April 11, 2011 Vol. 163 No. 5 / Fortune Asia

40 CHRIS WHITTLE'S PLAN TO MAKE A WORLD-CLASS PRIVATE SCHOOL
His Edison project got mixed grades. But Whittle's new for-profit venture aims
to revolutionize K--12 education.
BY DAVID A. KAPLAN

46 IT'S TIME TO BUY AGAIN
Forget stocks. Don't bet on gold. After four years of plunging home prices, the
most attractive asset class in America is housing.
BY SHAWN TULLY

54 GREEN FORUM
WHAT'S NEXT FOR NUCLEAR POWER?
The Fukushima disaster is raising antinuclear sentiment around the world. But
can society afford to live without this carbon-free energy source? Six experts
weigh in.

64 CAN JAMES GORMAN MAKE MORGAN STANLEY GREAT AGAIN?
He's been CEO of the storied but bruised investment bank for a year. Now all he
has to do is reduce risk and restore profits at the same time.
BY DUFF MCDONALD

72 | BING!

FIRST

14 | BY THE NUMBERS
Russia invests in American steel.
BY DANIEL ROBERTS

16 | CLOSER LOOK
Major League Baseball commissioner Bud Selig: Ready to play ball.
BY DAVID A. KAPLAN

17 | THE CHARTIST
GM's recycling boom.
BY DANIEL ROBERTS

18 | WORLD'S MOST ADMIRED COMPANIES
Oracle's bold moves.
BY SHERIDAN PRASSO

20 | BRAINSTORM
Fixing the mortgage mess.
BY JOHN STUMPF

VENTURE

23 | LEADERSHIP
Looking for new ways to manage your troops? Some tips from New York Philharmonic
conductor Alan Gilbert.
BY JESSICA SHAMBORA

26 | VERNE HARNISH
Five ways to get your strategy right.

TECH

27 | THE PROBLEM WITH MICROSOFT ...
No one questions CEO Steve Ballmer's drive or intentions窶巴ut is his devotion
to the company and its Windows business hurting its ability to innovate?
BY GARY RIVLIN

INVEST

33 | INVESTOR Q&A
John Calamos's quest for growth.
BY MINA KIMES

35 | ANATOMY OF A TRADE
Jerry Jordan is betting on a magical ride at Disney.
BY SCOTT MEDINTZ

36 | WEALTH ADVISER
Taxes: saving money at home.
BY PAUL SULLIVAN

37 | ANALYST FACE-OFF
Is drilling rig operator Diamond Offshore a buy?
BY ANNE VANDERMEY

Opinion

38 | How to tackle the problem of economic inequality without hurting the
recovery.
BY GEOFF COLVIN

39 | The Fed has the authority to curb unemployment. Here's why it shouldn't.
BY BECKY QUICK

CORRECTIONS: In "The Great Online-Radio Race" (March 21, 2011), we misidentified
two executives. Tim Westergren is chief strategy officer of Pandora and Bob
Pittman is chairman of media and entertainment platforms for Clear Channel.
Fortune regrets the errors.

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