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...includes extra liquidity for banks and government guarantees for their debt - has inspired similar rescue packages across Europe. Still, one model won't fit all. "Some countries consider they don't have an insolvency problem, and are focusing more on providing guarantees to improve liquidity in the markets," says Antonio Ramirez, banking analyst at Keefe, Bruyette & Woods in London. (On Monday, for instance, Spain said it would guarantee new bank debt until the end of 2009.) But "the problems in terms of capital requirements of U.K. banks seem to be much higher than what they eventually could be in other...

Author: /time Magazine | Title: Britain Sets Details of Huge Bank-Bailout Plan | 10/13/2008 | See Source »

...Antonio C. Baclig ’09, a chemistry and physics concentrator who lives in Leverett House, said he found the alumni advice useful...

Author: By Bonnie J. Kavoussi and Yuying Luo, CRIMSON STAFF WRITERSS | Title: Alumni Reunite After Thirty, Forty, and Forty-Five Years | 10/13/2008 | See Source »

...employee of the CIA for 27 years, this fellow is well-practiced in keeping secrets. Except for that one time in 2005 when she let slip the size of the national intelligence budget while giving a speech in San Antonio...

Author: By Meaghan E Lyons, CONTRIBUTING WRITER | Title: The Fellowship of the IOP | 10/8/2008 | See Source »

...billion dollar losses and complex financial assets, Santander's fortunes speak to the advantages of a simpler approach. Spain's largest bank "lends to their clients, takes deposits from their clients, and runs a network of branches," says Antonio Ramirez, analyst at investment bank Keefe, Bruyette & Woods in London. "It's quite simple, quite traditional." Focused on retail banking, with limited investment banking operations, and with a long-buoyant domestic market to lean on, Santander side-stepped the toxic assets caught up in the collapse of the U.S. sub-prime mortgage market. Enjoying "good growth at home, they were never...

Author: /time Magazine | Title: Lessons from Europe's Big Bailout | 9/29/2008 | See Source »

...this time in the sun rather than the rain—and defeated the rest of the field on their way to the team’s third straight tournament victory. Harvard’s 301 placed them four strokes ahead of the University of Texas at San Antonio in second place, and 10 strokes better than Yale, its closest Ivy League competitor. Junior Claire Sheldon led the way for the Crimson with a 73. Her round included four birdies. She also hit nearly every green in regulation on her way to a fourth-place finish. Freshman Christine...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Harvard Defeats in Shortened Play | 9/28/2008 | See Source »

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