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...back into the economy in the form of loans. And many question the judgment calls Washington made as the crisis escalated last fall. "No one has yet adequately explained why they bailed out Bear Stearns but not Lehman Brothers," says the senior investment banker critical of the government's approach. "That's not all on Geithner, but some...

Author: /time Magazine | Title: Can Tim Geithner Lead the Economy Out of Its Mess? | 1/14/2009 | See Source »

Grameen's approach is different, since unlike most U.S. microfinanciers, it uses the group-lending model. Costs are kept down by having borrowers vet one another, tying together their financial fates and eliminating expensive loan officers entirely. Whether that setup will eventually allow Grameen to stand on its own two legs is a huge question mark...

Author: /time Magazine | Title: Can Microfinance Make It in America? | 1/11/2009 | See Source »

...FUTUREBesides recording and promotion, Veritas has a number of plans for the spring. Chief among these is its partnership with Rolling Stone magazine to host “Rock Hard,” a Boston-wide search for the best college bands.The idea originated with Spaniola, who decided to approach Rolling Stone, a long-time sponsor of Veritas. The magazine responded enthusiastically, and the plans have since expanded to include eight Boston schools: BU, BC, Emerson, Northeastern, Berklee, MIT, Tufts, and Harvard.In February, each school will host its own Battle of the Bands in order to select its most talented...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Veritas Aims for the Stars | 1/11/2009 | See Source »

...that violence, wherever it comes from and whatever form it takes, must be firmly condemned." The Vatican has long called for a negotiated settlement and wants Israel and the U.S. to engage other regional players, including Syria and Iran, to find what the Pope on Thursday called a "global approach" to a lasting Middle East peace...

Author: /time Magazine | Title: Will the Pope Cancel His Holy Land Trip? | 1/9/2009 | See Source »

...approach followed to enact the social security reform is noteworthy. The July 2008 National Assembly session enacted a preliminary bill that the population would discuss. At the December 2008 National Assembly session, the Labor Minister reported that 99.1 percent of the 3,057,568 participants in assemblies convened to discuss the bill had approved it. This was no doubt aided by the government’s full use of its ownership and operation of all the mass media to defend the policy changes in the absence of counterarguments. Nor should there be doubt that the substantive policy change was necessary...

Author: By Jorge I. Domínguez | Title: The Castro Regime at Age 50 | 1/8/2009 | See Source »

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