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...into the open. While it falls to the Bank of England to shore up stability in the country's banking sector, it's the job of the Financial Services Authority (FSA) to supervise individual banks. Callum McCarthy, the regulator's chairman, and CEO Hector Sants are now set to appear in front of the parliamentary committee next month. Alistair Darling, the U.K. Chancellor, is expected to show too. Expect the FSA to come in for even more criticism than King, reckons Buik. In the longer term, though, King's banking that the crisis leaves no serious harm done. "Headlines come...

Author: /time Magazine | Title: Coming Clean On Northern Rock | 9/22/2007 | See Source »

...very often that new faces appear in the front row at fashion shows, so when a petite blond with Miu Miu eyeglasses occupied prime seats at the Milan and Paris collections last spring, veterans took note. They should have known: new luxury markets bring new editors into the fray, and the booming luxury-goods business in Russia has brought Evelina Khromtchenko, 35, to fashion's forefront. She's the clever editor in chief and creative director of the Russian edition of L'Officiel, a fashion magazine with 100,000 readers who can't get enough of Chanel, Dior and, lately...

Author: /time Magazine | Title: Media: Evelina Khromtchenko | 9/21/2007 | See Source »

...easy to talk about a team when there’s only one game under their belt, and they haven’t played a team you’re that familiar with,” Murphy said. “But having said that, they appear to be more athletic, more experienced, much better on defense, compared to a year ago.”In last year’s Harvard-Brown game in Providence, the Crimson dominated the ground game on the way to a 38-21 pounding of the Bears, the seventh-straight win against Brown.But with...

Author: By Malcom A. Glenn, CRIMSON STAFF WRITER | Title: Saturday Night Lights | 9/21/2007 | See Source »

...Harvard students like everyone else, and many will gain a cynicism and sarcasm about Harvard and themselves that wasn’t present before. But recently, events have been reminding me that I am, indeed, a senior: I’ve spell-checked my name as it will appear on my diploma, and I’ve been photographed for a yearbook I barely knew existed. I’ll never get another chance to put on a bright red shirt, welcome Harvard first years, and for one week get caught up in their enthusiasm and excitement. Every year, memories...

Author: By M. AIDAN Kelly, CRIMSON STAFF WRITER | Title: Harvard's 'Love Story' | 9/20/2007 | See Source »

...First elected in 2002, Erdogan has until now skirted the politically sensitive headscarf issue. But the July election, in which his party won 47% of the popular vote, together with the appointment last month of President Abdullah Gul, a conservative Muslim, appear to have emboldened the religiously conservative party. One of its main tasks now is to revise a constitution that was introduced by a military government after a coup in 1980. The government has assigned a team of academics and lawmakers to come up with a new one. Wording of a first draft was recently leaked to the Turkish...

Author: /time Magazine | Title: Turkish PM: End Ban on Headscarves | 9/20/2007 | See Source »

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