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Paul Schulte, a former Lehman Brothers star analyst who is now with Japan's Nomura (which took over bankrupt Lehman's Asian operations), recently compared bank balance sheets in various countries and discovered significant differences. One telling disparity is leverage. The higher the leverage, the greater the risk, and despite efforts to put them on sounder financial footing, U.S. and European banks remain overstretched by historical standards and relative to their peers. (See the top 10 bankruptcies...

Author: /time Magazine | Title: Why China's Banks Are Stronger than America's | 6/3/2009 | See Source »

...whom she met in graduate school, says at one point she weighed the possibility of working toward a Ph.D. in English literature. But after being lured into the world of finance, Mendillo chose to pursue an MBA at the Yale School of Management and worked as a summer equities analyst on Wall Street, where she says she loved “delving into the details of earnings reports and economic cycles.” Though she spent a few years working in management consulting at Bain & Company in Boston, Mendillo decided she preferred the “excitement of investment...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Despite Tough Year, New HMC Chief Remains Optimistic | 6/3/2009 | See Source »

...University scaled back on printed materials, the College’s Q Guide for course evaluations cut its student staff in April—a measure that meant the loss of 16 jobs, according to former systems analyst Douglas R. Lloyd...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Students Feel the Pinch | 6/3/2009 | See Source »

...analyst adds that "that's just speculation, of course." As is pretty much everything when it comes to Kim Jong Il's favorite son, the "chip off the old block" apparently destined to pay the price of inheritance if he becomes leader of one of the world's most impoverished, insular and repressive regimes...

Author: /time Magazine | Title: North Korea's Next Kim: Dad's Favorite, Kim Jong Un | 6/1/2009 | See Source »

That he is also now North Korea's Kim-in-waiting has become apparent in the past month, analysts believe. In late April, he was named to the country's all-powerful National Defense Commission, a sign to North Korea analysts that he indeed is being groomed as his father's successor. There has been widespread speculation that uncertainty about a possible transition in the North is part of the reason for Pyongyang's recent, dramatic acts of defiance: a long-range rocket launch in early April, and last week's underground nuclear test and multiple missile launches. North Korea...

Author: /time Magazine | Title: North Korea's Next Kim: Dad's Favorite, Kim Jong Un | 6/1/2009 | See Source »

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