All Things Considered

Transcript

ROBERT SIEGEL, HOST:

One of Mexico's greatest writers has died: Carlos Fuentes. He was 83. Fuentes was a central figure in the Latin American literary boom of the 1960s and '70s. And he was publishing fiction and essays until the end, including an essay published today in the Mexican newspaper Reforma. I'm joined by Ilan Stavans, professor of Latino Studies at Amherst College. And, Professor Stavans, give us a sense of the broad sweep of Fuentes' career and what made his work so important.

Transcript

ROBERT SIEGEL, HOST:

One of Mexico's greatest writers has died: Carlos Fuentes. He was 83. Fuentes was a central figure in the Latin American literary boom of the 1960s and '70s. And he was publishing fiction and essays until the end, including an essay published today in the Mexican newspaper Reforma. Our own book critic Alan Cheuse knew Fuentes and reviewed many of his novels. Hi, Alan.

ALAN CHEUSE, BYLINE: Hi, Robert.

SIEGEL: And first, give us a sense of the broad sweep of Carlos Fuentes' career, and what made his work so important?

When Facebook goes public this week, the company will be valued at roughly $100 billion.

It will be the highest valuation ever for an initial public offering of a tech company. Is Facebook really worth this much money?

One way to frame the question is to consider a single fraction.

The number on top of the fraction is the total value of the company. The number on the bottom is the company's profits over the past year. This fraction is called the price-to-earnings ratio. It's widely used by investors in stocks.

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