    For all its ire, The Notebook is framed by an optimistic outlook. Saramago opens with “a love letter” to his native Lisbon and concludes with a positive postscript: “If one day or another I feel the need to comment or opine upon something or other, I may come and beat a path to The Notebook, that place where I can most express myself according to my desires.” Whatever the case may be, The Notebook is a unique glimpse into the candid ruminations of one of the most talented living writers. It won’t clarify any muddied questions about Saramago’s fiction, but it will certainly offer a window into the intellectual method behind his creative madness.

    Copyright. Flavorpill. 2010.  All Rights Reserved

  • Goldman Sachs. Greed in It’s DNA

    Fred R. Conrad/The New York Times

    Frank Rich

     


    April 25, 2010
    Op-Ed Columnist

    Fight On, Goldman Sachs!

    MAYBE Lloyd Blankfein was doing “God’s work” after all.

    When the Goldman Sachs chief executive made that tone-deaf remark to an interviewer in November, he became the butt of a million insults, the ultimate symbol of Wall Street’s abdication of responsibility for its sleazy role in the Great Crash of ’08. But now we’ve learned that Blankfein was actually, if inadvertently, on the side of the angels. It’s his myopic, unrepentant truculence that left Goldman exposed to a Securities and Exchange Commission accusation of fraud that will be litigated in public rather than bought off in private. And it’s that S.E.C. legal action that has, in a single week, radically transformed the politics and prospects for financial reform in America.

    In just that week, the Party of No’s intransigent campaign of obstruction and obfuscation went belly up. The Obama White House moved to get its act together with an alacrity lacking in its health care campaign, abruptly adding Thursday’s New York speech to the president’s schedule. The bipartisan Financial Crisis Inquiry Commission at last issued its first subpoena — to Moody’s, one of the rating agencies that for a fat fee slapped AAA ratings on the toxic garbage Goldman packaged and sold to benighted suckers on the other end of a huge bet placed by a favored client, the hedge fund player John Paulson.

    Salutary as this rush of events is, it still adds up so far to just one small step for mankind. We don’t yet know how many loopholes lobbyists will slip into the bill-in-progress. We don’t yet know the outcome of the S.E.C. case, let alone what other much-needed legal pursuit of Wall Street may follow it. And we still don’t know what, if any, true correction lies ahead for the financial sector’s runaway casino culture — much of it legal — that turned a subprime-mortgage bubble in a handful of overheated American states into an international economic meltdown.

    But before we get to those gloomy caveats, let’s smell a few roses.

    The farcical spectacle of the Republican retreat has been particularly enjoyable. It was only last Sunday that Senator Mitch McConnell went on CNN to flog his big lie that the Senate reform bill somehow guaranteed bank bailouts — a talking point long ago concocted for the G.O.P. by its favorite spin strategist, Frank Luntz. McConnell’s House counterpart, John Boehner, was meanwhile waging a campaign to portray the Democrats as shills for Goldman, a major source of Obama donations and personnel. Never mind that the Bush White House chief of staff, Joshua Bolten, was a Goldman alumnus and that both McConnell and Boehner had voted for the very bailouts they now profess to abhor (a k a TARP) after a sales job by Henry Paulson, the Bush Treasury secretary who was Blankfein’s predecessor as Goldman’s C.E.O.

    In another bit of hubris, McConnell boasted of a letter signed by his caucus pledging 41-vote unity to block the reform bill. But on Monday, Senator Bob Corker of Tennessee, a Republican who had been negotiating with his Democratic peers in good faith, took to the Senate floor to start breaking ranks with his dear leader. The bill at hand, Corker said, was “anything but” a mandate for bank bailouts. On Tuesday, the House G.O.P. leadership distributed a spreadsheet publicizing Goldman’s donations to Democrats, and this too backfired. Politico reported the next morning that Goldman’s political action committee donated more money to politicians in March than in all of 2009, most of it to Republicans. The total take for Boehner was double that of Harry Reid’s.

    That afternoon Charles Grassley of Iowa, up for re-election this fall, became the first G.O.P. senator to vote with the Democrats on part of the pending package. Maybe someone showed him another spreadsheet — a Pew poll finding that even in a divided America 61 percent favor financial regulatory reform. The unity pledge in McConnell’s pocket was now worth as much as a mortgage-backed security.

    The White House’s own shift last week, though far less momentous than the Republicans’, was also promising. A year ago, President Obama had delivered an address labeling the financial crisis a “perfect storm” — the term long favored by Robert Rubin, the discredited guru of bailed-out Citigroup and mentor to many on the White House economic team. At Cooper Union on Thursday, the president, while far from fiery, was no longer likening the calamity to a natural disaster beyond anyone’s control. He chastised those in the financial sector who saw the free market as “a free license to take whatever you can get, however you can get it.” He was no longer describing Blankfein, sitting before him, as a “very savvy” businessman — a compliment he had bestowed on him and Jamie Dimon of JPMorgan Chase just 10 weeks earlier.

    Still, the Republicans had half a point when they indicted the White House for being too close to Goldman and its brethren. The truth is that both parties are too often in hock to the financial sector, and both parties bear responsibility for the meltdown. In response to a question from Jake Tapper of ABC News last weekend, Bill Clinton was right to say that he and two of his Treasury secretaries, Rubin and Lawrence Summers, “were wrong” to leave derivatives unregulated. They deserve regulation, Clinton said, because “sometimes people with a lot of money make stupid decisions and make it without transparency.”

    Those same people also make smart decisions without transparency — smart for them, if not the country. Even if the reform bill does bring stringent regulation to derivatives — a big if — that won’t rectify capitalism’s worst “innovation” in our own Gilded Age: the advent of exotic, speculative “investments” that have no redeeming social value and are instead concocted to facilitate gambling for its own sake. Such are the Goldman instruments of mass financial destruction that paid off for John Paulson. In 2007 alone, according to Gregory Zuckerman in his book “The Greatest Trade Ever,” Paulson’s personal take amounted to over $10 million a day, “more than the earnings of J. K. Rowling, Oprah Winfrey and Tiger Woods put together.” That “financial alchemy,” as Zuckerman calls it, explains why the finance sector’s share of domestic corporate profits, never higher than 16 percent until 1986, hit 41 percent in the last decade.

    As many have said — though not many politicians in either party — something is fundamentally amiss in a financial culture that thrives on “products” that create nothing and produce nothing except new ways to make bigger bets and stack the deck in favor of the house. “At least in an actual casino, the damage is contained to gamblers,” wrote the financial journalist Roger Lowenstein in The Times Magazine last month. This catastrophe cost the economy eight million jobs.

    Lowenstein argued for a transfer tax on financial trading, a reform that has found favor with Britain’s prime minister, Gordon Brown, if not our own Treasury secretary, Timothy Geithner. Equally compelling is the notion articulated by Ryan Avent, a blogger at The Economist, that “public anger” and “hooting derision” be increased to shame Wall Street into changing its ethos. This assumes, of course, that there is any capacity for shame. Perhaps the most productive tactic comes from Ted Kaufman, Democrat of Delaware, who is using his lame-duck residence in the Senate (as the appointee to Joe Biden’s old seat) to demand that we root out the “fraud and potential criminal conduct” that “were at the heart of the financial crisis.”

    To achieve this overdue reckoning will require action — by the S.E.C., the Justice Department and any other legal authority that wants to get into the act. That no one at Lehman Brothers has yet been held liable for its Enronesque bookkeeping deceit is appalling. That we still haven’t seen the e-mail and documents that would illuminate A.I.G.’s machinations with Goldman and the rest of its counterparties amounts to a cover-up. That investigative journalists have consistently been way ahead of the authorities, the S.E.C. included, in uncovering Wall Street’s foul play is a scandal. If this culture remains in place, the whole crisis will have gone to waste.

    As a reminder of the unchastened status quo, Blankfein remains the gift that keeps on giving. On Thursday, The Financial Times reported that he had been calling clients to argue that the S.E.C. case against Goldman would ultimately “hurt America.” The opposing point of view was presented by Ira Glass on his radio show “This American Life” this month. With reporters from the nonprofit journalistic organization ProPublica, it told the story of another hedge fund, Magnetar, that gamed the housing bubble. Bankers who worked on Magnetar deals walked away with their huge bonuses well before disaster struck — or, as the program put it, “bankers made money even when they were buying things that eventually blew up the bank.” Not to mention the economy. And it was all legal.

    To award the audience a bonus, “This American Life” concluded with a Broadway song commissioned from a co- author of the satirical musical “Avenue Q.” Titled “Bet Against the American Dream,” it distills a complex financial saga to its essence: Those who shorted the housing market shorted the country.

    Go online, listen to it and laugh. But the fact remains that those who truly hurt America are laughing harder still, all the way to the bank.


     

  • The Understated Elegance of Mariano Rivera

    Josh Haner/The New York Times

    The Yankees called on Mariano Rivera in Game 6 of the 2009 World Series. Rivera held off the Phillies and the Yankees won their 27th title

    April 25, 2010

    The Understated Elegance of Mariano Rivera

    He entered the clubhouse with the same purposeful stride with which he exits the bullpen. Into the big room came Mariano Rivera as if protecting a one-run lead in the ninth inning, the middle of the order due up.

    “I can talk to you, but I need to get dressed so I won’t be looking at you,” he told a reporter before a recent game at Yankee Stadium, while hanging his sports coat.

    But he would, in fact, turn to answer the questions because Rivera by nature is as direct — and minimalist — with words as he is with a pitching motion aptly described by Curtis Granderson, the Yankees’ center fielder, as “calm violence.”

    New to the clubhouse this season, Granderson dresses a few stalls from Rivera but said they had yet to have what he would call a real conversation.

    “I don’t really see him too much,” he said. “In passing, if I’m walking out to the dugout and he’s getting ready, I’ll say what’s up to him, he’ll say what’s up to me, and that’s kind of it. For the most part, he gets his business done. He just keeps going.”

    On and on he goes, with one devastating pitch, his famed cut fastball, while generally keeping to himself off the field in the way he composes himself on it.

    “I’m a simple guy, you know?” Rivera said. “If I do something, it’s not going to be, ‘Look at this, look at that.’ It just happens.”

    In his 16th year with the Yankees, his 14th as their inscrutable closer — can it really be something that just happened? Quietly, calmly and, yes, violently, considering how many bats he has broken — Rivera has at the very least put himself in the discussion of the most understated superstars in the history of American team sports.

    He rarely seeks attention though he recently scolded the umpire Joe West for saying the Yankees and the Red Sox should speed up their games. “If Mariano has something to say, he will say it,” said Ray Negron, a longtime adviser to George Steinbrenner and the Yankees. “But if you go talk to him, you’d better have something solid, too.”

    A religious man, Rivera is quick to say his success is God’s plan. Others say it is at least as much a man-made path. “A lot of guys have ability — more ability than Mariano,” said Rivera’s longtime agent, Fernando Cuza. “But they don’t have that discipline, that self-control.”

    Rivera, 40, has been so good for so long that Reggie Jackson ranks him not in the category of the bullpen specialist but in the transcendent grouping of sports icons.

    “For what he does, he’s maybe the most dominant athlete other than Bill Russell that I know,” Jackson said. “But it’s also in the way he does it. Quiet. Humble. Mariano is regal, baseball royalty.”

    Over time, on five World Series winners, Rivera has developed a mesmerizing aura based almost purely on performance in an era of wanton — and often rewarding — pomposity. He is a power pitcher who intimidates without threatening hitters or showing them up. He is the face of metronomic end-game execution for baseball’s bully franchise but has, almost miraculously, never drawn public resentment or rebuke.

    Recently, Rivera became the star of an advertising campaign for Canali, a high-end clothing company, and did not so much as suffer the fraternal clubhouse consequences he predicted he would to one Canali employee.

    “We’ve seen the ads in the magazines, but he’s such a great guy, man, you don’t even want to try to get on him,” said outfielder Nick Swisher, a likely candidate for the role of comic antagonist. “I mean, I don’t think there’s one bad thing I can say about him. Educated man, family man, dresses nice all the time, carries himself with class.”

    In the global melting pot of sports and entertainment, such was the matrimonial criteria for the Italian manufacturer to the Panamanian pitcher, the first athlete Canali has used in a marketing campaign.

    “He reflects the positive attitude that we would like to deliver to our consumer,” Elisabetta Canali, the company’s global communications director, said in a telephone interview from Milan. “He is solid.”

    The courtship, Rivera said, was no superficial whirlwind. Shopping in a Westchester store five years ago, he found a Canali jacket he liked but not in his size. He was directed to Lisa Ranieri-Emanuel, an executive in the company’s New York office and a Yankees fan. Canali has outfitted Rivera ever since.

    In December, Rivera flew to Milan for the shoot, his first visit to the city and the country. On the day he landed, he worked half a day, striking Elisabetta Canali as “an uncommon celebrity.” She said the campaign, which began in the United States in March, would expand to other baseball-loving countries in the Americas and Asia.

    Click on the English language section of the Canali Web site, and a smiling Rivera appears in a Yankees blue pinstriped blazer and a striped shirt with an open collar. The design and color are a coincidence, according to Elisabetta Canali.

    “He just looked so good in the pinstripes,” she said, an observation that could double as a baseball career epitaph.

    Negron said Rivera as a male model was a stroke of marketing genius. “If I had to go with one guy in here for something like a clothing campaign, it would be him, without question,” he said.

    Asked why not Derek Jeter or Alex Rodriguez, Yankees who perhaps have higher profiles, Negron shook his head.

    “Jeter’s great, but he’s a different guy, more jeans, more soft drink — that’s the aura you get from him,” Negron said. “Alex is great, but Alex is Alex, too much behind him. With Mariano, what you see is what you get, and you can see him in a fine Italian suit.”

    Cuza, the agent, said Rivera was also a “head-to-toe Nike guy,” meaning he used and endorsed the sporting giant’s brand wear and equipment. He is also typically sought out for personal appearances but is selective in what he does, citing baseball demands and time with his wife and three sons.

    “The endorsements are nice, but that’s not something I’ve been actively seeking,” Rivera said, perhaps camouflaging his intentions, as he does his pitching, by not appearing to try very hard.

    Steve Rosner, a founder of the New Jersey-based sports marketing company 16W, said that Rivera had been “undermarketed throughout his career,” while acknowledging that his English — accented but clear — was a likely factor. But Rosner added that Rivera would have a lasting cachet because his appeal was more rooted in imagery than personality.

    Rosner, who mostly represents retired athletes, said there was growing currency in the combination of success, maturity and predictability in the wake of debacles involving Tiger Woods and Ben Roethlisberger.

    “If you look at the great Yankees — the really, really great Yankees — they tend to stay within the organization, remain Yankees forever,” he said. “There’s a huge benefit for Mariano playing his entire career here. Unless there is something we don’t know, I think he will always be revered.”

    There is risk in putting anyone on a promotional pedestal, he said, but there are also degrees. Fifteen years into an almost-certain Hall of Fame career, Rivera’s character remains unblemished.

    Though Granderson has been in uniform with the Yankees only since February, the only flaw he could think of was the spring training occasion when a communal bottle of lotion disappeared in the clubhouse.

    “He had it in his locker,” Granderson said. “I guess he’s the lotion thief.”

    No charges were filed. Smooth as can be, Rivera got out of the jam.

    Copyright. New York Times Company. 2010. All Rights Reserved

  • Jenson Button Q&A: It’s been an incredible start to the season

     

    Jenson Button (GBR) McLaren.<br />
Formula One World Championship, Rd 4, Chinese Grand Prix, Race, Shanghai, China, Sunday, 18 April 2010 Race winner Jenson Button (GBR) McLaren celebrates on the podium.<br />
Formula One World Championship, Rd 4, Chinese Grand Prix, Race, Shanghai, China, Sunday, 18 April 2010 Race winner Jenson Button (GBR) McLaren MP4/25 takes the chequered flag at the end of the race.<br />
Formula One World Championship, Rd 4, Chinese Grand Prix, Race, Shanghai, China, Sunday, 18 April 2010

    Although some doubted his move to McLaren, reigning world champion Jenson Button has proved the naysayers wrong, clinching two wins and 60 points from the opening four races. In an interview on his official website, Button reflected on his progress so far…

    Q: Four races, two wins, 60 points. Not bad!
    Jenson Button:
    It has been an absolutely incredible start to the season. Just…incredible. To say I’m satisfied would be a massive understatement – I am absolutely blown away by all the events of the last five weeks, and to be on top in the world championship is just an amazing place to be. And it feels so good. But, make no mistake, it’s been achieved through hard work. We got here because every one in the Vodafone McLaren Mercedes team has been working for this every single day. I first got in the car in February, and it really hasn’t stopped since then – whether it’s been at the tests, at the races, on the track or off it, we’ve all been working like crazy to get to the front – and I think our current position in both championships is well and truly deserved. We’ve not got everything right – but the fact that we’ve admitted that, and just got on and learned from it, has been a very valuable experience. And we’re not relaxing now – we might have some difficulties getting the people, the cars and the freight home before Barcelona, but that won’t stop the efforts we’re making to be even more competitive when we return to Europe.

    Q: Can you pick a personal highlight from the year so far?
    JB:
    Well, the two wins have been fantastic, obviously. But sometimes it’s the smaller things that really stick with you. I remember going to the McLaren Technology Centre (MTC) back in January to start the job for the first time, and that moment of getting to know people, and seeing how friendly and enthusiastic and fired-up everybody was – that was a really good moment. It’s been about getting to know the team and of not actually needing to ‘fit in’, but finding a natural fit through the help of everybody here. That’s been incredibly rewarding. Other moments; perhaps the final test in Barcelona, where we fitted the new parts and realised we had a pretty decent car, and one that I could really enjoy driving – particularly through high-speed corners. And taking the chequered flag in Melbourne. Still a pretty unbelievable feeling.

    Q: After Malaysia, you went back to MTC to work on the car’s set-up direction – do you think that had an impact on the result in China?
    JB:
    It did, yeah. We still had to sort of explore quite a bit in practice in China, and we only really got a good handle on the car by the time we got into Q3 on Saturday. But I think it’s more about the knowledge that we gain; each time we run the car we learn something new, and we’re able to apply that extra knowledge to each lap that we do. I’ve said it before, this is still a learning process for me, and, hopefully, I can improve all the time. What’s most important is that we didn’t really make any mistakes in China – we didn’t really drop the ball. And I know from experience that it’s the way you protect yourself from problems over a race weekend that will help you in the championship. You can have a great race one weekend, but if you follow it up with a bad qualifying lap and a bad race, then you’re wasting points. We need to look at this championship, make sure that we learn from every lap and try to make fewer mistakes than the rest.

    Q: Finally, have you been affected by the travel disruption?
    JB:
    Not at the moment, no. Jess (Michibata) and I had already made plans for a few days’ holiday before we knew of the travel disruption. Of course, it’s something that I’ve been following, because I know it’s affected a lot of people in the team, and I’m wishing them all well in their efforts to get home, because I know it’s not been easy. But I know that no problem is too big for our team and that we’ll get home eventually. Actually, the one thing that it’s made us think about is the distance we travel: usually, at a Grand Prix you don’t feel too far from home because you know you can always jump on a flight anywhere in the world and get home. When that’s taken away from you, it does make you realise just how much land there is between you and home. It gives you quite a different perspective than normal – which is quite interesting. I hope everyone manages to make it home soon.

    Coyright Formula1.com 2010. All Rights Reserved

  • George courting F1 again, but maybe not for Indy

     

    Tony George

    George courting F1 again, but maybe not for Indy

    April 24, 2010
    Tony George, who was Indianapolis Motor Speedway and Indy Racing League chairman until last June, was in China for several days this month to attend F1′s Chinese Grand Prix in Shanghai April 18 at the invitation of F1 boss Bernie Ecclestone.

    Tony George is trying to bring Formula One racing back to the United States—but not necessarily to the Indianapolis Motor Speedway.

    George, who was IMS and Indy Racing League chairman until last June, was in China for several days earlier this month to attend F1’s Chinese Grand Prix in Shanghai April 18 at the invitation of F1 boss Bernie Ecclestone.

    While there, George met at length with Ecclestone and Zak Brown, founder and CEO of Just Marketing International, an Indianapolis-based motorsports marketing firm that represents several high-level F1 sponsors.

    Brown and other sources close to F1 said George was there to discuss the series’ future in the United States, examine China’s motorsports sponsorship base, and meet with global motorsports sponsors who could potentially back a U.S. F1 race.
     

    Tony George George

    Despite interest from IMS and local tourism officials in bringing the event back to Indianapolis, that might not be George’s intention.

    The Speedway hosted an F1 race from 2000-2007, but the event left after George and Ecclestone couldn’t come to an agreement that made financial sense for both sides. F1 also has hosted a race in six other U.S. cities since 1980. Each failed, primarily for financial reasons.

    Still, the allure of the growing international racing circuit is undeniable.

    “Certainly, a Formula One race would be a high-profile event that could boost our region on a number of levels,” said Indianapolis Convention & Visitors Association CEO Don Welsh. “The international draw is very appealing.”

    But bringing a U.S. Grand Prix to New York is Ecclestone’s No. 1 choice in returning the series to American soil, and George could be part of a deal to make that happen—and could even play a part in organizing the race, Brown said.

    Oddly, Chris Pook, former head of IRL’s nemesis, Champ Car, has been one of Ecclestone’s recent lieutenants in establishing an F1 presence in the U.S. market.

    Jeff Belskus, who replaced George last July as head of the Speedway and IRL, said George was not in China representing the Speedway or IRL. Belskus added that he was not apprised of George’s trip in advance.

    Belskus said the Speedway would be interested in bringing an F1 race back under the right financial circumstances. Motorsports business experts said Ecclestone would have to lower the F1 sanctioning fee, which ranges from $10 million to $30 million annually, to make the race feasible in Indianapolis.

    F1Belskus added that he does not think George would work against Hulman-George business interests.

    “I believe we have a good relationship with Tony,” Belskus said. “That’s how I’d characterize it.”

    The Speedway and IRL’s board fired George after last year’s Indianapolis 500. The board—which is composed of George’s three sisters, mother and family attorney—offered to keep George as head of the IRL, but he declined.

    George continued to operate his IRL team, Vision Racing, through 2009, but folded it earlier this year, citing lack of sponsorship money.

    George sunk $30 million of the Hulman-George family fortune into building the 2.6-mile serpentine road course and other infrastructure needed for the USGP at the Speedway. George earlier this year resigned from the board of the Hulman-George family of companies, and protecting and maximizing a return on that investment may no longer be his primary interest.

    Ecclestone has made it clear that he prefers to put an F1 race in a city larger than Indianapolis. Though there is no formal relationship between George and Ecclestone, George could be a player in the deal to get that done, sources close to the discussions said.

    “Would Tony George love to broker a deal to bring back a U.S. Grand Prix? Sure,” said Brown, who confirmed his part in the discussions between George and Ecclestone.

    Ecclestone has invited George to several F1 races this year and was eager to hear the IRL founder’s input on bringing F1 back to America, Brown said.

    “Tony has a lot of contacts in motorsports, and he knows how to put on a U.S. Grand Prix,” Brown said. “I think if there’s a role for Tony in trying to bring Formula One back to the U.S., he’d be willing to help. Tony and Bernie have a very good relationship, and Tony has a lot of interest in seeing F1 return to the U.S.”

    Given his departure from the Speedway, it’s difficult to say where George’s interests in F1 lie. Brown said George simply wants to see motorsports of all types flourish domestically.

    Ecclestone also has an eye on other U.S. markets, including San Francisco, Las Vegas and Miami. Brown said long term, Ecclestone may have interest in holding two races on U.S. soil. F1 sponsors have not been shy about voicing their interest in getting into American markets.

    A major thrust by F1 into the United States could imperil IRL sponsorships and other business interests, said Tim Frost, president of Frost Motorsports, a Chicago-based motorsports business consultancy.

    Randy Bernard, the IRL’s new CEO under Belskus, didn’t discount that notion.

    “Anything in the entertainment world from the NFL to F1 is a competitor,” Bernard said.

    He hedged when asked if bringing F1 back to the IMS would be in the best interest of the financially struggling IRL.

    “If it is good for the Indianapolis Motor Speedway, the city and the state, who am I to make a formal opinion to the contrary?” Bernard said. “But if it failed … the last time it was here, why would it come back?”

    Brown thinks F1’s U.S. growth would help all domestic motorsports.

    “It would only increase the spotlight on the sport of racing, and that’s good for the Indy Racing League,” Brown said.

    A return by F1 to Indianapolis would undeniably boost the Speedway’s image as a premier motorsports venue, Frost said. But if F1 shuns the Speedway for another market, that could damage the facility’s reputation.

    “If the world’s top level of motor racing returned to the U.S. and didn’t locate at the Indianapolis Motor Speedway, you’d really have to scratch your head,” Frost said.

    George, who could not be reached for comment, would appear to have at least some interest in seeing an F1 event run at the track owned by his family’s business empire.

    “He still has an ownership stake in the Speedway,” Frost said. “I’m not sure why he would work to bring it anywhere else unless he’s simply convinced it wouldn’t work there.”•

     

    Copyright. 2010 Indianapolis Business Journal. All Rights Reserved

  • Goldman Sachs and The Consequences

    Sachs and the revolt of the lower upper class

    By Matt Miller
    Wednesday, April 21, 2010;

    A few years ago, a Goldman Sachs banker, still shy of his 40th birthday and worth, I was reliably told, some $80 million, told me that he wasn’t in his line of work for the money. “If I was doing this for the money,” he said, with no trace of irony, “I’d be at a hedge fund.”

    What to say? Though such a statement is perhaps only fathomable on a small plot of real estate in Lower Manhattan at the dawn of the 21st century, it suggests how insular and debauched our ruling class has become.

    For several years I’ve predicted that a new wild card in American life — the presence of economic resentment at the bottom of the top 1 percent of our income distribution — would become a powerful force for reform. The SEC’s fraud case against Goldman Sachs may be the first shot in what I think of as the revolt of the “lower upper class.”

    Lower Uppers are doctors, accountants, engineers and lawyers. At companies they’re mostly people above the rank of vice president and below the CEO. Their comrades include well-fed members of the media (and even part-time Post columnists who earn their livings as consultants). They include government officials — and, yes, SEC lawyers — who didn’t make or inherit fortunes before entering public service. Lower Uppers are professionals who by dint of education, hard work and good luck are living better than 99 percent of anyone who has ever walked the planet. They’re also people who can’t help but notice how many people with credentials much like their own seem to be living in the kind of Gatsby-like splendor they’ll never enjoy.

    This stings. If people no smarter or better than you are making $10 million or $50 million or $100 million in a single year, while you’re working yourself ragged to scrape by on a million or two — or, God forbid, $300,000 — then something must be wrong.

    Especially when it’s clear that many of the Ultrarich are not simply reaping the rewards of the “free market” but of rigged systems that are as likely to reward failure as success. CEOs who preside over years of tumbling stock prices routinely walk away with tens of millions for their trouble; hedge fund managers who barely beat the S&P commonly earn such princely sums in a year.

    And now the spotlight turns to Goldman and similar firms, whose executives might have enriched themselves through behavior that was (1) fraudulent, (2) repulsive, (3) of no apparent value to society — or all of the above. These are the same folks driving up the prices of coveted real estate and private schools to levels that Lower Uppers increasingly can’t afford.

    There’s only so much of this indignity a smart, vocal elite can take. It’s only a matter of time before the dam breaks and the new class war begins — not some retro showdown between proletarians and capitalists, but between the Lower Uppers and the Ultrarich.

    Think of SEC vs. Goldman, then, as the Lower Uppers’ Lexington and Concord. As Lower Uppers lash out, the public will cheer. Eliot Spitzer’s crusade against Wall Street when he was attorney general was hugely popular. Voters who distrust government tell pollsters they still want greedy bankers brought to heel. There’s a political opening for a “comeuppance” agenda that starts with the financial regulatory reform President Obama is pressing this week.

    But it hardly ends there. The next big skirmish will be taxes. And it brings out the beast in even rumpled Lower Uppers.

    One well-known and otherwise mild-mannered, free market-oriented Ivy League economics professor, for example, told me not long ago that “we should tax the [bleep] out of these guys,” meaning CEOs, private equity honchos and other banking types. He said the pay scams they’d cooked up left them earning classic economic “rents” — much more than would be needed to keep them engaged in the same activity. Since reducing rents doesn’t affect what people actually choose to do, economists say they can be taxed without hurting the real economy.

    You can see where this is headed. It’s the Ultras’ ultimate nightmare.

    First they’re trying to close down our derivatives casino, the Ultras fret. Next they’ll turn private equity’s dubious capital gains into (more highly taxed) ordinary income. Before you know it, they’ll claim the economy will hum along fine even if we raise marginal tax rates on income above $5 million a year to 50 percent! The revenge of the Lower Uppers may have only just begun. . . .

    Matt Miller, a senior fellow at the Center for American Progress and co-host of public radio’s “Left, Right & Center,” writes a weekly column for The Post. He can be reached at mattino2@gmail.com. ;

  • Huffington Post   |  Leah Finnegan First Posted: 04-23-10 08:10 AM   |   Updated: 04-23-10 08:42 AM

    According to a new study out of the University of Maryland, students are addicted to social media, and computers and smartphones deliver their drug.

    The study, conducted by the school’s International Center for Media & the Public Agenda, challenged 200 of the Maryland students to abstain from media for one full day and then blog about the experience. According to report on the school’s website, the students typed 110,000 words: “about the same number of words as a 400-page novel.”

    Susan D. Moeller, the Maryland journalism professor who conducted the study, said she was struck by how the short media blackout personally and emotionally affected students.

    “What they spoke about in the strongest terms was how their lack of access to text messaging, phone calling, instant messaging, email and Facebook, meant that they couldn’t connect with friends who lived close by, much less those far away,” [she said].


    “Texting and IM-ing my friends gives me a constant feeling of comfort,” wrote one student. “When I did not have those two luxuries, I felt quite alone and secluded from my life. Although I go to a school with thousands of students, the fact that I was not able to communicate with anyone via technology was almost unbearable.”

    Students also blogged about their “anxiety” in being cut off from media channels — though a scant few testified that they actually turned to newspapers or radio to get their news in an attempt to calm themselves. Rather, students are accustomed to consuming news through social media.

    One student wrote:


    “To be entirely honest I am glad I failed the assignment, because if I hadn’t opened my computer when I did I would not have known about the violent earthquake in Chile from an informal blog post on Tumblr.”

    Students said that they only went to traditional mainstream news sites during big events, like the Olympics.

     
    document.
     
    Huffington Post. 2010. All Rights Reserved

  • Rules pushing new technology in Grand Prix racing

    Ferrari: New rules must push technology


    Felipe MassaFormula 1′s likely switch to smaller turbocharged engines from 2013 must include the introduction of cutting-edge fuel efficiency technology too, claims Ferrari’s CEO Amedeo Felisa.

    With teams closing in on plans to use 670bhp 1.5-litre turbocharged engines from 2013, Felisa believes the sport should be even bolder in embracing the latest knowledge – and pursue the more economical Gasoline Direct Injection concept.

    Speaking to AUTOSPORT’s sister publication Autocar at the Beijing Motor Show on Friday, Felisa says that F1 could improve its relevance to the road car industry by adopting such engines.

    “If F1 has to develop something helpful for real driving conditions, then the best solution is for an engine that is turbocharged and GDI,” said Felisa. “That is what we would support.

    “It is the best solution for driving efficiency and utilisation of the engine in a positive way.”

    Earlier this week, Mercedes Benz motorsport boss Norbert Haug said he too expected smaller power units to be adopted – but urged caution for those who thought it would be possible to make the sport totally ‘green’.

    “The fascinating thing about Formula 1 is it’s fast, it’s loud, it’s on the limit,” he told AUTOSPORT. “We can discuss green initiatives, but Formula 1 needs to be technically driven. If you fly from Europe to Japan on a 747, you would use more fuel than an entire F1 season. We need to see the whole picture.

    “We need to be mindful that we are building the cleanest cars we can. The engine will be downsized in 2013 because the fuel consumption has to go down, and we need to cut carbon emissions. But we must not think that a 700bhp engine is going to be the greenest car ever, because that’s not great.”

     

    Copyright. 2010. Autosport Magazine. All Rights Reserved.

  • Gizmodo and the Prototype iPhone

    By John Gruber

     

    //(function(id) { document.write(‘ ‘);})(“DF”);// Mohawk Paper 

    Gizmodo and the Prototype iPhone

    The Phone

    The first question is, how did the phone leave Apple’s campus?

    Starting a few weeks ago, some number of iPhone engineers who, because of the nature of their work were already familiar with the details of Apple’s next-generation iPhone, were authorized to begin using late pre-production units outside Apple’s campus. Effectively, they became permitted to use these phones as their daily carry iPhones. Strict provisos govern such units. They must remain in cases designed to render them indistinguishable, at a glance, from an (encased) iPhone 3G/3GS. Such units are not allowed to be demonstrated or revealed to anyone. Not friends, not spouses.

    According to Gizmodo, one of the barcodes attached to the unit read “N90_DVT_GE4X_0493”. According to several sources (of mine) familiar with the project, “N90” is Apple’s codename for the fourth-generation GSM iPhone, slated for release this June or July. “DVT” stands for “design verification test”, an Apple production milestone. The DVT milestone is very late in the game; based on this, I now believe that this unit very closely, if not exactly, resembles what Apple plans to release.

    Why did Apple, so secretive about unreleased products, allow these units to be used off-campus? There’s simply no other way to test a phone. Even if maintaining the maximum feasible degree of secrecy, dozens of near-final units go into field testing a few months in advance of production. (This is true for Apple products other than phones as well, but I believe the practice is more widespread with the iPhone due to the nature of cellular network testing.)

    The same was true for the 3GS a year ago, and the 3G the year before that. The original iPhone was announced six months before it went on sale; in the interim between the January announcement and its debut in stores at the end of June, limited numbers of them were used for field testing.1

    A phone that is allowed to leave campus is a phone that can be lost or stolen. A phone that is lost or stolen can wind up in the wrong hands. And we all know Murphy’s Law. For all we know, this is not the first such prototype iPhone to have gone missing. It’s just the first to have wound up in the wrong hands.

    The Sellers

    California’s penal code, section 485:

    One who finds lost property under circumstances which give him knowledge of or means of inquiry as to the true owner, and who appropriates such property to his own use, or to the use of another person not entitled thereto, without first making reasonable and just efforts to find the owner and to restore the property to him, is guilty of theft.

    California’s civil code, section 2080.1:

    If the owner is unknown or has not claimed the property, the person saving or finding the property shall, if the property is of the value of one hundred dollars ($100) or more, within a reasonable time turn the property over to the police department of the city or city and county, if found therein, or to the sheriff’s department of the county if found outside of city limits, and shall make an affidavit, stating when and where he or she found or saved the property, particularly describing it.

    Yes, I’m quoting both criminal and civil statutes. But the plain meaning is clear. Those who found the phone on a bar stool, if that’s truly how they came into possession of it, could return the phone to its owner or they could turn it over to the police. To keep it for three weeks and then sell it makes them guilty of theft.

    Here is an interesting case, discussing and upholding California Penal Code 485 in the Sixth Circuit on April 7, 2010. It’s long, but here’s one good bit from it:

    The only mental state mentioned in Penal Code section 485 is the perpetrator’s “knowledge.” The crime is defined in terms of two acts, one omission, and one mental state. The perpetrator commits this offense if he or she (1) finds lost property (an act), (2) appropriates it (an act), (3) fails to make “reasonable and just efforts” to find the owner and restore the property to the owner (an omission), and (4) does so with knowledge of the true owner or means of inquiry as to the true owner (a mental state). Nowhere in the statutory definition of the offense is there any suggestion that the perpetrator must harbor any additional specific intent.

    Now, in practical terms, these fellows had another option. Speaking from personal experience as one who has spent a fair number of hours in bars, there is a universal protocol for dealing with misplaced or forgotten personal items left behind by fellow patrons. Wallets, keys, phones, purses. Whatever. If you see something like that on the floor, or forgotten on a table, you pick it up and hand it to the bartender. If you realize you’ve lost something, you ask the bartender. Everyone knows this.

    This option arguably does not comply with the letter of California law, insofar as the bartender is not the owner and is not the police. But no one has been or ever will be prosecuted for handing a lost item to the employees of the establishment where the item was found. Effectively you’re turning the bartender into the finder of the item.

    And, in this particular case, had these individuals done so, the phone would have gotten back to its rightful owner, who, in the days after losing it, called the bar repeatedly to ask whether it had been turned in. Even if it didn’t occur to the “finders” of this phone to turn it over to the bartender the night it was lost, all they had to do, at any point during the three weeks before they sold it to Gizmodo, was take it back to the bar, or just call the bar and ask whether the guy who lost it had called to claim it.

    Here is the story about their purported attempt to return the phone, as reported by Jesus Diaz at Gizmodo:

    During that time, he played with it. It seemed like a normal iPhone. “I thought it was just an iPhone 3GS,” he told me in a telephone interview. “It just looked like one. I tried the camera, but it crashed three times.” The iPhone didn’t seem to have any special features, just two bar codes stuck on its back: 8800601pex1 and N90_DVT_GE4X_0493. Next to the volume keys there was another sticker: iPhone SWE-L200221. Apart from that, just six pages of applications. One of them was Facebook.

    From the Facebook app, they obtained the name of the Apple engineer who lost the phone.

    Thinking about returning the phone the next day, he left. When he woke up after the hazy night, the phone was dead. Bricked remotely, through MobileMe, the service Apple provides to track and wipe out lost iPhones. It was only then that he realized that there was something strange that iPhone. The exterior didn’t feel right and there was a camera on the front. After tinkering with it, he managed to open the fake 3GS.

    Note that you are not permitted by law to disassemble found items.

    There it was, a shiny thing, completely different from everything that came before.

    He reached for a phone and called a lot of Apple numbers and tried to find someone who was at least willing to transfer his call to the right person, but no luck. No one took him seriously and all he got for his troubles was a ticket number.

    He thought that eventually the ticket would move up high enough and that he would receive a call back, but his phone never rang. What should he be expected to do then? Walk into an Apple store and give the shiny, new device to a 20-year-old who might just end up selling it on eBay?

    Admittedly, it would be very hard to get someone on the phone at Apple who would know what a device such as this one is. Apple, like most large companies, deliberately makes it difficult for consumers to reach (non-retail) employees. There is no lost prototype hotline.

    But they could have simply put the phone in a bubble wrap envelope and mailed it to 1 Infinite Loop. Apple’s mailing address is right on their web site. And they had the name of the engineer who lost the phone. It defies belief that calling Apple’s public phone numbers constitutes “reasonable and just efforts to find the owner and to restore the property to him”, as required both by law and by common sense.

    Take it back to the bar. Drop it in the mail. Send a message using Facebook to the engineer who lost it. Or, why not take it to an Apple Store? That’s a circuitous route, but this bit from Gizmodo’s report:

    Walk into an Apple store and give the shiny, new device to a 20-year-old who might just end up selling it on eBay?

    is how thieves think — that everyone else is as dishonest as they are. Taking it to an Apple Store, asking for a manager, and handing it over would have put the phone back in Apple’s hands.

    Even if you take their account at face value, it is clear the individuals who sold this unit to Gizmodo made no serious attempt to return the phone.

    Thus, even if the phone originally came into their hands by being lost, once they made no “reasonable and just” effort to return it and instead began trying to sell it, it became stolen.

    Consider, too, every coincidence that we’re asked to believe in this tale. What are the odds that the person who happened to be sitting next to the Apple engineer who lost such a phone would recognize it as something other than an existing consumer iPhone? It was snapped into a 3G/3GS-sized case. The screen is higher resolution, yes, but how many random people in a bar — even in Silicon Valley — would notice that? And they knew it might be worth thousands of dollars if offered to a site such as Gizmodo.

    In my book, anyone who did this with a phone left on a bar stool would be just as likely to, say, take it out of someone’s jacket pocket if they noticed its unusual nature while the engineer was using it at the bar — which we know the engineer did, given that he updated his Facebook page that evening with a comment regarding the quality of the beer he was drinking. There is no reason to take anything thieves claim at face value, particularly when it’s all been filtered through Gizmodo, which has a decided interest in painting a picture where they didn’t realize they were purchasing stolen property.

    Gizmodo

    California penal code, section 496:

    (a) Every person who buys or receives any property that has been stolen or that has been obtained in any manner constituting theft or extortion, knowing the property to be so stolen or obtained, or who conceals, sells, withholds, or aids in concealing, selling, or withholding any property from the owner, knowing the property to be so stolen or obtained, shall be punished by imprisonment in a state prison, or in a county jail for not more than one year. However, if the district attorney or the grand jury determines that this action would be in the interests of justice, the district attorney or the grand jury, as the case may be, may, if the value of the property does not exceed nine hundred fifty dollars ($950), specify in the accusatory pleading that the offense shall be a misdemeanor, punishable only by imprisonment in a county jail not exceeding one year.

    Given that Gizmodo claims to have paid $5,000 for the device, the latter half (regarding property worth less than $950) does not apply. Those who sold the phone to Gizmodo clearly obtained it in a manner constituting theft, whether they truly found it on a bar stool in the first place or otherwise. There can be no doubt that Gizmodo took possession of the phone, given that they’ve published photos and videos of editor Jason Chen holding it.

    So the question here is whether Gizmodo knew the phone was stolen.

    First, Gizmodo coyly suggests that they themselves were satisfied with the sellers’ tale of trying, and — alas! — failing, to return the phone to Apple by calling consumer-facing phone numbers. Regardless if the sellers truly believe that to have been a good faith effort to return the phone, would Gizmodo’s editors have us believe that they themselves believed that Apple had no interest in recovering this unit?

    Gizmodo’s primary defense against claims that they knowingly purchased stolen property is that they didn’t know whether the unit was truly an actual Apple prototype until after they obtained it and examined it. When posting Apple’s written request to have the unit returned to them, Gizmodo editorial director Brian Lam also posted what he claimed to be his emailed response:

    Happy to have you pick this thing up. Was burning a hole in our pockets. Just so you know, we didn’t know this was stolen when we bought it. Now that we definitely know it’s not some knockoff, and it really is Apple’s, I’m happy to see it returned to its rightful owner.

    P.S. I hope you take it easy on the kid who lost it. I don’t think he loves anything more than Apple except, well, beer.

    Note that I’ve quoted the original version of Lam’s purported response to Apple, a copy of which I saved, and which is archived publicly here at Cult of Mac. On Gizmodo’s web site, this response was edited (after I specifically noted Lam’s use of the word “stolen”, such that it now reads:

    Happy to have you pick this thing up. Was burning a hole in our pockets. Just so you know, we didn’t know this was stolen [as they might have claimed. meaning, real and truly from Apple. It was found, and to be of unproven origin] when we bought it. Now that we definitely know it’s not some knockoff, and it really is Apple’s, I’m happy to see it returned to its rightful owner.

    P.S. I hope you take it easy on the kid who lost it. I don’t think he loves anything more than Apple.

    The gibberish in brackets (punctuation and capitalization sic) was added, and the knife-twisting kick-in-the-balls quip about beer was removed. Keep in mind that this isn’t the editing of a weblog post — it’s the editing of what Lam and Gizmodo claim is the response they sent to Apple’s senior VP and chief legal counsel Bruce Sewell.

    Again, their defense, as best I can put it, is that only upon receipt of the letter from Sewell did they “definitely know it’s not some knockoff” and “really is Apple’s”. Curious, this supposed uncertainty, considering they published their photographs and videos of the device 12 hours earlier with the quite certain headline “This Is Apple’s Next iPhone”.

    Now, it’s worth noting that criminal charges are at the discretion of the District Attorney, not Apple. Apple can choose to file a civil lawsuit on its own, but a criminal suit can only be filed by the DA.

    If criminal charges are made, and they include charging the editors of Gizmodo with the purchase and receipt of stolen property, they can make whatever arguments they want in their defense. But Gizmodo certainly knew that if it was, in fact, an Apple prototype, that it did not belong to the individuals who were selling it, and that Apple would want it back. Yes, it could have been a hoax, but that defense could be (and, I’m guessing, is) made by anyone prosecuted for purchasing stolen property of this nature.

    Imagine, say, that someone offered to sell you a unique and notable piece of stolen artwork. You pay them and take the item. You are subsequently arrested and charged with buying stolen property. What do you think your chances are of being acquitted on the grounds that you didn’t know for certain whether the item was a forgery at the time you paid for it?

    Further, upon receipt of the phone, Gizmodo inspected it for “about a week” before they began publishing their photos of the device. Whatever their questions regarding its legitimacy at the outset, it didn’t take them six days to figure out it was real. In the meantime, they kept it secret and did not return it to or notify Apple.

    I have two issues regarding Gizmodo’s actions regarding this story.

    First, I’m fascinated by their apparently cavalier attitude regarding the legal implications of their actions. I’m not offended by their decision to obtain this unit and publish everything they were able to ascertain regarding it. It simply boggles my mind the stakes they have effectively wagered that Apple will not pursue this legally.

    Second, publishing the name, photographs, and personal information of the Apple engineer who lost the phone is irrelevant to the story. It was the dick move to end all dick moves. Gizmodo is, ostensibly, a gadget site. The interest of their readers in this saga regards the phone. Publishing his name did not clarify in the least bit how they obtained the phone. The people whose identities I’d like to know are those who obtained and then sold the phone, not the guy from Apple who lost it. There is no interest served by outing him other than taking sociopathic glee in making a public spectacle of someone who made a very serious but honest mistake.

    This, I’m deeply offended by.


    1. I don’t know what Apple would do with prototypes for a new iPhone that had a radically new industrial design, such that they couldn’t be disguised as an existing consumer iPhone using a case. 

  • Weighing the Evidence on Exercise

     

    James Welling for The New York Times
     

    April 12, 2010

    Weighing the Evidence on Exercise

    How exercise affects body weight is one of the more intriguing and vexing issues in physiology. Exercise burns calories, no one doubts that, and so it should, in theory, produce weight loss, a fact that has prompted countless people to undertake exercise programs to shed pounds. Without significantly changing their diets, few succeed. “Anecdotally, all of us have been cornered by people claiming to have spent hours each week walking, running, stair-stepping, etc., and are displeased with the results on the scale or in the mirror,” wrote Barry Braun, an associate professor of kinesiology at the University of Massachusetts at Amherst, in the American College of Sports Medicine’s February newsletter.

    But a growing body of science suggests that exercise does have an important role in weight loss. That role, however, is different from what many people expect and probably wish. The newest science suggests that exercise alone will not make you thin, but it may determine whether you stay thin, if you can achieve that state. Until recently, the bodily mechanisms involved were mysterious. But scientists are slowly teasing out exercise’s impact on metabolism, appetite and body composition, though the consequences of exercise can vary. Women’s bodies, for instance, seem to react differently than men’s bodies to the metabolic effects of exercise. None of which is a reason to abandon exercise as a weight-loss tool. You just have to understand what exercise can and cannot do.

    “In general, exercise by itself is pretty useless for weight loss,” says Eric Ravussin, a professor at the Pennington Biomedical Research Center in Baton Rouge, La., and an expert on weight loss. It’s especially useless because people often end up consuming more calories when they exercise. The mathematics of weight loss is, in fact, quite simple, involving only subtraction. “Take in fewer calories than you burn, put yourself in negative energy balance, lose weight,” says Braun, who has been studying exercise and weight loss for years. The deficit in calories can result from cutting back your food intake or from increasing your energy output — the amount of exercise you complete — or both. When researchers affiliated with the Pennington center had volunteers reduce their energy balance for a study last year by either cutting their calorie intakes by 25 percent or increasing their daily exercise by 12.5 percent and cutting their calories by 12.5 percent, everyone involved lost weight. They all lost about the same amount of weight too ­— about a pound a week. But in the exercising group, the dose of exercise required was nearly an hour a day of moderate-intensity activity, what the federal government currently recommends for weight loss but “a lot more than what many people would be able or willing to do,” Ravussin says.

    At the same time, as many people have found after starting a new exercise regimen, working out can have a significant effect on appetite. The mechanisms that control appetite and energy balance in the human body are elegantly calibrated. “The body aims for homeostasis,” Braun says. It likes to remain at whatever weight it’s used to. So even small changes in energy balance can produce rapid changes in certain hormones associated with appetite, particularly acylated ghrelin, which is known to increase the desire for food, as well as insulin and leptin, hormones that affect how the body burns fuel.

    The effects of exercise on the appetite and energy systems, however, are by no means consistent. In one study presented last year at the annual conference of the American College of Sports Medicine, when healthy young men ran for an hour and a half on a treadmill at a fairly high intensity, their blood concentrations of acylated ghrelin fell, and food held little appeal for the rest of that day. Exercise blunted their appetites. A study that Braun oversaw and that was published last year by The American Journal of Physiology had a slightly different outcome. In it, 18 overweight men and women walked on treadmills in multiple sessions while either eating enough that day to replace the calories burned during exercise or not. Afterward, the men displayed little or no changes in their energy-regulating hormones or their appetites, much as in the other study. But the women uniformly had increased blood concentrations of acylated ghrelin and decreased concentrations of insulin after the sessions in which they had eaten less than they had burned. Their bodies were directing them to replace the lost calories. In physiological terms, the results “are consistent with the paradigm that mechanisms to maintain body fat are more effective in women,” Braun and his colleagues wrote. In practical terms, the results are scientific proof that life is unfair. Female bodies, inspired almost certainly “by a biological need to maintain energy stores for reproduction,” Braun says, fight hard to hold on to every ounce of fat. Exercise for many women (and for some men) increases the desire to eat.

    Thankfully there has lately been some more encouraging news about exercise and weight loss, including for women. In a study published late last month in The Journal of the American Medical Association, researchers from Harvard University looked at the weight-change histories of more than 34,000 participants in a women’s health study. The women began the study middle-aged (at an average of about 54 years) and were followed for 13 years. During that time, the women gained, on average, six pounds. Some packed on considerably more. But a small subset gained far less, coming close to maintaining the body size with which they started the study. Those were the women who reported exercising almost every day for an hour or so. The exercise involved was not strenuous. “It was the equivalent of brisk walking,” says I-Min Lee, a researcher at Harvard Medical School and Brigham and Women’s Hospital and the lead author of the study. But it was consistently engaged in over the years. “It wasn’t something the women started and stopped,” Lee says. “It was something they’d been doing for years.” The women who exercised also tended to have lower body weights to start with. All began the study with a body-mass index below 25, the high end of normal weight. “We didn’t look at this, but it’s probably safe to speculate that it’s easier and more pleasant to exercise if you’re not already heavy,” Lee says.

    On the other hand, if you can somehow pry off the pounds, exercise may be the most important element in keeping the weight off. “When you look at the results in the National Weight Control Registry,” Braun says, “you see over and over that exercise is one constant among people who’ve maintained their weight loss.” About 90 percent of the people in the registry who have shed pounds and kept them at bay worked out, a result also seen in recent studies. In one representative experiment from last year, 97 healthy, slightly overweight women were put on an 800-calorie diet until they lost an average of about 27 pounds each. Some of the women were then assigned to a walking program, some were put on a weight-training regimen and others were assigned no exercise; all returned to their old eating habits. Those who stuck with either of the exercise programs regained less weight than those who didn’t exercise and, even more striking, did not regain weight around their middles. The women who didn’t exercise regained their weight and preferentially packed on these new pounds around their abdomens. It’s well known that abdominal fat is particularly unhealthful, contributing significantly to metabolic disruptions and heart disease.

    Scientists are “not really sure yet” just how and why exercise is so important in maintaining weight loss in people, Braun says. But in animal experiments, exercise seems to remodel the metabolic pathways that determine how the body stores and utilizes food. For a study published last summer, scientists at the University of Colorado at Denver fattened a group of male rats. The animals already had an inbred propensity to gain weight and, thanks to a high-fat diet laid out for them, they fulfilled that genetic destiny. After 16 weeks of eating as much as they wanted and lolling around in their cages, all were rotund. The scientists then switched them to a calorie-controlled, low-fat diet. The animals shed weight, dropping an average of about 14 percent of their corpulence.

    Afterward the animals were put on a weight-maintenance diet. At the same time, half of them were required to run on a treadmill for about 30 minutes most days. The other half remained sedentary. For eight weeks, the rats were kept at their lower weights in order to establish a new base-line weight.

    Then the fun began. For the final eight weeks of the experiment, the rats were allowed to relapse, to eat as much food as they wanted. The rats that had not been running on the treadmill fell upon the food eagerly. Most regained the weight they lost and then some.

    But the exercising rats metabolized calories differently. They tended to burn fat immediately after their meals, while the sedentary rats’ bodies preferentially burned carbohydrates and sent the fat off to be stored in fat cells. The running rats’ bodies, meanwhile, also produced signals suggesting that they were satiated and didn’t need more kibble. Although the treadmill exercisers regained some weight, their relapses were not as extreme. Exercise “re-established the homeostatic steady state between intake and expenditure to defend a lower body weight,” the study authors concluded. Running had remade the rats’ bodies so that they ate less.

    Streaming through much of the science and advice about exercise and weight loss is a certain Puritan streak, a sense that exercise, to be effective in keeping you slim, must be of almost medicinal dosage — an hour a day, every day; plenty of brisk walking; frequent long runs on the treadmill. But the very latest science about exercise and weight loss has a gentler tone and a more achievable goal. “Emerging evidence suggests that ­unlike bouts of moderate-vigorous activity, low-intensity ambulation, standing, etc., may contribute to daily energy expenditure without triggering the caloric compensation effect,” Braun wrote in the American College of Sports Medicine newsletter.

    In a completed but unpublished study conducted in his energy-metabolism lab, Braun and his colleagues had a group of volunteers spend an entire day sitting. If they needed to visit the bathroom or any other location, they spun over in a wheelchair. Meanwhile, in a second session, the same volunteers stood all day, “not doing anything in particular,” Braun says, “just standing.” The difference in energy expenditure was remarkable, representing “hundreds of calories,” Braun says, but with no increase among the upright in their blood levels of ghrelin or other appetite hormones. Standing, for both men and women, burned multiple calories but did not ignite hunger. One thing is going to become clear in the coming years, Braun says: if you want to lose weight, you don’t necessarily have to go for a long run. “Just get rid of your chair.”

    Gretchen Reynolds writes the Phys Ed column for the magazine. She is writing a book about the frontiers of fitness.