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...Wall Street firm Bernstein Research says most people are focused on how the lack of loans will hurt bank earnings. Lending is, after all, how banks make money. But in the past year or so, banks have had to sock away more and more cash into their reserves to account for their growing number of bad loans. That's caused earnings to plummet. With loans falling, reserve ratios - the measure of reserves to loans - are growing. That means banks will be able to divert less profit into those rainy-day accounts, which should boost bottom lines...

Author: /time Magazine | Title: Bank Lending Is Still Down. Should We Be Worried? | 1/8/2010 | See Source »

...maintained that she would not have written her column any differently had the expenses been charged to her faculty research account at Harvard Business School instead...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Harvard Business School Professor's NYT Column Violates Ethics Policy | 1/6/2010 | See Source »

...This is one of the coolest tools I've seen for booking travel and sharing trip information with friends. The site's completely integrated with Facebook, so you never have to create an account and it automatically finds your friends," wrote one account-holder...

Author: By Barbara B. Depena, CRIMSON STAFF WRITER | Title: Gtrot Your Way Out of Cambridge | 1/2/2010 | See Source »

...government was rallying support for itself on Wednesday, the funeral of Ali Mousavi, the nephew of Mir-Hossein Mousavi, took place under the watchful and wary eye of state security. He had died in a hospital shortly after reportedly being shot in the chest during Sunday's riots. An account of the funeral, said to have been written by a member of Iran's security forces with sympathies toward the opposition, is currently circulating. It describes a bleak ceremony, held just after dawn, with men and women from the Revolutionary Guards dressed in black mingling with family members. The undercover...

Author: /time Magazine | Title: Iran's Hard-Liners: How to Fight Spontaneous Combustion | 1/2/2010 | See Source »

...years to be executed in China when he was given a lethal injection in the northwestern city of Urumqi. The 53-year-old Brit was convicted of smuggling 4 kg of heroin into China from Tajikistan. Shaikh's family had pleaded for Chinese courts to take into account his history of mental illness. The human-rights group Reprieve documented numerous incidents of erratic and delusional behavior by Shaikh, including his recording of a song, titled "Come Little Rabbit," that he apparently believed would lead to world peace. Reprieve says that drug traffickers preyed on Shaikh's hopes of becoming...

Author: /time Magazine | Title: Despite a Controversial Execution, China Curbs Use of the Death Penalty | 12/30/2009 | See Source »

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