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The classic (\"status attainment\") model of educational and occupational attainment suffers from three related shortcomings when used as a tool for comparative or policy-oriented research on social mobility: (1) ambiguity of model parameters as measures of opportunity for achievement vs. ascription; (2) vulnerability to incomplete specification of family background; and (3) confounding of environmental and genetic influences. These issues can be addressed in part by using a (\"behavior genetic\") model that distinguishes variance components associated with genetic endowment, shared (or common) family environment, and unshared (or specific) environment. Size of the genetic component (heritability) measures opportunity for achievement; size of the shared environment component (environmentality) measures social ascription. A multivariate behavior genetic model of adolescent verbal IQ, grade point average and college plans is estimated using data for six types of adolescent sibling pairs living in the same household: MZ twins, DZ twins, full siblings, half siblings, cousins and non-related siblings. Results show large genetic components, relatively small shared environmental components, and large unshared environmental components for all three outcomes. Parameters of the behavior genetic model can be used to compare mobility regimes across social contexts and the model therefore provides an important tool for comparative social mobility research.

Taconic Investment Partners invests in and manages commercial real estate in the New York metropolitan area. It owns about 10 office, multifamily residential, and mixed-use properties totaling more than 7 million sq. ft. of space in Manhattan, Brooklyn, the Bronx, and Coney Island. The company's Taconic Management division handles property management, leasing, and construction management duties. Founded in 1997 by co-CEOs Charles Bendit and Paul Pariser, Taconic Investment Partners has also owned properties in Atlanta, Chicago, and Washington, DC.

The Partnership for New York City is a group of business leaders pledged to work for the economic and cultural betterment of all five boroughs. To achieve its goal of maintaining New York City's position as the global center of commerce, culture, and innovation, it conducts research, participates in policy making, lobbies government, and invests in economic development efforts. Its many partners include American Express, Con Edison, Macys, Tiffany & Co. The group was formed in 2002 from a combination of two already-affiliated organizations with complementary missions: the New York City Partnership, founded by David Rockefeller in 1979, and the New York Chamber of Commerce and Industry, which was formed in 1768.

\"We must all remember there wasn't any room for Jesus.\" \"It's wonderful, there are a few generations here to see him,\" she said. \"It's nice to reassure The Bulletin that this year [Jesus] is a boy,\" he said.

Paul Taubman, who had a law practice in Great Neck, L.I., and was director of staff relations for the New York City Department of Highways from 1962 to 1974, died yesterday...

He thought he'd finally found \"clarity\" about his future, he recently told me. And then, just days after Mr. [Paul J. Taubman] committed to a lease on the new office space, Hamilton E. James, president and chief operating officer of Blackstone, called him with an unexpected proposition: Blackstone had decided to spin off its client advisory businesses, including M.&A. advising, restructuring, and Park Hill, its fund placement business. It wanted Mr. Taubman to run the new company. \"There went the clarity,\" Mr. Taubman said. 'AND THEN THERE WERE TWO' In June, John Browne, a former chief executive of the British oil giant BP, became the first chief executive (current or former) of a listed company to acknowledge in public he is gay. In his memoir, \"The Glass Closet,\" he told the sometimes painful story of his experiences as a closeted gay chief executive, which culminated in his being outed by a British tabloid. He said he wrote the book in part to encourage others to be open. In that sense, \"it's been a remarkable year,\" he said. \"A great year.\"

Despite his roots in the past, [Charlie Paul] personifies the modernization process. Today, he composes, arranges and records the orchestra music for \"As the World Turns,\" \"The Guiding Light\" and \"General Hospital.\" \"It's exciting. It's a challenge. I frequently use three guitarists and two percussionists on top of the usual woodwinds, strings and horns,\" he says exuberantly. Paul and his collaborators also make more elaborate use of music to set the mood and tone of a scene. At Hope Bauer and Alan Spaulding's wedding on \"Guiding Light,\" one of the characters sang the Perry Como hit \"And I Love You So.\" And, in the now famous scene from \"General Hospital\" when Luke Spenser raped Laura Baldwin, the heinous act was committed with the throbbing beat of Herb Alpert's \"Rise\" in the background. If soap opera music has grown more sophisticated and subtle, it has also become the vehicle for reaching out to new audiences - especially young people. \"General Hospital\" (not incidentally the No. 1 rated soap) makes heavy use of a nightspot called the \"Campus Disco.\" Popular tunes like \"Rotation,\" \"Night Drive\" and Donna Summer's \"On the Radio\" are frequently heard blaring on the jukebox, although never so loudly as to interfere with the dialogue.

Mr. Taubman's firm, PJT Partners, has hired David J. Stern, the former commissioner of the National Basketball Association, as a senior adviser on what Mr. Stern insists will be more than just sports deals.

The firm, PJT Partners, will begin trading on Thursday, testing whether Mr. Taubman can lead a rapidly assembled team of specialists in mergers, reorganizations and fund-raising for investment funds in the spotlight of the public markets. Some private equity firms, for example, did not want to hire Blackstone bankers to advise their portfolio companies when their colleagues at the Blackstone-owned GSO hedge fund were taking opposite bets on the debt of those companies.